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New Report Fall 2026 Housing Affordability Report: every state is less affordable than in late August as average 30-year mortgage rates passed 7%. Read the report

Monee, IL Housing Affordability Index

Monee, Illinois has an MBR Housing Affordability Index score of 106.4 (Near National Average) as of October 30, 2026, ranking 1067th most affordable of 1,249 scored Illinois cities, compared with 102.2 statewide and 97.4 nationally. On a median-priced $240,500 home with 20% down, the Illinois average 30-year fixed rate of 7.31% means a monthly principal and interest payment of about $1,321, or 17% of the city’s $91,969 median household income.

The MBR Housing Affordability Index (MBR-HAI) for Monee is updated every night from live Illinois mortgage rates and U.S. Census Bureau income, home value and housing cost data for the city. A score of 100 equals the national average; higher scores mean homeownership is more affordable.

Monee MBR-HAI 106.4 Near National Average
Rank in Illinois 1,067 of 1,249 1 = most affordable
Illinois 102.2 Statewide score
National 97.4 100 = baseline
Avg 30-yr rate 7.31% Illinois lenders
Median home value $240,500 U.S. Census Bureau

Monee is 4.2 points above the Illinois score. Scores as of October 30, 2026. See the Illinois index

View Monee Mortgage Rates

What It Takes to Buy in Monee

$1,321/mo
Principal & Interest
Median home, 20% down, 7.31%
$56,600
Income Needed
To keep the payment at 28% of income
$91,969
Median Household Income
Illinois: $83,390
2.6x
Price-to-Income Ratio
Illinois: 3.2x
$1,810/mo
Median Owner Costs
Mortgage, taxes, insurance, utilities
$8,461/yr
Median Property Tax
3.52% of median value
35.9%
Owner Cost Burden
Owners spending 30%+ of income on housing
80.4%
Renter Cost Burden
Renters spending 30%+ of income on rent

Source: U.S. Census Bureau American Community Survey 5-Year Estimates (2024) for Monee, Illinois. The rate is the Illinois average 30-year fixed rate from MonitorBankRates, since lenders publish rates by state.

Cite the Monee Score

“MonitorBankRates (MBR) Housing Affordability Index, MonitorBankRates.com, October 30, 2026. Monee, Illinois score: 106.4 (Near National Average), ranked 1,067 of 1,249 Illinois cities. monitorbankrates.com/housing-affordability-index/illinois/monee”