Monroe, Jasper County, IA

Median Home Price Price

$241,427 $241.4K

Median Monthly Rent Rent

$969 $969

21.0x

Market Snapshot

Monroe, Jasper County, IA is a city market with a median home price of $241,427, a median monthly rent of $969, a GRM of 21.0x, and a price-to-rent ratio of 20.8.

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Newton
$189K $1.0K 16.0x
Prairie City
$251K $948 22.0x

Home prices

Monthly rent

GRM = home price / annual rent

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Lisbon, Cedar County, IA Explore deeper
$287K $1.0K 23.0x
Johnston, Polk County, IA
$388K $1.6K 21.0x
Indianola, Warren County, IA
$296K $1.2K 21.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
New Haven, Mason County, WV
$124K $715 14.0x
Monrovia, Morgan County, IN
$296K $979 25.0x
Mount Holly, Gaston County, NC
$350K $1.4K 20.0x

Home prices

Monthly rent

GRM = home price / annual rent

Monroe

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Benchmark comparison

Compare Monroe, IA to another market.

Compare to Newton, IA
Monroe, IA
Newton, IA
Delta
Median rent
$969
N/A
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Median price
$241,427
N/A
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YoY change
+$56
N/A
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Price-to-rent
20.8x
Data unavailable
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Key takeaways

  • Monroe, Jasper County, IA has a higher-grm screening profile: At 21.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $56 year over year.
  • Next discovery step: compare Newton, Jasper County, IA from the Same county set.