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Home values, rents and more in Monrovia, IN

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$304,000
Metro: $292,000 · U.S.: $366,000
Home values, past year
+0.3%
Metro: +1.0% · U.S.: +1.2%
Population
2,055
ACS 2020–24
Median household income
$92,344
Metro: $79,852 · U.S.: $80,734
ZIP codes around Monrovia, IN, shaded by typical home valueMonrovia
  • Under $310k
  • $310k–$320k
  • $320k+
  • No data
ZIP codes around Monrovia, IN, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. Monrovia is outlined.

How Monrovia compares

The typical home in Monrovia, IN is worth about $304,000, according to the Zillow Home Value Index for September 2026. Home values in Monrovia are 4% above the typical value in the Indianapolis metro area ($292,000) and 17% below the U.S. typical value ($366,000).

Over the past year, home values in Monrovia rose 0.3%, compared with +1.0% in the Indianapolis metro area and +1.2% nationally.

The median household income is $92,344, against $79,852 in the Indianapolis metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,055 people live in Monrovia (American Community Survey 2020–24).

Monrovia has the 36th-highest typical home value of the 77 cities in the Indianapolis metro area and the 108th-highest of 581 in Indiana with Zillow figures.

Part of: Morgan County, IN · Indianapolis metro area · Indiana

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Crime rates
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby cities

ZIP codes in Monrovia, IN

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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