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Monroe, WA
Full City Profile · Washington · King County County
3.1
/5.0
B
Good
19,696
Population
3,087/sq mi density
$107,556
Median Income
$38,883 per capita
$594,300
Home Value
$723,475 Zillow
$1,902
Median Rent
27.4% income on rent
50°F
Avg Temperature
237 sunny days/yr
295
Violent Crime/100K
2,848 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$107,556 median income, 2.6% unemployment
B+
Affordability
3.6 / 5.0
$594,300 home value, $1,902/mo rent
F
Safety
1.0 / 5.0
295 violent crimes/100K
B
Education
3.1 / 5.0
26.7% bachelor's degree or higher
Housing Overview
Median Home Value
$594,300
111% above
US avg: $281,900
Median Rent
$1,902/mo
64% above
US avg: $1,163/mo
Homeownership Rate
70.7%
8% above US avg (65.4%)
Total Housing Units
6,179
Median year built: 1996
Home Value by Source
Census Median
$594,300
Zillow (ZHVI)
$723,475
Median Sale Price
$879,375
Median List Price
$765,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.7%
Owner-Occupied
29.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$1,902/mo
· Zillow rent:
$2,386/mo
Market Indicators (Redfin)
Median Days on Market
16 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
20
Price Drops
36.4%
of listings with price reduction
Price Per Sq Ft
$344
Active Inventory
33
homes for sale
Affordability & Housing Stock
Rent Burden
27.4%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
70.7%
Complete Housing Data
Home Values
| Census Median Value | $594,300 |
| Zillow Home Value (ZHVI) | $723,475 |
| Median Sale Price | $879,375 |
| Median List Price | $765,000 |
| Price Per Sq Ft | $344 |
Rent
| Census Median Rent | $1,902 |
| Zillow Rent (ZORI) | $2,386 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 16 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 36.4% |
| Homes Sold | 20 |
| Active Inventory | 33 |
| Price Per Sq Ft | $344 |
Ownership & Stock
| Owner-Occupied | 70.7% |
| Renter-Occupied | 29.3% |
| Homeownership Rate | 70.7% |
| Total Housing Units | 6,179 |
| Median Year Built | 1996 |
| Rent Burden | 27.4% |