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States / Michigan / Monroe

Monroe, MI Housing

ACS 2020-2024

Median Home Value
$167,900 ± $3,752
Median Gross Rent
$909 ± $47/mo
Homeownership Rate
69.3%
Rent as Share of Income
18.2%
Price-to-Income Ratio
2.8×
Vacancy Rate
4.2%
Median Year Built
1953

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
13
Buildings
13
Single-Family Units
13
Multi-Family Units
0

Nearby Cities in Michigan

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

Monroe, MI Housing: Rent & Home Values | HomeDataUSA