The median home in Monroe, North Carolina is valued at $345,584, up 0.4% year over year. Typical monthly rent is $1,975, producing a price-to-rent ratio of 14.6x — below the national average of 18x. Monroe is part of the Charlotte-Concord-Gastonia, NC-SC metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Charlotte-Concord-Gastonia, NC-SC stress score, crash risk, and 12-month forecast →

Home Value$345,584

+0.4%

Rent$1,975/mo

AFFORDABILITY

Enter your income for Monroe.

Income (annual)

Down Payment

$69,117 on $345,584

Stretch — 34.2% of income

Above 28% but manageable with cuts.

PITI$2,139

P/I34.2%

Afford$283K

Gap-$63K

P&I $1,747Tax $242Ins $150

Renting $164/mo cheaper ($1,975 rent)6.50% 30yr, 20% down, county tax + NC ins. 28% per HUD.

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

Other cities in North Carolina

Compare Monroe with other housing markets across North Carolina.

Wrightsville Beach$1644K Bald Head Island$1365K Cashiers$1341K Marvin$1225K Weddington$1041K Highlands$1015K Duck$978K Topsail Beach$927K

Full Charlotte-Concord-Gastonia, NC-SC analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Charlotte-Concord-Gastonia, NC-SC metro.

View Charlotte-Concord-Gastonia, NC-SC metro →

MONROE, NC