Housing in Monroe

A typical Monroe home is worth roughly $88,000

Typical home value

$88K

OH $249K

Estimate

2-bedroom rent

$970

a month, utilities in · HUD

Median tax bill

$1,180

OH $2,822

What kind of housing town is Monroe?

Read from the numbers below. The page puts what stands out first.

Your money goes further65% below the Ohio typical home.

★ What stands out · Affordability

A typical home costs 2.1 years of income

Less than across Ohio (3.5 years). Try your own numbers below.

You could afford about

$158,000

Typical Monroe home $88K

That covers a typical Monroe home, with $70K to spare.

The typical home, each month

$560

Loan $430Tax $100Insurance $30

A two-bedroom rents for about $970 a month here, $410 more than owning.

Where your budget reaches nearby

Union$162K Pleasant$108K Trimble$85K Coal$59K Bearfield$193K Homer$189K Deerfield$134K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Monroe’s typical property tax (1.35% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $970

Renters already here pay a median of $844, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$790

1 bedroom$800

2 bedrooms$970

3 bedrooms$1,200

4 bedrooms$1,420

20%

of households rent · OH 33%

renter households

60%

of renters spend 30%+ of income on rent · OH 46%

27%

of the median income, for a two-bedroom

$844

median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Perry County, OH HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

80% of Monroe households own their home

Half of Monroe’s homes were built before 1985.

Owners and renters

Own 80%Rent 20%

Ohio: 67% own.

1985

typical home built · OH 1970

$1,180

median property tax bill · OH $2,822

1.35%

of a home’s value, a year in tax · OH 1.31%

of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024.

Next door

Monroe vs. its neighbors

Monroe is the 3rd least expensive of 8 neighboring towns. Tap one to see its housing page.

Bearfield$193K Homer$189K Union$162K Deerfield$134K Pleasant$108K Monroe$88K Trimble$85K Coal$59K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Monroe	$88K*	—	$970	$42,548
Union	$162K*	—	$1,050	$69,198
Pleasant	$108K*	—	$970	$67,273
Trimble	$85K*	—	$970	$58,063
Coal	$59K*	—	$990	$55,893
Bearfield	$193K*	—	$970	$106,071
Homer	$189K*	—	$1,000	$75,712
Deerfield	$134K*	—	$1,030	$65,655

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Monroe buyers, sellers and renters are saying.

Town Square →

Weigh in

Is Monroe still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.