The median home in Monroe, Washington is valued at $711,926, down 0.4% year over year. Typical monthly rent is $2,497, producing a price-to-rent ratio of 23.8x — well above the national average of 18x. Monroe is part of the Seattle-Tacoma-Bellevue, WA metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Seattle-Tacoma-Bellevue, WA stress score, crash risk, and 12-month forecast →

Home Value$711,926

-0.4%

Rent$2,497/mo

AFFORDABILITY

Enter your income for Monroe.

Income (annual)

Down Payment

$142,385 on $711,926

Out of reach — 68.8% of income

Need $184,200/yr to afford.

PITI$4,298

P/I68.8%

Afford$290K

Gap-$422K

P&I $3,600Tax $581Ins $117

Renting $1,801/mo cheaper ($2,497 rent)6.50% 30yr, 20% down, county tax + WA ins. 28% per HUD.

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

Other cities in Washington

Compare Monroe with other housing markets across Washington.

Hunts Point$7980K Medina$4383K Yarrow Point$4207K Clyde Hill$4012K Beaux Arts Village$2758K Woodway$2301K Mercer Island$2243K Sammamish$1569K

Full Seattle-Tacoma-Bellevue, WA analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Seattle-Tacoma-Bellevue, WA metro.

View Seattle-Tacoma-Bellevue, WA metro →

MONROE, WA