Monroe County, Wisconsin Housing Market Prices
Monroe County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 35% below the Wisconsin median Cheaper than 76% of counties in Wisconsin$110,057
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Median rent 16% below the Wisconsin median$914
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Monroe County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $110,057 | $170,479 | $248,835 |
| Price Trend (Annual %) | 6.2% | 4.2% | 7.5% |
| Median Gross Rent | $914 | $1,087 | $1,407 |
| Rent Trend (Annual %) | 2.1% | 4.1% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Monroe County is about 35% lower than in Wisconsin. Rent is about 16% lower than the Wisconsin average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Monroe County, up about 6.2% and 2.1% a year respectively. Home prices are changing faster.
Median rent in Monroe County rose about 19.2% between 2015 and 2024, from $767 to $914. Over the same span, rent in Wisconsin rose about 40.2%.
Affordability
On average, housing unit costs 1.6 yearly household incomes in Monroe County.
Buying the median-priced home in Monroe County costs roughly 10.0 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Monroe County. The price-to-rent ratio in Wisconsin is about 13.1.
| Metric | Monroe County | Wisconsin Avg | US Average |
|---|---|---|---|
| Median Home Price | $110,057 | $170,479 | $248,835 |
| Median Household Income | $68,992 | $77,698 | $80,455 |
| Price-to-Income Ratio | 1.6 | 2.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Monroe County rose about 7.0%, while median household income rose about 38.9% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Monroe County | Wisconsin Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.5% | 60.5% | 58.5% |
| Rental Rate | 24.9% | 28.7% | 31.2% |
| Vacancy Rate | 8.6% | 10.8% | 10.2% |
| Median Tenure (years) | 17.0 | 16.0 | 15.0 |
| Median Year Moved In | 2009 | 2010 | 2011 |
Monroe County has a homeownership rate of 66.5%, higher than the Wisconsin average of 60.5%. Its housing vacancy rate is 8.6%, compared with 10.8% in Wisconsin.
Housing Stock
| Metric | Monroe County | Wisconsin Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.48 people | 2.33 people | 2.53 people |
| Median Structure Built Year | 1980 | 1974 | 1978 |
| Median Number of Rooms | 5.8 | 5.6 | 5.5 |
The typical housing unit in Monroe County was built around 1980. On average, 2.5 people live in a home with about 5.8 rooms, staying for about 17.0 years on average.
Monroe County, WI Housing Compared With Nearby Counties
How Monroe County, WI compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Monroe County, WI | 46,191 | $110,057 #2/3 | $914 #2/3 | 72.8% #2/3 |
| La Crosse County, WI | 120,486 | $167,812 | $1,058 | 62.2% |
| Juneau County, WI | 26,689 | $102,143 | $879 | 78.1% |
Frequently Asked Questions
Common questions about the housing market in Monroe County, Wisconsin.
What is the median home price in Monroe County, Wisconsin?
The median home price in Monroe County, Wisconsin is $110,057, lower than the Wisconsin average of $170,479.
What is the average home price in Monroe County, Wisconsin?
The typical home price in Monroe County, Wisconsin, reported as the median sale price, is $110,057. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Monroe County, Wisconsin?
The median gross rent in Monroe County, Wisconsin is $914 per month, lower than the Wisconsin average of $1,087.
What was the median gross rent in Monroe County in 2020?
In 2020, the median gross rent in Monroe County, Wisconsin was $821 per month.
What is the price-to-rent ratio in Monroe County, Wisconsin?
The price-to-rent ratio in Monroe County, Wisconsin is about 10.0, meaning it would take roughly 10.0 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Monroe County.
Are home prices or rent rising faster in Monroe County, Wisconsin?
Both home prices and rent are rising in Monroe County, up about 6.2% and 2.1% a year respectively. Home prices are changing faster.
What is the homeownership rate in Monroe County, Wisconsin?
66.5% of households in Monroe County, Wisconsin own their home, higher than the Wisconsin average of 60.5%.
What is the vacancy rate in Monroe County, Wisconsin?
The housing vacancy rate in Monroe County, Wisconsin is 8.6%, lower than the Wisconsin average of 10.8%.
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