Most Affordable ZIP Codes in Monroe, MI (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 48157 | Luna Pier, MI | $196,673 | $1,134 | 4.50% | 7.7% |
| 2 | 48166 | Newport, MI | $205,207 | $1,332 | 5.06% | 1.5% |
| 3 | 48161 | Monroe, MI | $206,275 | $1,076 | 4.07% | 3.9% |
| 4 | 48162 | Monroe, MI | $242,905 | $1,083 | 3.48% | 5.4% |
| 5 | 48133 | Erie, MI | $251,054 | $1,044 | 3.24% | 4.6% |
| 6 | 48145 | La Salle, MI | $285,267 | $1,287 | 3.52% | 5.3% |
| 7 | 48159 | Maybee, MI | $298,821 | $1,152 | 3.01% | 5.7% |
| 8 | 48131 | Dundee, MI | $302,266 | $1,332 | 3.44% | 5.3% |
| 9 | 48182 | Temperance, MI | $305,604 | $1,974 | 5.04% | 5.7% |
| 10 | 48144 | Lambertville, MI | $314,987 | $1,224 | 3.03% | 5.5% |
| 11 | 48179 | South Rockwood, MI | $322,734 | $1,512 | 3.65% | 6.9% |
| 12 | 49270 | Petersburg, MI | $322,830 | $1,179 | 2.85% | 5.2% |
| 13 | 48140 | Ida, MI | $333,616 | $1,215 | 2.84% | 6.3% |
| 14 | 49267 | Ottawa Lake, MI | $343,250 | $1,233 | 2.80% | 6.4% |
| 15 | 48117 | Carleton, MI | $344,620 | $1,206 | 2.73% | 6.0% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Monroe, MI · Appreciation in Monroe, MI
Or see the full Monroe, MI metro profile.