Home prices
The price of the median home in Monroe is $110,800. Compared to its surrounding areas this is approximately $28,140 (34%) higher.It is approximately $106,700 (49%) lower compared to the rest of the nation, and in comparison to the city of Fort Wayne it is approximately $4,300 (3%) lower.
Rents
Monroe's median monthly rent is $744. In comparison to the surrounding areas it is about $125 (20%) higher.Compared to the rest of the country it is about $318 (29%) lower, and is approximately $20 (2%) lower in comparison to the city of Fort Wayne.
Nearby places
Decatur
Decatur is approximately 5 miles north of Monroe. Real estate prices there are a bit less expensive. The median home cost in Decatur is $97,700, which comes out to $13,100 (13%) lower than Monroe. Its rents are a bit less expensive. In Decatur the median rent is $619 a month, which comes out to $125 (20%) lower than Monroe.
Berne
Berne is approximately 5 miles south of Monroe. Housing prices there are a bit less expensive. Berne's median home price is $101,000, which works out to $9,800 (9%) lower than Monroe. Rents there are substantially less expensive. Berne's median rent is $530 a month, which comes out to $214 (40%) lower than Monroe.
Willshire
Willshire is approximately 6 miles east from Monroe. Real estate prices there are substantially less expensive. Willshire's median home value is $52,600, which works out to $58,200 (110%) lower than Monroe. Rent there is a bit less expensive. In Willshire the median rent is $700 a month, which is $44 (6%) lower than Monroe.
Vera Cruz
Vera Cruz is approximately 6 miles southwest from Monroe. Its real estate prices are a lot less expensive. The median home in Vera Cruz is valued at $75,000, which works out to $35,800 (47%) lower than Monroe. Its rents are somewhat less expensive. Vera Cruz's median rent is $606 per month, which is $138 (22%) lower than Monroe.
Geneva
Geneva is approximately 9 miles south of Monroe. The housing prices there are a bit less expensive. The median home in Geneva costs $87,000, which is $23,800 (27%) lower than Monroe. Rents there are a little less expensive. The median rent in Geneva is $640 a month, which is $104 (16%) lower than Monroe.
