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Monroe, OR

Full City Profile · Oregon · Benton County County

3.1 /5.0
B Good
897 Population 1,725/sq mi density
$66,875 Median Income $24,120 per capita
$292,700 Home Value $551,175 Zillow
$1,125 Median Rent 37.5% income on rent
52°F Avg Temperature 251 sunny days/yr
17 Violent Crime/100K 735 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$66,875 median income, 4.3% unemployment
A
Affordability
4.2 / 5.0
$292,700 home value, $1,125/mo rent
F
Safety
1.0 / 5.0
17 violent crimes/100K
B
Education
3.2 / 5.0
26.9% bachelor's degree or higher

Housing Overview

Median Home Value
$292,700
4% above
US avg: $281,900
Median Rent
$1,125/mo
3% below
US avg: $1,163/mo
Homeownership Rate
64.5%
1% below US avg (65.4%)
Total Housing Units
307
Median year built: 1978

Home Value by Source

Census Median
$292,700
Zillow (ZHVI)
$551,175
Median Sale Price
$584,000
Median List Price
$509,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

64.5%
Owner-Occupied
35.5%
Renter-Occupied
65%
36%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,051/mo
1 Bedroom
$1,143/mo
2 Bedroom
$1,425/mo
3 Bedroom
$1,963/mo
4 Bedroom
$2,318/mo
Census median rent: $1,125/mo

Market Indicators (Redfin)

Median Days on Market
169 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$226
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
37.5%
of renters spending 30%+ of income on housing
21% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
64.5%

Complete Housing Data

Home Values

Census Median Value$292,700
Zillow Home Value (ZHVI)$551,175
Median Sale Price$584,000
Median List Price$509,900
Price Per Sq Ft$226

Rent

Census Median Rent$1,125
FMR Studio$1,051
FMR 1-Bedroom$1,143
FMR 2-Bedroom$1,425
FMR 3-Bedroom$1,963
FMR 4-Bedroom$2,318

Market

Days on Market169
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold1
Active Inventory3
Price Per Sq Ft$226

Ownership & Stock

Owner-Occupied64.5%
Renter-Occupied35.5%
Homeownership Rate64.5%
Total Housing Units307
Median Year Built1978
Rent Burden37.5%