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Monroe, IA Real Estate


According to census data in the year 2000 there were 793 housing units in Monroe. This represents a 8.6% growth from 730 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 793 were located in what is classified as a rural area.

Homeownership rate in Monroe is about 77.9%. Monroe's vacancy rate, including seasonal lodging, is about 5.7%. Average household size is 2.4 people.

The majority of houses, apartments or condos in Monroe were built after 1959.

Statistics

Housing Size

Housing Units by Size
Studio Type0.80%
One Bedroom8.40%
Two Bedrooms31.80%
Three Bedrooms44.10%
Four Bedrooms13.40%
Five Bedrooms or more1.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.51
Median year structure was built1960
Median Value of occupied units$75,700
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.02
Median year structure was built1956
Median Monthly Rent asked for vacant units$338

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan7.90%
Simple Mortgage43.70%
Debt Free44.30%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs16.4%