Monroe, MI
Metro area in Michigan · Updated Jan 2026
12-Month Forecast ↑ +1.5%
Median Home Value
$254,089
↑ +6.2%
Year-over-year
Median Rent
$1,137/mo
↑ +2.5%
Year-over-year
Rental Yield
5.4%
Good for investors
5-Year Appreciation
+30.6%
Income Needed to Buy
$66,983
20% down, 30% DTI max
Active Listings
344
For-sale inventory
Price-to-Rent Ratio
18.6
Neutral market
Price Forecast
1 Month
↑ +0.7%
3 Months
↑ +1.4%
12 Months
↑ +1.5%