Market Summary

Monroe, Union County, NC

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Median Home Price Price

$343,668 $343.7K

Median Monthly Rent Rent

$1,357 $1.4K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Union County

Region Price Rent GRM Display
Wingate
$304,752 $1,349 19.0x
Hemby Bridge
$323,108 $1,272 21.0x
Unionville
$404,271 $1,274 26.0x

Home prices

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Monthly rent

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GRM

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Similar markets within NC outside of Union County

Region Price Rent GRM Display
Lincolnton, Lincoln County, NC
$282,551 $1,184 20.0x
Dallas, Gaston County, NC
$263,806 $1,052 21.0x
Winston-Salem, Forsyth County, NC
$254,183 $1,035 20.0x
Greensboro, Guilford County, NC
$255,918 $1,367 16.0x
Iron Station, Lincoln County, NC
$396,644 $1,372 24.0x
Cherryville, Gaston County, NC
$236,692 $1,193 17.0x
Mebane, Alamance County, NC
$345,858 $1,397 21.0x
Ranlo, Gaston County, NC
$259,171 $1,263 17.0x
Stanley, Gaston County, NC
$346,236 $1,328 22.0x
Huntersville, Mecklenburg County, NC
$535,671 $2,166 21.0x
Stem, Granville County, NC
$310,255 $1,296 20.0x
Gastonia, Gaston County, NC
$269,579 $1,407 16.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of NC

Region Price Rent GRM Display
Jefferson, Jackson County, GA
$407,893 $1,343 25.0x
Lakeside, Navajo County, AZ
$400,396 $1,407 24.0x
Waterford, Stanislaus County, CA
$418,426 $1,862 19.0x
Centralia, Lewis County, WA
$379,106 $1,335 24.0x
Pittsburgh, Allegheny County, PA
$228,610 $1,366 14.0x
Lafayette, Yamhill County, OR
$452,069 $1,385 27.0x
Roebuck, Spartanburg County, SC
$276,585 $1,107 21.0x
Spartanburg, Spartanburg County, SC
$223,596 $1,192 16.0x
Coopertown, Robertson County, TN
$458,525 $1,349 28.0x
Lacey, Thurston County, WA
$498,454 $2,038 20.0x
Adairsville, Bartow County, GA
$291,358 $1,328 18.0x
San Miguel, Monterey County, CA
$594,377 $2,320 21.0x
Saint Helen, Roscommon County, MI
$122,541 $963 11.0x
Hollywood Park, Bexar County, TX
$514,166 $1,412 30.0x
Madera, Madera County, CA
$405,274 $1,663 20.0x
Tallapoosa, Haralson County, GA
$206,637 $1,074 16.0x
Coachella, Riverside County, CA
$421,890 $1,349 26.0x
Reynoldsburg, Franklin County, OH
$286,286 $1,507 16.0x
Bakersfield, Kern County, CA
$389,731 $1,559 21.0x
Bremen, Haralson County, GA
$279,065 $1,131 21.0x
Canton, Cherokee County, GA
$507,388 $2,052 21.0x
Fayette, Fulton County, OH
$153,174 $955 13.0x
Smiths Creek, Saint Clair County, MI
$222,665 $1,343 14.0x
Ashland City, Cheatham County, TN
$337,497 $1,543 18.0x
Walled Lake, Oakland County, MI
$234,211 $2,034 10.0x
Sheridan, Polk County, OR
$394,348 $1,430 23.0x
Springfield, Robertson County, TN
$320,268 $1,355 20.0x
Muskegon, Muskegon County, MI
$174,937 $1,193 12.0x
Pleasant Hill, Polk County, IA
$294,693 $1,440 17.0x
Winton, Merced County, CA
$353,961 $1,371 21.0x
Reedley, Fresno County, CA
$375,317 $1,538 20.0x
Woodlawn, Montgomery County, TN
$303,986 $1,414 18.0x
Hot Springs Village, Garland County, AR
$294,775 $1,389 18.0x
Kelso, Cowlitz County, WA
$377,280 $1,486 21.0x
Aquilla, Geauga County, OH
$135,923 $1,314 9.0x
Mattawa, Grant County, WA
$436,488 $1,448 25.0x
Olympia, Thurston County, WA
$526,180 $1,980 22.0x

Home prices

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Monthly rent

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GRM

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Monroe

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Trend Insights

Median Rent in Monroe, NC is $1,357, with MoM change +$8 and YoY change +$42 pointing to positive momentum while volatility is low (std $9).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Monroe, NC.

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Metric
Base market Monroe, NC
Compare market Select a market
Delta vs base
Median rent
$1,357
N/A
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Median price
$343,668
N/A
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YoY change
+$42
N/A
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Price-to-rent
21.1x
Data unavailable
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