Housing in Monroe

A typical Monroe home is worth roughly $150,000

Typical home value

$150K

OH $249K

Estimate

2-bedroom rent

$1,140

a month, utilities in · HUD

Median tax bill

$1,369

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 further40% below the Ohio typical home.Older homesThe typical home was built around 1938.

★ What stands out · Affordability

A typical home costs 2 years of income

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

You could afford about

$284,000

Typical Monroe home $150K

That covers a typical Monroe home, with $134K to spare.

The typical home, each month

$900

Loan $740Tax $110Insurance $40

A two-bedroom rents for about $1,140 a month here, $240 more than owning.

Where your budget reaches nearby

Harrison$181K Butler$185K Jefferson$137K Washington$234K

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Monroe’s typical property tax (0.91% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

85% of Monroe households own their home

Half of Monroe’s homes were built before 1938.

Owners and renters

Own 85%Rent 15%

Ohio: 67% own.

1938

typical home built · OH 1970

$1,369

median property tax bill · OH $2,822

0.91%

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

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

Renting

A two-bedroom rents for about $1,140

Renters already here pay a median of $800, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$870

1 bedroom$880

2 bedrooms$1,140

3 bedrooms$1,530

4 bedrooms$1,660

15%

of households rent · OH 33%

122

renter households

14%

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

19%

of the median income, for a two-bedroom

$800

median rent paid today · Census

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

Next door

Monroe vs. its neighbors

Monroe is the 2nd least expensive of 5 neighboring towns. Tap one to see its housing page.

Washington$234K Butler$185K Harrison$181K Monroe$150K Jefferson$137K

Compare more

Town	Typical value	1-yr change	2-bed rent	Median income
Monroe	$150K*	—	$1,140	$73,478
Harrison	$181K*	+4.1%†	$1,040	$77,414
Butler	$185K*	—	$1,050	$93,508
Jefferson	$137K*	+0.4%†	$970	$64,125
Washington	$234K*	+2%†	$970	$84,861

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.