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Rent To Own Homes in Monroe, OR

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32 Bailey-st-Philomath-OR-97370
Foreclosure
$460,000 List Price

Bailey St
Philomath, OR 97370

3 Bed | 3 Bath | 2,802 Sq. Ft.

Se-collins-pl-Corvallis-OR-97333
Foreclosure
$330,544 EMV

Se Collins Pl
Corvallis, OR 97333

3 Bed | 1.5 Bath | 1,120 Sq. Ft.

Sw-western-blvd-Corvallis-OR-97333
Preforeclosure

Sw Western Blvd
Corvallis, OR 97333

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Foreclosure Homes in Monroe, OR

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Monroe, OR area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Monroe, OR and much more. Save thousands at closing with home foreclosure listings in Monroe, OR — up to 75% off market value!


Top Reasons To Live In Monroe, OR In 2021

Monroe is located in Benton, Oregon, with an estimated municipal population of 654 residents. All of the best foreclosed homes for sale in Monroe are located in the following zip code areas on Foreclosure.com: 97456. The estimated population per square kilometer (.62 miles) in Monroe is 499.


Cost Of Living In Monroe, OR

So, about how much do homes cost in Monroe? The most recent median value of resident-owned homes in Monroe is 154,566. An estimated 60.5 percent of households in Monroe own their homes, with an average family size of 3.16. The median household income in Monroe is 50,000, with14.6 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Monroe, the median commute time of resident workers (in minutes) is 29. And last, but certainly not least, are you looking for homes to rent in Monroe? If so, the average rent price paid by renters in Monroe is 748, according to recent statistics.


Diversity And Demographics In Monroe, Oregon

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Monroe, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Monroe is 37, split between 50.6 percent male versus 49.4 female. The percentage of residents who report being married in Monroe is 52.1, with an average family size of 3.16.

The percentage of residents who report their race in Monroe is as follows:

White 83.9%
Black / African American 0%
Asian 2.3%
American Indian / Alaskan Native 0.5%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 7.2%
Other 6.1%

Looking for family-friendly neighborhoods in and/or near Monroe? Or maybe you are searching for 55+ active adult communities in and/or near Monroe?

The percentage of residents who report their age in Monroe is as follows:

Under 10 10.6%
Aged 10-19 13.9%
20s 13.1%
30s 15.5%
40s 7.8%
50s 15.8%
60s 12.1%
70s 9.6%
80+ 1.6%

Best Schools In Monroe, Oregon

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Monroe with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Monroe.


Pros And Cons Of Living In Monroe, Oregon

How do you know that living in -- or moving to -- Monroe is right where you need to be? Perhaps you grew up in Monroe or already live nearby; therefore, the decision to buy a home in Monroe is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Monroe for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Monroe:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Monroe.


Reasons To Move To Monroe, Oregon, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Monroe can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Monroe, meanwhile, can field multiple offers from more qualified buyers.

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