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Monroe, MI

(Monroe, MI)
Diverse economy, strong healthcare and education sectors, affordable housing, historic properties, strategic location.
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Key Stats

Median Rental Income
$238,388
Median Home Price
Rent to Price Ratio
Affordability

About

Monroe, Michigan, located along the western shore of Lake Erie, offers a stable real estate market driven by its diverse economy and strategic location. The city's economy is supported by sectors such as healthcare, education, and manufacturing, with major employers including ProMedica Monroe Regional Hospital. Monroe's real estate market features affordable housing options, historic properties, and opportunities for commercial investment. The city's strategic location along major transportation routes and its well-developed infrastructure enhance its appeal. Monroe's ongoing revitalization efforts, combined with its cultural attractions and community amenities, make it a promising market for real estate investors.

Growth Stats

6.38%
Appreciation
4.09%
YoY Rent Growth
Population Growth Rate

Macro Stats

Population
Unemployment Rate
Median Household Income

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Location

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