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2025 Compare Cities Housing:
Monroe, NC vs Wake Forest, NC

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Highlights
- The median age of a home in Monroe is 50.0% older than the median age of a home in Wake Forest.
 Monroe, NCWake Forest, NCUnited States
 Median Home Age32  Unlock42
 Median Home Cost  Unlock$483,600$338,100
 Home Appr. Last 12 months25.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock72.1%57.0%
 Home Appr. Last 10 yrs.120.3%  Unlock101.1%
 Property Tax Rate  Unlock$10.2$11.0
 Homes Owned52.9%  Unlock57.4%
 Housing Vacant  Unlock4.2%11.2%
 Homes Rented38.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Monroe, NCWake Forest, NCUnited States
 Average Rent  Unlock$1,710$1,840
 Studio Apartment$1,030  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,250$1,180
 2 Bedroom Home or Apartment$1,190  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,730$1,860
 4 Bedroom Home or Apartment$1,940  Unlock$2,160
 space1
 Vacant Housing
 Monroe, NCWake Forest, NCUnited States
 Vacant For Rent  Unlock1.0%1.9%
 Vacant Rented0.0%  Unlock0.4%
 Vacant For Sale  Unlock0.6%0.7%
 Vacant Sold0.4%  Unlock0.4%
 Vacant Vacation  Unlock1.0%3.6%
 Vacant Other5.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Monroe, NCWake Forest, NCUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9991.5%  Unlock2.4%
 $40,000 to $59,999  Unlock0.4%2.8%
 $60,000 to $79,9992.2%  Unlock3.9%
 $80,000 to $99,999  Unlock0.7%4.5%
 $100,000 to $149,99916.5%  Unlock11.3%
 $150,000 to $199,999  Unlock7.6%13.0%
 $200,000 to $299,99924.3%  Unlock20.1%
 $300,000 to $399,999  Unlock31.8%13.6%
 $400,000 to $499,9995.4%  Unlock8.3%
 $500,000 to $749,999  Unlock7.8%9.7%
 $750,000 to $999,9990.5%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.2%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock0.1%1.1%
 space3
 Housing Units By Year Built
 Monroe, NCWake Forest, NCUnited States
 2015 and Newer0.2%  Unlock0.2%
 2010 to 2014  Unlock35.4%13.6%
 2000 to 200917.9%  Unlock13.6%
 1990 to 1999  Unlock16.1%13.6%
 1980 to 198915.1%  Unlock13.2%
 1970 to 1979  Unlock3.6%14.8%
 1960 to 196924.7%  Unlock13.6%
 1950 to 1959  Unlock0.9%10.0%
 1940 to 19491.9%  Unlock4.7%
 1939 or Earlier  Unlock1.7%12.2%
Transportation
Reviews for Monroe    5 Reviews
Matthew · Monroe, NC
You would be better off living in an active toilet
Over 5 years ago

Moved to Monroe approx 6 years ago. It has been one excuse after the other for the high incidence of assault and battery as well as property crime. The mayor and city  More

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Angela · Monroe, NC
Historical District in Monroe NC
Over 6 years ago

I have lived in Monroe since 2015. I have been welcomed by my neighbors and the community. Monroe is rapidly growning. The downtown area is family friendly and has added  More

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Lowell · Monroe, NC
Just a rural redneck Charlotte
Over 7 years ago

I’m so glad to be moving away from this little Charlotte wanna be Town run by rednecks! I’ve been here for 15 years and have been stopped by Sheriff’s about 8 times!  More

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Reviews for Wake Forest    5 Reviews
justin · Aurora, CO
Is wake forest a good place to live?
Over 11 years ago

Im a 22 year old male from Denver Colorado.im looking to relocate and transfer for work . Colorado has high taxes and high cost of living and also to much snow during  More

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Laura · Wake Forest, NC
Loving Life In Wake Forest, NC
Over 11 years ago

Relocating from New York City three years ago took some adjustment and once settled in Wake Forest I was able to breath a little bit easier. The pace is something you  More

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Claudia · Wake Forest, NC
Great Place to Work and Live, BUT...
Over 15 years ago

The Triangle is a great place to work and live, more reasonable than the North but more expensive than most places in the South. We live in a beautiful  More

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Learn More About Monroe, North Carolina
Overview
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Learn More About Wake Forest, North Carolina
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