Home prices
The price of the median home in Monroe is $357,000. This is roughly $149,980 (29%) lower compared to its surrounding areas.In comparison to the entire country it is roughly $139,500 (64%) higher, and in comparison to the city of Seattle it is approximately $306,100 (46%) lower.
Rents
In Monroe the median monthly rent is $1,391. It is roughly $297 (17%) lower compared to nearby areas.In comparison to the US as a whole it is about $329 (30%) higher, and is approximately $223 (13%) lower compared to the city of Seattle.
Nearby places
Chain Lake
Chain Lake is Monroe's neighbor to the north. The housing prices there are somewhat more expensive. The median home in Chain Lake is valued at $512,200, which is $155,200 (30%) higher than Monroe. Its rents are somewhat more expensive. In Chain Lake the median monthly rent is $1,625, which is $234 (14%) higher than Monroe.
Woods Creek
Woods Creek is Monroe's neighbor to the east. The housing prices there are a little more expensive. Woods Creek's median home cost is $445,000, which is $88,000 (19%) higher than Monroe. The rent there is pretty similar. Woods Creek's median rent is $1,456 a month, which is $65 (4%) higher than Monroe.
Cathcart
Cathcart is roughly 4 miles west from Monroe. Real estate prices there are a little more expensive. The value of the median home in Cathcart is $516,300, which comes out to $159,300 (30%) higher than Monroe. Rents there are a bit more expensive. In Cathcart the median monthly rent is $1,789, which works out to $398 (22%) higher than Monroe.
Three Lakes
Three Lakes is about 4 miles north from Monroe. Housing prices there are a bit more expensive. The price of the median home in Three Lakes is $474,600, which works out to $117,600 (24%) higher than Monroe. Its rents are a little more expensive. The median rent in Three Lakes is $1,840 per month, which comes out to $449 (24%) higher than Monroe.
Maltby
Maltby is roughly 5 miles southwest of Monroe. The housing prices there are a lot more expensive. The median home value in Maltby is $586,800, which works out to $229,800 (39%) higher than Monroe. Its rents are somewhat more expensive. In Maltby the median rent is $1,731 a month, which comes out to $340 (19%) higher than Monroe.