Median home value: $346K (+0.4% YoY). Rent: $1,975/mo. Price-to-rent: 14.6x. Part of Charlotte-Concord-Gastonia, NC-SC.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Charlotte-Concord-Gastonia, NC-SC metro page.
Home Value$345,584
+0.4%
Rent$1,975/mo
AFFORDABILITYRenting $74/mo cheaper ($1,975 rent)6.00% 30yr, 20% down, county tax + NC ins. 28% per HUD.
Enter your income for Monroe.
$69,117 on $345,584
Stretch — 32.8% of income
Above 28% but manageable with cuts.
PITI$2,049
P/I32.8%
Afford$295K
Gap-$50K
P&I $1,658Tax $242Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing