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Housing in Monroe

A typical Monroe home is worth roughly $210,000

Typical home value
$210K
WI $340K
Estimate
2-bedroom rent
$990
a month, utilities in · HUD
Median tax bill
$2,489
WI $3,792

What kind of housing town is Monroe?

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

★ What stands out · The homes

91% of Monroe households own their home

Half of Monroe’s homes were built before 1992.

Owners and renters
Own 91%Rent 9%

Wisconsin: 68% own.

1992
typical home built · WI 1975
$2,489
median property tax bill · WI $3,792
60%
of homes are seasonal or vacation homes

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Affordability

What it takes to buy in Monroe

Try your own numbers below.

You could afford about
$279,000
Typical Monroe home $210K

That covers a typical Monroe home, with $69K to spare.

The typical home, each month
$1,350
Loan $1,040Tax $250Insurance $60

A two-bedroom rents for about $990 a month here, $360 less than owning.

How Monroe ranks on affordability →

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Wisconsin typical property tax (1.42% 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 $990

Renters already here pay a median of $850, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$780
1 bedroom$830
2 bedrooms$990
3 bedrooms$1,260
4 bedrooms$1,310
9%
of households rent · WI 32%
18
renter households
$850
median rent paid today · Census

How Monroe ranks on rent that’s easy to afford →

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Adams County, WI): 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 3rd least expensive of 5 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Monroe$210K*—$990—$50,833
Armenia$188K*−2.1%†$97015$66,176
Big Flats$100K*—$990—$48,036
Strongs Prairie$216K*—$1,00016$65,500
Rome$294K*+8.3%†$97049$79,728

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.

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