Affordable
Expensive
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 $243,735, lower than the Tennessee average of $315,131.
The average cost of rent is $748/mo in Monroe County, primarily driven by the current value of real estate in the Monroe County area. In Monroe County, 27.84% of households rent, and 52.59% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monroe County is $5,073 per month. Households that rent pay about 14.75% of their income on rent here. Monroe County’s most expensive areas are in the eastern 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
- McMinn County, TN: less expensive homes
- Meigs County, TN: less expensive homes
- Rhea County, TN: less expensive homes
- Bledsoe County, TN: less expensive homes
- Swain County, NC: less expensive homes
- Haywood County, NC: higher priced homes
- Warren County, TN: less expensive homes
- Coffee County, TN: equally priced homes
- Buncombe County, NC: higher priced homes
- Bedford County, TN: higher priced homes
Counties with Similar Populations
- Santa Cruz County, AZ: equally priced homes
- Grundy County, IL: higher priced homes
- Guayama Municipio, PR: less expensive homes
- Guernsey County, OH: less expensive homes
- Habersham County, GA: equally priced homes
- Halifax County, NC: less expensive homes
- Hancock County, ME: higher priced homes
- Hancock County, MS: less expensive homes
- Hardin County, TX: less expensive homes
- Harrisonburg City, VA: higher priced homes
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