A+
33%
Med. Home Val. NAT. AVG.
28%
Rent NAT. AVG.
24%
Owner Occ. NAT. AVG.

Monroe Housing Information

IndexMonroeIowaNational
Median home price$219,832$240,019$326,622
Median rent asked$1,040$1,071$1,444
Avg. people per household2.22.42.6
Owner occupied households79.0%71.1%63.6%
Renter occupied households21.0%28.9%36.4%

Monroe Housing Market

Monthly market trends

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Housing Quick Facts

  • The median home price in Monroe is 33% lower than the national average.
  • The median rent asked in Monroe is 28% lower than the national average.
  • The average number of people per household in Monroe is 15% lower than the national average.
  • The number of owner occupied households in Monroe is 24% higher than the national average.
  • The number of renter occupied households in Monroe is 42% lower than the national average.

Most Affordable Places to Live in and Around Monroe

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Compare Monroe, IA Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Harvey, IA184$84,98274%
      Valeria, IA42$132,39659%
      Kellogg, IA666$132,66059%
      Swan, IA47$133,55459%
      Reasnor, IA102$151,22954%
      Monroe, IA1,848$219,83233%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Ronan, MT1,848$255,06622%
      Delaware City, DE1,848$333,3992%
      Montpelier, IN1,849$99,26970%
      Louisa, VA1,847$357,70910%
      Lake Dalecarlia, IN1,847$429,79532%
      Monroe, IA1,848$219,83233%
      Source: The Monroe, IA housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.