Rental numbers for the Monroe, MI metro
The typical home here runs -$895 a month at 7.78% with 25% down, breaking even at about 0.1%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.8%.
- Gross yield
- 5.8%
- typical home, Zillow
- Median ZIP yield
- 6.8%
- 3 ZIPs with full data
- Cash flow
- -$895/mo
- at 7.78%, 25% down
- Typical price
- $274,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,331/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
15 with published figures
| 48166Newport | $206,000 | $1,480* | 8.6% | 4.7% | -$306 | n/a |
| 48182Temperance | $303,000 | $2,026 | 8.0% | 4.5% | -$496 | n/a |
| 48157Luna Pier | $195,000 | $1,260* | 7.8% | 4.0% | -$396 | n/a |
| 48161Monroe | $206,000 | $1,160 | 6.8% | 3.0% | -$603 | +8.6% |
| 48179South Rockwood | $321,000 | $1,680* | 6.3% | 3.0% | -$931 | n/a |
| 48145La Salle | $283,000 | $1,430* | 6.1% | 2.9% | -$844 | n/a |
| 48131Dundee | $299,000 | $1,480* | 5.9% | 2.5% | -$979 | n/a |
| 48162Monroe | $241,000 | $1,164 | 5.8% | 2.2% | -$853 | n/a |
| 48133Erie | $259,000 | $1,160* | 5.4% | 2.1% | -$949 | n/a |
| 48144Lambertville | $314,000 | $1,360* | 5.2% | 2.1% | -$1,148 | n/a |
| 48159Maybee | $296,000 | $1,280* | 5.2% | 2.0% | -$1,111 | n/a |
| 48140Ida | $331,000 | $1,350* | 4.9% | 2.1% | -$1,217 | n/a |
| 49270Petersburg | $322,000 | $1,310* | 4.9% | 1.9% | -$1,214 | n/a |
| 49267Ottawa Lake | $339,000 | $1,370* | 4.8% | 1.8% | -$1,330 | n/a |
| 48117Carleton | $340,000 | $1,340* | 4.7% | 1.8% | -$1,329 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.3%
- Rent, 12 months
- +5.5%
- Rent minus price growth
- -0.9 pts
- Property tax
- 1.08%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $216,217 | $1,063 |
| Aug 2022 | $233,498 | $1,176 |
| Aug 2023 | $238,631 | $1,200 |
| Aug 2024 | $247,710 | $1,260 |
| Aug 2025 | $257,238 | $1,262 |
| Aug 2026 | $273,513 | $1,331 |
Counties
- Monroe County, MI6.8% median yield
Tools
Questions
- Is the Monroe, MI metro good for rental property?
- The typical home here runs -$895 a month at 7.78% with 25% down, breaking even at about 0.1%. 0 of 3 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.8%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Monroe, MI metro have the highest rental yield?
- 48182 (Temperance) at 8.0%, 48161 (Monroe) at 6.8%, 48162 (Monroe) at 5.8%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.