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Monroe, IA
Full City Profile · Iowa · Jasper County County
3.3
/5.0
B
Good
2,074
Population
1,220/sq mi density
$81,488
Median Income
$37,076 per capita
$173,500
Home Value
$248,306 Zillow
$780
Median Rent
21.2% income on rent
50°F
Avg Temperature
275 sunny days/yr
296
Violent Crime/100K
1,719 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$81,488 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$173,500 home value, $780/mo rent
F
Safety
1.0 / 5.0
296 violent crimes/100K
C+
Education
2.6 / 5.0
19.4% bachelor's degree or higher
Housing Overview
Median Home Value
$173,500
38% below
US avg: $281,900
Median Rent
$780/mo
33% below
US avg: $1,163/mo
Homeownership Rate
75.7%
16% above US avg (65.4%)
Total Housing Units
857
Median year built: 1959
Home Value by Source
Census Median
$173,500
Zillow (ZHVI)
$248,306
Median Sale Price
$165,000
Median List Price
$275,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
75.7%
Owner-Occupied
24.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$682/mo
1 Bedroom
$700/mo
2 Bedroom
$919/mo
3 Bedroom
$1,222/mo
4 Bedroom
$1,227/mo
Census median rent:
$780/mo
Market Indicators (Redfin)
Median Days on Market
29 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
1
Price Drops
41.7%
of listings with price reduction
Price Per Sq Ft
$44
Active Inventory
12
homes for sale
Affordability & Housing Stock
Rent Burden
21.2%
of renters spending 30%+ of income on housing
32% below US avg (31.0%)
Median Year Built
1959
Average age of housing stock: 67 years
Homeownership Rate
75.7%
Complete Housing Data
Home Values
| Census Median Value | $173,500 |
| Zillow Home Value (ZHVI) | $248,306 |
| Median Sale Price | $165,000 |
| Median List Price | $275,000 |
| Price Per Sq Ft | $44 |
Rent
| Census Median Rent | $780 |
| FMR Studio | $682 |
| FMR 1-Bedroom | $700 |
| FMR 2-Bedroom | $919 |
| FMR 3-Bedroom | $1,222 |
| FMR 4-Bedroom | $1,227 |
Market
| Days on Market | 29 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 41.7% |
| Homes Sold | 1 |
| Active Inventory | 12 |
| Price Per Sq Ft | $44 |
Ownership & Stock
| Owner-Occupied | 75.7% |
| Renter-Occupied | 24.3% |
| Homeownership Rate | 75.7% |
| Total Housing Units | 857 |
| Median Year Built | 1959 |
| Rent Burden | 21.2% |