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Rental Market Trends in Monroe, WI

What is the average rent in Monroe, WI?

$855/month

Average Rent

668 Sq Ft

Average Apartment Size

+8.6%

Increase in the Last Year

As of May 2025, the average rent in Monroe, WI is $855 per month. This is 47% lower than the national average rent of $1,625/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, $855 for a one-bedroom apartment, and around $955 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $861 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$855/month
668 Sq Ft
Two Bedroom
$955/month
840 Sq Ft
Three Bedroom
$861/month
1,200 Sq Ft
Floor Plan Type
Average Rent
Average 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, WI?

In the past year, rent has increased by 8.6%, which averages out to $74 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 May 2025
Legend
2024 2025
Market Trends Over Time

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

Because the average rent in Monroe is $855, you’ll want to make about $2,850 per month or $34,200 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, WI

7 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Monroe, WI 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.

Apartment Averages

Apartment communities in Monroe we think you'll love

West Win Heights Apartments

West Win Heights Apartments

201-207 3rd Ave,
Monroe, WI 53566

1-2 Beds | $1,150 - $1,350

235 NW 3rd Ave

235 NW 3rd Ave

235 NW 3rd Ave,
Monroe, WI 53566

2 Beds | $1,895

245 NW 3rd Ave

245 NW 3rd Ave

245 NW 3rd Ave,
Monroe, WI 53566

2 Beds | $1,895

247 NW 3rd Ave

247 NW 3rd Ave

247 NW 3rd Ave,
Monroe, WI 53566

2 Beds | $1,895

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United States Wisconsin 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 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity