Market Summary

Melrose, Monroe County, IA

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Median Home Price Price

$165,865 $165.9K

Median Monthly Rent Rent

$901 $901

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Monroe County

Region Price Rent GRM Display
$146,145 $879 14.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IA outside of Monroe County

Region Price Rent GRM Display
$212,558 $858 21.0x
$196,668 $965 17.0x
$214,918 $890 20.0x
$224,690 $1,031 18.0x
$166,220 $960 14.0x
$180,396 $896 17.0x
$189,470 $1,067 15.0x
$133,989 $703 16.0x
$143,276 $1,011 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IA

Region Price Rent GRM Display
$171,740 $980 15.0x
$152,424 $939 13.0x
$187,927 $830 19.0x
$157,503 $962 14.0x
$143,283 $763 15.0x
$192,839 $1,077 15.0x
$199,569 $881 19.0x
$224,069 $1,221 15.0x
$173,430 $993 15.0x
$67,343 $577 10.0x
$189,944 $880 18.0x
$293,510 $1,578 15.0x
$209,943 $990 17.0x
$169,986 $964 15.0x
$239,006 $867 23.0x
$205,960 $936 18.0x
$387,498 $1,577 20.0x
$224,790 $1,026 18.0x
$203,501 $729 23.0x
$136,169 $887 13.0x
$235,356 $1,124 17.0x
$270,696 $894 25.0x
$192,741 $990 16.0x
$177,163 $916 16.0x
$139,749 $1,282 9.0x
$225,040 $885 21.0x
$183,232 $925 16.0x

Home prices

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Monthly rent

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GRM

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Melrose

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Trend Insights

Median Rent in Melrose, IA is $901, with MoM change +$9 and YoY change +$72 pointing to positive momentum while volatility is low (std $18).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Melrose, IA.

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Metric
Base market Melrose, IA
Compare market Select a market
Delta vs base
Median rent
$901
N/A
Median price
$165,865
N/A
YoY change
+$72
N/A
Price-to-rent
15.3x
Data unavailable
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