Monroe, UT housing market
The typical Monroe home is worth about $397,000, up 4.5% in a year, 26% below the Utah typical home.
Home values, sales, trends and how Monroe compares with the towns next door — updated as new data is published.
Monroe at a glance
Typical home value, 2016–2026
Show as a table
| January | Monroe | Utah |
|---|---|---|
| 2017 | $176,000 | $274,000 |
| 2018 | $185,000 | $300,000 |
| 2019 | $204,000 | $327,000 |
| 2020 | $227,000 | $350,000 |
| 2021 | $264,000 | $401,000 |
| 2022 | $344,000 | $499,000 |
| 2023 | $365,000 | $514,000 |
| 2024 | $364,000 | $516,000 |
| 2025 | $378,000 | $528,000 |
| 2026 | $404,000 | $538,000 |
| August 2026 | $397,000 | $535,000 |
6 years of income
The typical Monroe home costs about 6 years of the town's median household income, more than across Utah (5.6 years).
How Monroe ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
A two-bedroom rents for about $1,110
HUD's Fair Market Rent for a two-bedroom in Monroe is $1,110 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Monroe pay a median of $1,044. A two-bedroom takes about 20% of the town's median household income.
Studio $760 · 4 bedrooms $1,580
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (84754; Sevier County, UT), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Recent listings in Monroe
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. 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.