Monroe Home for Sale

Monroe is a good place to live. Monroe is considered car-dependent and bikeable with some transit options. Monroe has 1 park for recreational activities. It has a median age of 38. The average household income is $117,047 which is above the national average. College graduates make up 34.5% of residents. A majority of residents in Monroe are home owners, with 8.1% of residents renting and 91.9% of residents owning their home. A local real estate agent serving Monroe can help you decide if this neighborhood is the right one for you. Learn more on our Monroe neighborhood guide.

Monroe, MN is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.

The median home price in Monroe is $699,900. If you put a 20% down payment of $140,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $3,620 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $155K a year to afford the median home price in Monroe. The average household income in Monroe is $117K.

The best public schools that serve Monroe are:

• Champlin Park High School has an A- Niche grade, a student teacher ratio of 21:1 and an average review score of 3.6.
• Jackson Middle School has a B+ Niche grade, a student teacher ratio of 18:1 and an average review score of 3.9.
• Monroe Elementary School has a B Niche grade and a student teacher ratio of 13:1.

The most popular zip codes in Monroe, Brooklyn Park, MN include 55444, 55430, 55432, 55443 and 55429.

The most popular neighborhoods near Monroe, Brooklyn Park, MN are Palmer Lake, River Park, Norwood, Firehouse and Riverview.