In Monroe, a typical home is worth $195,300 and typical rent is $862 a month. Compared with all of Green County, the typical home value is 22% lower, typical household income is 16% lower, and the share of households that own their home is 13 points lower.
Typical home value from Zillow, September 2021 to September 2026: from $221,183 to $280,629.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Monroe is in Green County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Green County. See the county
What this place has that others do not, from public data, most unusual first.
1
63% of households in Monroe own their home, against 76% in Green County.
2
The typical home in Monroe is worth $195,300,22% less than in Green County as a whole ($250,200).
3
The typical household income in Monroe is $69,334,16% less than in Green County as a whole ($82,852).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Monroe
What homes there are in Monroe, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Monroe
Green County
Wisconsin
United States
Kind of home: Monroe and its comparisons
Measure
Monroe
Green County
Wisconsin
United States
Detached house
62%
77%
66%
61%
Attached house
4%
3%
4%
6%
Building of 2 to 4
10%
7%
9%
8%
Apartments (5 or more)
18%
9%
17%
19%
Mobile home
6%
4%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
The detached house is still the most common home in Monroe, but it weighs less than in Green County: 62% against 77%.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Monroe
Green County
Wisconsin
United States
Year built: Monroe and its comparisons
Measure
Monroe
Green County
Wisconsin
United States
Before 1960
42%
39%
33%
26%
1960–1979
33%
23%
24%
24%
1980–1999
17%
20%
22%
25%
2000–2009
5%
13%
13%
14%
2010 or later
Unreliable estimate
6%
9%
11%
Homes in Monroe are older: the typical year built is 1966; in Green County, 1972.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K12%
$100K–$200K41%
$200K–$300K33%
$300K–$500K12%
$500K–$750KUnreliable
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Monroe and its comparisons
Measure
Monroe
Under $100K
12%
$100K–$200K
41%
$200K–$300K
33%
$300K–$500K
12%
$500K–$750K
Unreliable estimate
$750K–$1M
Unreliable
$1M or more
Unreliable estimate
At least 98% of owner-occupied homes in Monroe are worth less than $500,000, below the FHA loan limit for Green County ($541,287).
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$99956%
$1,000–$1,49927%
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Monroe and its comparisons
Measure
Monroe
Under $500
Unreliable estimate
$500–$999
56%
$1,000–$1,499
27%
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable
$3,000 or more
Unreliable
With a mortgage
$1,352 a month
Green County: $1,690 a month
Without a mortgage
$607 a month
Green County: $663 a month
Owners with a mortgage
58%
Green County: 62%
The typical cost for an owner with a mortgage in Monroe is $1,352 a month, less than in Green County ($1,690); without one, $607.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Monroe+55%
Green County+46%
Wisconsin+48%
United States+53%
Typical rent
Monroe+15%
Green County+15%
Wisconsin+27%
United States+33%
Typical household income
Monroe+37%
Green County+28%
Wisconsin+26%
United States+29%
Change since 2015–2019: Monroe and its comparisons
Measure
Monroe
Green County
Wisconsin
United States
Typical home value
+55%
+46%
+48%
+53%
Typical rent
+15%
+15%
+27%
+33%
Typical household income
+37%
+28%
+26%
+29%
From 2015–2019 to 2020–2024, the typical home value in Monroe rose 55%; in Green County, it rose 46%.
Rents in Monroe rose at about the same pace as in Green County: 15% since 2015–2019, against 15%.
The typical household income in Monroe rose 37% over that time; home values changed +55% and rent +15%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Monroe and its comparisons
Measure
Monroe
Green County
Wisconsin
United States
Rental vacancy
Unreliable estimate
Unreliable estimate
4.5%
5.5%
Homeowner vacancy
Unreliable estimate
Unreliable estimate
0.5%
0.9%
More than one person per room
Unreliable estimate
2.1%
1.7%
3.4%
People per household
2.02
2.32
2.33
2.53
Drive alone
79%
79%
74%
69%
Carpool
7%
6%
7%
9%
Public transit
Unreliable estimate
Unreliable estimate
1%
3%
Walk or bike
Unreliable estimate
2%
3%
3%
Work from home
12%
12%
13%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
Unreliable estimate
10 to 19 minutes
20 to 29 minutes
Households in Monroe are smaller: 2.02 people on average; in Green County, 2.32.
To get to work, 79% of workers in Monroe drive alone; in Green County, 79%.
Do the math
What would you pay each month for a home in Monroe?
A typical home is tight for the typical income
We start with a typical home in Monroe, worth $195,300, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Monroe, which is $69,334 a year. For that payment to be 28% of income, a household would need to earn about $75,698 a year.
The calculator's FHA and conventional loan limits are those of all of Green County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Monroe. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $6,836 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,766
at 7.18% · 30 years
Loan amount
$191,762
Total interest
$275,901
Paid off in
November 2056
Includes $3,298 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,618 a month
Tight
$1,618 to $2,080 a month
Your payment · 31%
Hard
more than $2,080 a month
Compared with the typical household income in Monroe ($69,334 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,299
Property tax
$300
Home insurance
$81
FHA mortgage insurance (MIP)
$86
You need at least $6,836 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,766; principal and interest $1,299.
The city and its county
Monroe and Green County
Monroe is in Green County, Wisconsin. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Monroe
Map of Green County, Wisconsin, with Monroe marked. Around it, the neighboring counties.
Monroe
Green County
Other cities with a page
Monroe's own numbers
Typical home value
$195,300
Typical monthly rent
$862
Typical yearly household income
$69,334
Households that own their home
63%
Effective property tax rate
1.84%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Green County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,016
Price change over 5 years (FHFA)
+60%
Homes in a high flood-risk zone
1.7%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Green County.
A typical home in Monroe is worth $195,300: 22% below the county and 27% below Wisconsin. With the typical household income in Monroe ($69,334 a year), a typical home costs 2.8 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Monroe2.8 years
Green3.0 years
Wisconsin3.4 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Green County
According to FHFA’s house price index, home prices in Green County rose 97% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Green County.
Yearly change in FHFA’s price index in Green County, 2016 to 2025
2016: +3.5% +3.5% 2016
2017: +5.4% +5.4% 2017
2018: +5.1% +5.1% 2018
2019: +5.6% +5.6% 2019
2020: +2.1% +2.1% 2020
2021: +9.9% +9.9% 2021
2022: +18.0% +18.0% 2022
2023: +9.7% +9.7% 2023
2024: +6.8% +6.8% 2024
2025: +5.2% +5.2% 2025
Change in FHFA’s price index in Green County, Wisconsin and the United States
Period
County
Wisconsin
U.S.
Last year (2025)
+5.2%
+5.4%
+2.9%
5 years (2020–2025)
+60%
+57%
+47%
10 years (2015–2025)
+97%
+96%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Monroe next to Green County, Wisconsin and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Monroe$195,300
Green$250,200
Wisconsin$266,500
United States$332,700
Typical monthly rent
Monroe$862
Green$867
Wisconsin$1,087
United States$1,413
Typical yearly household income
Monroe$69,334
Green$82,852
Wisconsin$77,485
United States$80,734
See the full table
Monroe next to Green County and Wisconsin
Measure
Monroe
Green County
Wisconsin
U.S.
Typical home value
$195,300 ▼22% below the county
$250,200
$266,500
$332,700
Typical monthly rent
$862
$867
$1,087
$1,413
Typical yearly household income
$69,334 ▼16% below the county
$82,852
$77,485
$80,734
Households that own their home
63% ▼13 points below the county
76%
68%
65%
Typical yearly property tax
$3,591 ▼10% below the county
$4,003
$3,792
$3,119
Effective property tax rate
1.84% ▲0.24 points above the county
1.6%
1.42%
0.94%
Renters with high rent for their income
33%
33%
44%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Green County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Monroe
For a typical $195,300 home in Monroe, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Monroe's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,766a month
Least cash to close
Down payment
$6,836
Cash to close
$12,695
Rate
7.18%
Mortgage insurance
FHA MIP · $86
Conventional, 5% down$1,730a month
Down payment
$9,765
Cash to close
$15,624
Rate
7.18%
Mortgage insurance
PMI · $93
Conventional, 20% down, no PMI$1,439a month
Down payment
$39,060
Cash to close
$44,919
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,620a month
Down payment
$29,295
Cash to close
$35,154
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Monroe
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,766
$6,836
$191,763
7.18%
FHA MIP · $86
$12,695
580
Conventional, 5% down
$1,730
$9,765
$185,535
7.18%
PMI · $93
$15,624
620*
Conventional, 20% down, no PMI
$1,439
$39,060
$156,240
7.18%
None
$44,919
620*
ITIN, 15% down (example)
$1,620
$29,295
$166,005
8.18%
None
$35,154
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Monroe is $862 a month: about the same as the county. In Monroe, 33% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Green County, by unit size. To pay the 2-bedroom one ($1,016 a month) without spending more than 30% of your income, you would need to earn $19.54 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Green County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$798
$15.35
$31,920
1 bedroom
$806
$15.50
$32,240
2 bedrooms
$1,016
$19.54
$40,640
3 bedrooms
$1,211
$23.29
$48,440
4 bedrooms
$1,335
$25.67
$53,400
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Monroe
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Monroe is in ZIP code 53566.
For 2 bedrooms it is $1,010: $6 less than the fair market rent for Green County ($1,016).
Fair market rent by ZIP code and size in Monroe, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
53566
$800
$800
$1,010
$1,210
$1,340
ZIP code2 bd3 bd
53566 $1,010$1,210
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Monroe when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 4 buildings with rents for lower incomes in Monroe. These are the largest.
Statewide Scattered201 N 14th Street, Monroe 53566193 low-income homes · For families
Churchill Woods800 13th Ave, Monroe 5356686 homes, 85 low-income · Run by Monroe Housing Authority · Average payment: $419 a month · Average wait: 2 months(608) 325-2949
Brook View Apts812 6th St, Monroe 5356624 low-income homes · 2 bd: 12 · 3 bd: 11 · In service since 1996
Twining Valley Apts757 8th Ave, Monroe 5356624 low-income homes · 1 bd: 12 · 2 bd: 12 · In service since 1997
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
We found no HUD-approved agencies with an office in Green County. The nearest ones are below; many serve by phone or online.
No down payment, repair or rent-help program on our list is for Monroe or Green County. The ones below are statewide in Wisconsin: they work in Monroe the same as in the rest of the state.
Wisconsin state agency second mortgage for the down payment: up to 6% of the price, over 10 years with a monthly payment and the same rate as the WHEDA first mortgage.Offered by Wisconsin Housing and Economic Development Authority (WHEDA).
$7,500 loan from the Wisconsin state agency for the down payment and closing costs, over 30 years, at 0% and with no monthly payments, alongside a WHEDA mortgage; limited funds, first come, first served.Offered by Wisconsin Housing and Economic Development Authority (WHEDA).
No legal help resource on our list is for Monroe or Green County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Monroe and all of Green County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Monroe?
The typical home value in Monroe is $195,300, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Green County it is $250,200.
How much does it cost to rent in Monroe?
Typical rent in Monroe is $862 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Green County is $1,016.
What is the FHA loan limit in Monroe?
Monroe uses the FHA limit for all of Green County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Monroe?
The typical homeowner in Monroe pays $3,591 a year, according to the U.S. Census Bureau. That is 1.84% of the home’s value; in Green County, the rate is 1.6%.
Where can I find free help to buy or rent in Monroe?
We found no HUD-approved counseling agencies with an office in Green County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.
