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South Monroe, MI

Full City Profile · Michigan · Monroe County County

3.0 /5.0
B Good
6,771 Population 2,786/sq mi density
$59,674 Median Income $35,705 per capita
$176,900 Home Value $217,214 Zillow
$935 Median Rent 41.6% income on rent
50°F Avg Temperature 282 sunny days/yr
287 Violent Crime/100K 1,865 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$59,674 median income, 4.2% unemployment
A+
Affordability
5.0 / 5.0
$176,900 home value, $935/mo rent
F
Safety
1.0 / 5.0
287 violent crimes/100K
C
Education
2.3 / 5.0
16.5% bachelor's degree or higher

Housing Overview

Median Home Value
$176,900
37% below
US avg: $281,900
Median Rent
$935/mo
20% below
US avg: $1,163/mo
Homeownership Rate
69.2%
6% above US avg (65.4%)
Total Housing Units
2,982
Median year built: 1977

Home Value by Source

Census Median
$176,900
Zillow (ZHVI)
$217,214
Median Sale Price
$270,000
Median List Price
$244,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.2%
Owner-Occupied
30.8%
Renter-Occupied
69%
31%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$807/mo
1 Bedroom
$891/mo
2 Bedroom
$1,113/mo
3 Bedroom
$1,419/mo
4 Bedroom
$1,588/mo
Census median rent: $935/mo

Market Indicators (Redfin)

Median Days on Market
171 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
2
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$101
Active Inventory
10
homes for sale

Affordability & Housing Stock

Rent Burden
41.6%
of renters spending 30%+ of income on housing
34% above US avg (31.0%)
Median Year Built
1977
Average age of housing stock: 49 years
Homeownership Rate
69.2%

Complete Housing Data

Home Values

Census Median Value$176,900
Zillow Home Value (ZHVI)$217,214
Median Sale Price$270,000
Median List Price$244,900
Price Per Sq Ft$101

Rent

Census Median Rent$935
FMR Studio$807
FMR 1-Bedroom$891
FMR 2-Bedroom$1,113
FMR 3-Bedroom$1,419
FMR 4-Bedroom$1,588

Market

Days on Market171
Sale-to-List Ratio0.9%
Price Drops0.0%
Homes Sold2
Active Inventory10
Price Per Sq Ft$101

Ownership & Stock

Owner-Occupied69.2%
Renter-Occupied30.8%
Homeownership Rate69.2%
Total Housing Units2,982
Median Year Built1977
Rent Burden41.6%