Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

Monee

Learn about the people, housing, costs and businesses in Monee, Illinois

Median Home$238,674
Median Rent$1,649/month
Population5,600
Leading IndustriesFinance & Insurance · Information & Media · Transportation15% finance & insurance
Home Value Growth⬆⬆+13.2% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners91% of occupied units
NotableTransit90/100 · excellent transit access
NotableHigh Incomes$94k/year · top 21% nationally
Monee
IL

Frequently Asked Questions

What are today's mortgage rates in Monee?

As of today, the 30-year fixed mortgage rate for Monee is approximately 7.020% (7.030% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Monee
What is the median home price in Monee?

The median home value in Monee is $239k. The median monthly rent is $1,649. Annual property taxes average $8k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Monee?

Home values in Monee have increased 13.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Monee?

Based on a typical all-in ownership cost of $1,863/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $80k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Monee is $94k/year.

Calculate your buying power
What industries drive the economy in Monee?

The largest employment sectors in Monee are public administration (22%) and information and media (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.