
Expensive
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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 $128,611, lower than the Mississippi average of $183,008.
The average cost of rent is $786/mo in Monroe County, primarily driven by the current value of real estate in the Monroe County area. In Monroe County, 23.68% of households rent, and 54.72% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroe County is $4,707 per month. Households that rent pay about 16.69% of their income on rent here. Monroe County’s most expensive areas are in the northeastern 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
- Chickasaw County, MS: equally priced homes
- Calhoun County, MS: less expensive homes
- Yalobusha County, MS: equally priced homes
- Walker County, AL: higher priced homes
- Tallahatchie County, MS: less expensive homes
- Blount County, AL: higher priced homes
- Etowah County, AL: higher priced homes
- Lincoln County, AR: less expensive homes
- Polk County, GA: higher priced homes
- Cleveland County, AR: equally priced homes
Counties with Similar Populations
- Gladwin County, MI: higher priced homes
- White County, TN: higher priced homes
- Whitley County, IN: higher priced homes
- Whitley County, KY: higher priced homes
- Williams County, ND: higher priced homes
- Gratiot County, MI: higher priced homes
- Woodford County, IL: higher priced homes
- Graham County, AZ: higher priced homes
- Wyoming County, NY: higher priced homes
- Gloucester County, VA: higher priced homes
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