Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Monroe County area can be challenging. Home prices in Monroe County are now at a median cost of $303,490, higher than the Indiana average of $232,932.
The average cost of rent is $1,190/mo in Monroe County, primarily driven by the current value of real estate in the Monroe County area. In Monroe County, 46.03% of households rent, and 39.77% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroe County is $5,974 per month. Households that rent pay about 19.92% of their income on rent here. Monroe County’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Brown County, IN: equally priced homes
- Greene County, IN: less expensive homes
- Bartholomew County, IN: less expensive homes
- Sullivan County, IN: less expensive homes
- Jennings County, IN: less expensive homes
- Crawford County, IL: less expensive homes
- Ripley County, IN: less expensive homes
- Dearborn County, IN: less expensive homes
- Jasper County, IL: less expensive homes
- Cumberland County, IL: less expensive homes
Counties with Similar Populations
- Sussex County, NJ: higher priced homes
- Madison County, IN: less expensive homes
- Napa County, CA: higher priced homes
- Pickens County, SC: equally priced homes
- Ponce Municipio, PR: less expensive homes
- Randall County, TX: less expensive homes
- Rapides Parish, LA: less expensive homes
- Rock Island County, IL: less expensive homes
- Sandoval County, NM: higher priced homes
- Strafford County, NH: higher priced homes
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