Monroe, Oregon.
Typical home $563,641 (+2.2% in a year). Corvallis, OR metro.
to buy the typical home at today's mortgage rate — +$1,596 (+117%) since Jan 2020.
- 1 year
- Up $12,229 +2%
- $551,412$563,641 since Sep 2025
- 5 years
- Up $85,796 +18%
- $477,845$563,641 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Monroe$2,958
- Oregon$2,586
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in Monroe, OR rose 2.2% over the past year — faster than the nation's +1.2%.
Living in Monroe, Benton County, Oregon
Monroe is a city of 647 people in Benton County. Unemployment in Benton County was 4.5% in August 2026, and the county had 0.2% fewer jobs in 2025 than the year before. The most people in Benton County work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Monroe is a small city in Benton County, and one of the smaller communities in the county. Homes here cost more than most places a person might expect for a town this size. Poverty is uncommon, and the town sits in a part of Oregon where winters are cool and wet rather than harsh, with summers that turn warm in August.
Work. Many residents work in schools, hospitals and social care, with others in professional and business services, shops, and restaurants and hotels. The commute is long, and more people than in many places work from home. Across Benton County, the largest workplaces are Oregon State University, Good Samaritan Hospital Corvallis and Corvallis Schools. Unemployment across the county has eased a little compared with a year earlier, though the number of jobs has slipped slightly.
Things to do. A short drive away, William L. Finley National Wildlife Refuge is protected land set aside for wildlife, and Washburne State Wayside is another protected area close by. The Long Tom River is also a short drive from town. For a day out, Fern Ridge Reservoir is a longer drive away for time on the water.
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- 5%below the poverty line
- 40 mintypical commute
- 15%work from home
What people in Benton County work in
Employed residents by industry, from the Census survey. Benton County had 38,560 jobs in 2025, 0.2% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 46° and lows near 34°; warmest in August, with highs near 82° and lows near 51°. About 41 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Corvallis Ssw weather station, 7 miles away (NOAA).
Largest workplaces in Benton County
- Oregon State UniversityUniversity or college6,833
- Good Samaritan Hospital CorvallisGeneral hospital1,931FTE
- HPWorkstations, computer, manufacturing1,024
- Corvallis SD 509JSchool district804FTE
- Trillium Family ServicesMental health facilities, residential338
- Philomath SD 17JSchool district227FTE
- Fred Meyer StoresWarehouse clubs and supercenters204
- SafewaySupermarkets and other grocery stores164
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 67 workplaces with 20 or more staff, 21,460 people in all across the county; Monroe has one of its own. Colleges come from IPEDS (NCES, 2023–24), hospitals from their Medicare cost reports (CMS, 2023) and school districts from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Inland floodingRelatively high
- LandslidesRelatively moderate
- Heat wavesRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Monroe’s census tracts, against the rest of the country; all of them together, relatively high. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Benton County and the Corvallis, OR metro.
Monroe home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Monroe$563,641
- Oregon$492,753
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Monroe9
Zip codes with a Monroe address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Monroe — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.