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Rental Market Trends in Monroe, NY

What is the average rent in Monroe, NY?

$1,334/month

Average Rent

270 Sq Ft

Average Apartment Size

+1.7%

Increase in the Last Year

As of April 2026, the average rent in Monroe, NY is $1,334 per month. This is 19% lower than the national average rent of $1,641/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 per month for a studio, $1,334 for a one-bedroom apartment, and around $2,275 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,800 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,334/month
270 Sq Ft
Two Bedroom
$2,275/month
881 Sq Ft
Three Bedroom
$2,800/month
1,150 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$1,908/month
788 Sq Ft
Three Bedroom
$3,242/month
1,641 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Monroe, NY?

In the past year, rent has increased by 1.7%, which averages out to $23 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 April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Monroe, NY
Last Updated April 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Monroe, NY
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
0% $1,501 - $2,000/month
100% Above $2,000/month

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

Because the average rent in Monroe is $1,334, you’ll want to make about $4,446 per month or $53,352 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.

City

Monroe, NY

53 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Monroe, NY 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, NY

Apartment Averages

Apartment communities in Monroe we think you'll love

Monroe Commons

Monroe Commons

5 N Main St,
Monroe, NY 10950

$783 - $997

1 Bed

Brookside Garden Apartments

Brookside Garden Apartments

4 Brookside Dr E,
Harriman, NY 10926

$1,750 - $2,200

1-2 Beds

Lamplight Village Apartments

Lamplight Village Apartments

2 Lamplight Village Rd,
Monroe, NY 10950

$1,850 - $2,800

1-3 Beds

Harriman Woods Apartments

Harriman Woods Apartments

41 Harriman Woods Dr,
Harriman, NY 10926

$1,800 - $2,200

1-2 Beds

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United States New York 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 February 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity