What is the median rent in South Monroe, MI?
The median gross rent in South Monroe, MI is $987 (±$122) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 921 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In South Monroe, the median gross rent went from $735 in 2015–2019 to $987 in 2020–2024 (+34.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median gross rent
- $987 (±$122)
- Rented homes
- 921 (±171)
- $2,000 or more
- 7.8%
- Since 2015–2019
- +34.3%
How much rent costs in South Monroe
| Monthly gross rent | South Monroe | Monroe County | Michigan | United States |
|---|---|---|---|---|
| Less than $500 | 24.9% (±8.7 points) | 10.5% | 8.3% | 6.3% |
| $500 to $999 | 26.2% (±9.3 points) | 33.7% | 30.1% | 20.2% |
| $1,000 to $1,499 | 27.6% (±11.4 points) | 41.0% | 38.4% | 28.1% |
| $1,500 to $1,999 | 13.6% (±7.8 points) | 10.7% | 15.1% | 21.1% |
| $2,000 to $2,499 | 2.4% (±2.7 points) | 2.9% | 5.0% | 12.0% |
| $2,500 to $2,999 | 0.0% (±3.2 points) | 0.4% | 1.4% | 5.5% |
| $3,000 or more | 5.4% (±7.3 points) | 0.7% | 1.7% | 6.8% |
The most common range is $1,000 to $1,499, paid by 27.6% of renting households.
7.8% of rented homes in South Monroe cost $2,000 or more a month.
South Monroe against Monroe County, its state and the nation
| South Monroe | Monroe County | Michigan | United States | |
|---|---|---|---|---|
| Median gross rent | $987 (±$122) | $1,059 (±$43) | $1,129 (±$4) | $1,413 |
| Rented homes paying rent | 921 (±171) | 10,623 (±710) | 1,032,697 (±7,764) | 42,849,984 |
In South Monroe, median gross rent is not measurably different from Monroe County ($1,059).
It is also lower than in Michigan ($1,129).
It is lower than the national figure ($1,413).
In Monroe County, South Monroe ranks 3 of 5 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 34 of 65.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in South Monroe has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $735 (±$70) | $987 (±$122) | +34.3% | No measurable change after inflation |
| Households that rent | 35.8% (±4.3 points) | 30.4% (±4.8 points) | −5.4 percentage points | Not a measurable change |
| Rental vacancy rate | 5.3% (±5.9 points) | 2.6% (±4.0 points) | −2.7 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near South Monroe
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| South Monroe | — | $987 (±$122) | — |
| West Monroe | 1.6 mi | $850 (±$407) | Not measurably different |
| Monroe | 2.4 mi | $909 (±$47) | Not measurably different |
| La Salle Township | 3.9 mi | $1,080 (±$193) | Not measurably different |
| Frenchtown Township | 5.7 mi | $1,059 (±$62) | Not measurably different |
| Luna Pier | 6.3 mi | $395 (±$94) | Lower |
| Stony Point | 8.5 mi | $985 (±$91) | Not measurably different |
| Erie Township | 8.8 mi | $934 (±$263) | Not measurably different |
| Maybee | 9.4 mi | $943 (±$181) | Not measurably different |
Nearby places with a measurably lower figure: Luna Pier, MI ($395).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Monroe County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 1 | Temperance | $1,321 (±$91) |
| 2 | Lambertville | $1,248 (±$997) |
| 3 | South Monroe | $987 (±$122) |
| 4 | Stony Point | $985 (±$91) |
| 5 | West Monroe | $850 (±$407) |
South Monroe is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Monroe Charter Township, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about South Monroe
What is the average rent in South Monroe, MI?
The Census Bureau publishes the median rather than the average: the median gross rent in South Monroe is $987 (±$122) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in South Monroe?
In South Monroe, the median gross rent went from $735 in 2015–2019 to $987 in 2020–2024 (+34.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
How many rentals in South Monroe cost more than $2,000 a month?
7.8% of rented homes in South Monroe have a gross rent of $2,000 or more a month, and 24.9% cost less than $500.
Is rent in South Monroe higher than in Monroe County?
In South Monroe, median gross rent is not measurably different from Monroe County ($1,059).
It is also lower than in Michigan ($1,129).
It is lower than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — South Monroe CDP, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — South Monroe CDP, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — South Monroe CDP, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for South Monroe CDP, Michigan (place:75140, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Property taxes in South Monroe
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- Heating fuel in South Monroe
- Commute and cars in South Monroe
- Population growth in South Monroe
- How long people stay in South Monroe
- Crowding and facilities in South Monroe
- Michigan landlord and tenant rules
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- Housing data for every place in Michigan