The median home in Monroe, Michigan is valued at $209,708, up 6.8% year over year. Typical monthly rent is $1,110, producing a price-to-rent ratio of 15.7x — near the national average of 18x. Monroe is part of the Monroe, MI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$209,708

+6.8%

Rent$1,110/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Monroe.

Income (annual)

Down Payment

$41,942 on $209,708

Example: $75,000 household income. Change it above to see your own.

Affordable23.4% of income

Under the 28% guideline.

PITI$1,463

P/I23.4%

Afford$251K

Room+$41K

P&I $1,060Tax $269Ins $133

Renting $353/mo cheaper ($1,110 rent)6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Michigan

Compare Monroe with other housing markets across Michigan.

Lake Angelus$1.66M Leland$1.1M Orchard Lake$914K Franklin$845K Lake Leelanau$832K Kewadin$811K Lakeside$800K Northport$758K

Full Monroe, MI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Monroe, MI metro.

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