housing costs · Michigan
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 | $1,059 | ± $43 | evidence → |
| 2019–2023 | $1,017 | ± $38 | evidence → |
| 2018–2022 | $996 | ± $35 | evidence → |
| 2017–2021 | $901 | ± $30 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $228,900 | ± $4,750 | evidence → |
| 2019–2023 | $215,700 | ± $4,617 | evidence → |
| 2018–2022 | $202,200 | ± $4,618 | evidence → |
| 2017–2021 | $174,500 | ± $3,839 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.3 % | ± 1.9 % | evidence → |
| 2019–2023 | 31.6 % | ± 2.0 % | evidence → |
| 2018–2022 | 30.3 % | ± 1.9 % | evidence → |
| 2017–2021 | 30.1 % | ± 1.7 % | evidence → |
In context
Median rent in Monroe County is $1,059, above the Michigan median of $884 across 83 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.