Home prices
The median home value in Monroe is $156,700. Compared to the surrounding areas this is roughly $51,540 (24%) lower.Compared to the entire country it is about $60,800 (27%) lower, and it is about $255,300 (61%) lower compared to the city of Portland.
Rents
Monroe's median monthly rent is $748. Compared to the surrounding areas this is approximately $196 (20%) lower.Compared to the US as a whole it is roughly $314 (29%) lower, and compared to the city of Portland is about $500 (40%) lower.
Nearby places
Harrisburg
Harrisburg is about 6 miles southeast of Monroe. Its housing prices are somewhat more expensive. Harrisburg's median home price is $169,300, which is $12,600 (7%) higher than Monroe. Its rents are significantly more expensive. Harrisburg's median rent is $1,118 per month, which comes out to $370 (33%) higher than Monroe.
Junction City
Junction City is approximately 7 miles southeast of Monroe. The real estate prices there are substantially more expensive. The median home in Junction City costs $230,700, which works out to $74,000 (32%) higher than Monroe. Rents there are fairly similar. Junction City's median monthly rent is $769, which works out to $21 (2%) higher than Monroe.
Halsey
Halsey is about 8 miles northeast of Monroe. Its housing prices are somewhat more expensive. The median home in Halsey costs $188,500, which comes out to $31,800 (16%) higher than Monroe. Rents there are a little more expensive. Halsey's median monthly rent is $975, which works out to $227 (23%) higher than Monroe.
Brownsville
Brownsville is approximately 14 miles east of Monroe. Its real estate prices are a little more expensive. The median home in Brownsville is valued at $208,000, which is $51,300 (24%) higher than Monroe. Its rents are somewhat more expensive. The median monthly rent in Brownsville is $959, which comes out to $211 (22%) higher than Monroe.
Philomath
Philomath is approximately 14 miles north of Monroe. The real estate prices there are a lot more expensive. Philomath's median home price is $244,700, which is $88,000 (35%) higher than Monroe. Rent there is a bit more expensive. In Philomath the median monthly rent is $899, which works out to $151 (16%) higher than Monroe.