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Monroe Center, IL

Full City Profile · Illinois · Boone County County

3.4 /5.0
B Good
415 Population 343/sq mi density
$91,563 Median Income $42,735 per capita
$148,000 Home Value $241,228 Zillow
$878 Median Rent 23.3% income on rent
48°F Avg Temperature 260 sunny days/yr
58 Violent Crime/100K 463 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$91,563 median income, 2.9% unemployment
A+
Affordability
5.0 / 5.0
$148,000 home value, $878/mo rent
F
Safety
1.0 / 5.0
58 violent crimes/100K
B
Education
3.0 / 5.0
25.3% bachelor's degree or higher

Housing Overview

Median Home Value
$148,000
47% below
US avg: $281,900
Median Rent
$878/mo
25% below
US avg: $1,163/mo
Homeownership Rate
82.8%
27% above US avg (65.4%)
Total Housing Units
183
Median year built: 1959

Home Value by Source

Census Median
$148,000
Zillow (ZHVI)
$241,228
Median Sale Price
$211,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

82.8%
Owner-Occupied
17.2%
Renter-Occupied
83%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $878/mo

Market Indicators (Redfin)

Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$132

Affordability & Housing Stock

Rent Burden
23.3%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
82.8%

Complete Housing Data

Home Values

Census Median Value$148,000
Zillow Home Value (ZHVI)$241,228
Median Sale Price$211,500
Price Per Sq Ft$132

Rent

Census Median Rent$878
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market42
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold2
Price Per Sq Ft$132

Ownership & Stock

Owner-Occupied82.8%
Renter-Occupied17.2%
Homeownership Rate82.8%
Total Housing Units183
Median Year Built1959
Rent Burden23.3%