• Renter Tools
    • Favorites
    • Saved Searches
  • Manage Rentals
  • Apartments For Rent
    • Ashford Place Apartments For Rent
    • Bastrop Apartments For Rent
    • Bernice Apartments For Rent
    • Claiborne Apartments For Rent
    • El Dorado Apartments For Rent
    • Forest Circle Apartments For Rent
    • Glenwood Forest Apartments For Rent
    • Grambling Apartments For Rent
    • Monroe Apartments For Rent
    • North Highland Apartments For Rent
  • Houses For Rent
    • Calhoun Houses For Rent
    • Claiborne Houses For Rent
    • Collinston Houses For Rent
    • Columbia Houses For Rent
    • Dubach Houses For Rent
    • El Dorado Houses For Rent
    • Farmerville Houses For Rent
    • Grambling Houses For Rent
    • Hodge Houses For Rent
    • Monroe Houses For Rent
  • Condos For Rent
    • Byers Estates Condos For Rent
    • Franklin County Condos For Rent
    • Lindseys Countryside Condos For Rent
    • Monroe Condos For Rent
    • Ouachita County Condos For Rent
    • West Monroe Condos For Rent
    • Wisner Condos For Rent
  • Townhomes For Rent
    • Lincoln County Townhomes For Rent
    • Monroe Townhomes For Rent
    • Ouachita County Townhomes For Rent
    • Rayville Townhomes For Rent
    • Richland County Townhomes For Rent
    • Ruston Townhomes For Rent
    • Sterling Fields Townhomes For Rent
    • Sterlington Townhomes For Rent
    • West Monroe Townhomes For Rent
  • Help Center
  • Cost of Living in Monroe
  • Area Guide
  • Rent Calculator
  • Property Management Companies

Language

Apartments.com Logo
Manage Rentals      Sign Up / Sign In
Add a Property

Rental Market Trends in Monroe, LA

What is the average rent in Monroe, LA?

$836/month

Average Rent

701 Sq Ft

Average Apartment Size

+6.1%

Increase in the Last Year

As of October 2025, the average rent in Monroe, LA is $836 per month. This is 49% lower than the national average rent of $1,630/month, making renting in Monroe more affordable than most cities in the US. When you rent an apartment in Monroe, you can expect to pay about $570 per month for a studio, $836 for a one-bedroom apartment, and around $1,046 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,083 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$570/month
394 Sq Ft
One Bedroom
$836/month
701 Sq Ft
Two Bedroom
$1,046/month
1,027 Sq Ft
Three Bedroom
$1,083/month
1,037 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$797/month
591 Sq Ft
Three Bedroom
$1,415/month
1,050 Sq Ft
Four Bedroom
$2,686/month
2,016 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$765/month
717 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,587/month
1,225 Sq Ft
Three Bedroom
$1,979/month
1,301 Sq Ft

How much has average rent changed in Monroe, LA?

In the past year, rent has increased by 6.1%, which averages out to $52 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated October 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Monroe, LA
Last Updated October 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Monroe, LA
Percentage*
Rent Range
26% Below $700/month
47% $700 - $1,000/month
13% $1,001 - $1,500/month
9% $1,501 - $2,000/month
4% Above $2,000/month

What salary do I need to live comfortably in Monroe, LA?

Because the average rent in Monroe is $836, you’ll want to make about $2,786 per month or $33,432 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

Cost of Living

The cost of living in Monroe, LA is 10.5% lower than the national average. Generally, housing in Monroe is 24.5% less expensive than the national average, with rent falling between $570 - $1,083. You can expect to pay 3.8% less for groceries, 26.8% less for utilities, and 9.3% less for transportation.

City

Monroe, LA

463 Available Apartments for Rent

Search for Nearby Apartments

How does Monroe, LA compare to other nearby cities and neighborhoods?

Use the tool below to compare Monroe, LA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Monroe, LA

Apartment Averages

Nearby City Rent Trends

  • West Monroe Average Rent

Apartment communities in Monroe we think you'll love

Seasons & Woodale Apartments

Seasons & Woodale Apartments

323 Woodale Dr,
Monroe, LA 71203

$860 - $1,055

1-2 Beds

The Reserve on Bayou DeSiard

The Reserve on Bayou DeSiard

6568 Highway 165,
Monroe, LA 71203

$1,983 - $3,685

1-3 Beds

Ashford Place

Ashford Place

107 Ashford Dr,
West Monroe, LA 71291

Call for Rent

1-3 Beds

Venable Place

Venable Place

187 Venable Ln,
Monroe, LA 71203

$1,675

2 Beds

Property Management Companies in Monroe, LA

Link Real Estate Group
Link Real Estate Group
  • 31

    Communities

  • 5,876

    Units

  • 7

    Cities

2 Communities in Monroe
RAM Partners
RAM Partners
  • 292

    Communities

  • 77,498

    Units

  • 169

    Cities

1 Community in Monroe
Alexander Forrest Investments, LLC
Alexander Forrest Investments, LLC
  • 91

    Communities

  • 9,403

    Units

  • 60

    Cities

1 Community in Monroe
Vintage Realty Company
Vintage Realty Company
  • 20

    Communities

  • 3,732

    Units

  • 10

    Cities

1 Community in Monroe

Learn More with Helpful Articles

Moving Out of State: How to Start Your Apartment Search in a New State

Go the distance and find your new home.

How to Choose an Apartment Community You’ll Love

Avoid renter's remorse - know what to look for in your next apartment.

The Benefits of Renters Insurance

Better safe than sorry! Protect yourself(and your stuff) with renters insurance.

9 Money Saving Tips for Relocating

Save money and start fresh using these tips and tricks.

Explore the Renterverse

Rental management, simplified

Our all-in-one suite of property manangement software makes the rental process easy. Screen tenants, manage payments, and more – all on Apartments.com

Start managing your rentals
United States Louisiana Monroe Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2025.

* Percentages may not total 100 due to rounding.

  • About Us
  • Advertise
  • Legal Notices
  • Privacy Notice
  • Avoid Scams
  • Accessibility
  • Blog
  • Sitemap
apartments.com
© 2025 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2025 CoStar Group, Inc.

Equal Housing Opportunity