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Monroe County, MI Home Values and Rents
The typical home value in Monroe County is $270,412, 18th highest of 83 counties in Michigan. Median rent is $1,277 a month.
- Typical home value
- $270,412
- 18th of 83 in MI
- Median rent
- $1,277/mo
- Zillow observed rent
- Price change, 1 year
- +6.1%
- Sep 2026
- Homeownership
- 81.7%
- MI: 73.2%
Home sale prices in the Monroe, MI area
Zillow median sale price, Sep 2026
$269,520+2.3% from a year earlier
Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.
Typical home value in Monroe County
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Monroe County |
|---|---|
| Sep 2026 | $270,412 |
| Dec 2025 | $260,815 |
| Dec 2024 | $246,771 |
| Dec 2023 | $238,605 |
| Dec 2022 | $226,615 |
| Dec 2021 | $212,473 |
| Dec 2020 | $198,973 |
| Dec 2019 | $182,455 |
| Dec 2018 | $176,389 |
| Dec 2017 | $167,355 |
| Dec 2016 | $160,024 |
| Dec 2015 | $154,842 |
| Dec 2014 | $143,371 |
| Dec 2013 | $131,480 |
| Dec 2012 | $120,009 |
Over five years, Monroe County prices changed +27.5%.
Source: Zillow Research · Last updated 09/01/2026
Housing at a glance
American Community Survey 2020-2024 5-year estimates, compared with Michigan
- Median home value
- $228,900 · MI $231,600
- Median gross rent
- $1,059/mo · MI $1,129
- Home value to income
- 3.0 times the median household income ($77,335)
- Rent to income
- A year of median rent equals 16% of median household income
- Owner-occupied
- 81.7% of 63,029 households
- Housing units
- 66,594
- Vacancy rate
- 5.4%
- Median year built
- 1974
Fair Market Rents, FY2027
HUD rent standard for Monroe, MI MSA
| Unit size | Monthly rent |
|---|---|
| Studio | $908 |
| 1 bedroom | $997 |
| 2 bedrooms | $1,304 |
| 3 bedrooms | $1,595 |
| 4 bedrooms | $2,153 |
Home values by city in Monroe County
Median home value (ACS 2020-2024), places with 500+ residents
Swipe the table sideways to see more columns.
| # | City or town | Population | Median value | Median rent |
|---|---|---|---|---|
| 1 | Ida | 1,050 | $284,200 | - |
| 2 | Dundee | 5,744 | $257,300 | $1,242 |
| 3 | Lambertville | 9,955 | $256,400 | $1,248 |
| 4 | Maybee | 634 | $251,000 | $943 |
| 5 | Temperance | 8,914 | $250,100 | $1,321 |
| 6 | South Rockwood | 1,924 | $226,500 | $1,350 |
| 7 | Stony Point | 1,825 | $215,900 | $985 |
| 8 | Petersburg | 1,179 | $215,500 | $1,012 |
| 9 | Carleton | 2,595 | $207,400 | $944 |
| 10 | Luna Pier | 1,244 | $188,800 | $395 |
| 11 | South Monroe | 6,960 | $184,000 | $987 |
| 12 | Woodland Beach | 1,919 | $183,700 | - |
| 13 | Detroit Beach | 2,771 | $170,100 | - |
| 14 | Monroe | 20,320 | $167,900 | $909 |
| 15 | West Monroe | 2,711 | $109,200 | $850 |
Home values by ZIP code
Median home value and rent (ACS 2020-2024); price changes from the FHFA annual ZIP index
Swipe the table sideways to see more columns.
| # | ZIP code | Median value | Median rent | 1-year | 5-year |
|---|---|---|---|---|---|
| 1 | 48117 | $298,100 | $1,120 | +4.6% | +47.0% |
| 2 | 49270 | $297,600 | $918 | +20.2% | +51.6% |
| 3 | 48140 | $288,400 | $979 | +9.9% | +51.1% |
| 4 | 48131 | $274,200 | $1,243 | +11.4% | +51.5% |
| 5 | 48144 | $270,000 | $1,141 | +4.0% | +40.3% |
| 6 | 49267 | $267,900 | $866 | +8.8% | +47.2% |
| 7 | 48160 | $265,300 | $1,177 | +2.9% | +41.1% |
| 8 | 48182 | $254,400 | $1,328 | +4.6% | +43.8% |
| 9 | 48166 | $234,800 | $1,202 | +9.7% | +49.7% |
| 10 | 48159 | $234,600 | $1,040 | +5.7% | +47.8% |
| 11 | 48179 | $232,800 | $1,350 | +6.1% | +43.0% |
| 12 | 48145 | $231,100 | $1,032 | +2.5% | +48.9% |
| 13 | 48177 | $210,300 | - | - | - |
| 14 | 49238 | $208,200 | $1,094 | +27.9% | +53.2% |
| 15 | 48162 | $200,200 | $925 | +6.8% | +46.9% |
| 16 | 48157 | $188,800 | $395 | - | +40.6% |
| 17 | 48133 | $184,400 | $988 | +9.0% | +46.2% |
| 18 | 48161 | $176,200 | $975 | +3.9% | +42.4% |
Frequently asked questions
- What is the typical home value in Monroe County, MI?
- The typical home value in Monroe County is $270,412 (Zillow Home Value Index, Sep 2026). The Michigan median is $231,600.
- How much is rent in Monroe County?
- The median rent in Monroe County is $1,277 a month (Zillow Observed Rent Index). HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,304.
- Are home prices going up in Monroe County?
- The typical home value in Monroe County changed +6.1% over one year and +27.5% over five years, as of Sep 2026.
- How does Monroe County compare with the rest of Michigan?
- Monroe County has the 18th highest median home value of 83 counties in Michigan.
- Which ZIP code in Monroe County has the highest home values?
- ZIP code 48117 has the highest median home value at $298,100, and 48161 has the lowest at $176,200.