housing costs · Alabama
Housing costs in Monroe County
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $666 | ± $168 | evidence → |
| 2019–2023 | $721 | ± $77 | evidence → |
| 2018–2022 | $692 | ± $89 | evidence → |
| 2017–2021 | $617 | ± $103 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $120,600 | ± $10,788 | evidence → |
| 2019–2023 | $114,900 | ± $8,955 | evidence → |
| 2018–2022 | $109,300 | ± $8,684 | evidence → |
| 2017–2021 | $103,700 | ± $9,029 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.4 % | ± 4.2 % | evidence → |
| 2019–2023 | 28.0 % | ± 5.1 % | evidence → |
| 2018–2022 | 29.4 % | ± 6.2 % | evidence → |
| 2017–2021 | 28.5 % | ± 4.4 % | evidence → |
In context
Median rent in Monroe County is $666, below the Alabama median of $776 across 67 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.