Home Price Key
Affordable
Average
Expensive
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 $180,514, lower than the Michigan average of $196,062.
The average cost of rent is $918/mo in Monroe County, primarily driven by the current value of real estate in the Monroe County area. While nearly 38.50% of residents own their homes outright in Monroe County, 19.47% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monroe County is $5,882 per month. Households that rent pay about 15.60% of their income on rent here. Monroe County's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the county.
Nearby Counties
- Lenawee County, MI: less expensive homes
- Hillsdale County, MI: less expensive homes
- Branch County, MI: less expensive homes
- St. Joseph County, MI: less expensive homes
- Cass County, MI: equally priced homes
- Berrien County, MI: equally priced homes
- Erie County, PA: less expensive homes
- Warren County, PA: less expensive homes
- Cook County, IL: higher priced homes
- DuPage County, IL: higher priced homes
Counties with Similar Populations
- Fairfield County, OH: higher priced homes
- Mesa County, CO: higher priced homes
- Schenectady County, NY: equally priced homes
- Santa Fe County, NM: higher priced homes
- Kaufman County, TX: higher priced homes
- Johnson County, IA: higher priced homes
- Penobscot County, ME: less expensive homes
- Portage County, OH: equally priced homes
- Houston County, GA: equally priced homes
- Hampshire County, MA: higher priced homes
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