Home prices
The median home value in Monroe is $126,100. Compared to its nearby areas this is about $25,880 (25%) higher.In comparison to the country as a whole it is approximately $91,400 (42%) lower, and it is roughly $120,200 (48%) lower in comparison to the city of Madison.
Rents
Monroe's median monthly rent is $752. Compared to its surrounding areas this is roughly $104 (16%) higher.Compared to the country as a whole it is approximately $310 (29%) lower, and it is roughly $366 (32%) lower compared to the city of Madison.
Nearby places
Juda
Juda is roughly 5 miles east of Monroe. The real estate prices there are a bit less expensive. The median home price in Juda is $102,800, which is $23,300 (22%) lower than Monroe. Rent there is a little less expensive. In Juda the median rent is $608 a month, which works out to $144 (23%) lower than Monroe.
Browntown
Browntown is roughly 6 miles west of Monroe. The housing prices there are significantly less expensive. Browntown's median home price is $89,500, which comes out to $36,600 (40%) lower than Monroe. The rent there is a little more expensive. In Browntown the median rent is $850 a month, which is $98 (11%) higher than Monroe.
Orangeville
Orangeville is about 8 miles south of Monroe. The real estate prices there are a little less expensive. The median home value in Orangeville is $99,500, which is $26,600 (26%) lower than Monroe. Rent there is a lot less expensive. Orangeville's median monthly rent is $499, which comes out to $253 (50%) lower than Monroe.
Monticello
Monticello is roughly 9 miles north from Monroe. The housing prices there are a bit more expensive. The value of the median home in Monticello is $136,800, which comes out to $10,700 (7%) higher than Monroe. Its rents are somewhat less expensive. The median monthly rent in Monticello is $671, which comes out to $81 (12%) lower than Monroe.
Winslow
Winslow is roughly 9 miles southwest of Monroe. The real estate prices there are significantly less expensive. The median home cost in Winslow is $72,500, which comes out to $53,600 (73%) lower than Monroe. The rent there is a little less expensive. Winslow's median monthly rent is $613, which comes out to $139 (22%) lower than Monroe.