Apartments & Condos for Rent in Monroe, LA

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What to Know About

Life in Monroe & Beyond

Monroe shares many of the great qualities that make Louisiana a desirable place to live.

Louisiana offers a fascinating blend of rich culture and history mixed with French, African, and American influences. The state is home to New Orleans, famous for its Mardi Gras celebrations, jazz music, and Creole cuisine. Immerse yourself in the state's rich heritage with visits to iconic landmarks like the Whitney Plantation and the Preserve Louisiana, or take advantage of the educational opportunities available at universities like Louisiana State University, Tulane University, Southern University, and A&M College. A mix of industries drives Louisiana's economy, including petrochemical production, shipping, and tourism.

The excitement never stops, from fishing in the Gulf of Mexico to hiking the trails of Kisatchie National Forest. You can also cheer on the New Orleans Saints (NFL) and New Orleans Pelicans (NBA) or catch thrilling college sports games. Discover famous attractions like the French Quarter, the Houmas House Plantation, and the USS Kidd Museum. The theater scene is thriving in Louisiana, with the New Orleans Ballet Association and Louisiana Philharmonic Orchestra located there.

Embrace the Pelican State and discover why Louisiana is a southern gem that shines bright. With its vibrant spirit and rich history, Louisiana promises a truly unforgettable experience, making it a great place to live.

Rental Market Trends

Monroe, LA

As of May 2025, Monroe's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Monroe's average rent is 19.1% ($222) lower than the Louisiana average of $1,164 and 47.6% ($857) lower than the U.S. average of $1,799.

Average Rent
$942
Monthly ChangeMonth Over Month Change
Decreased12.8% ($138)
Yearly ChangeYear Over Year Change
Decreased17.4% ($198)
Avg. Days on MarketAverage Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $931 Increased14.5% ($118) Increased4% ($36)
2 Beds $1,090 Increased15.5% ($146) Increased4.8% ($50)
3 Beds $1,300 Increased17.3% ($192) Increased6.5% ($79)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Monroe Rental Market FAQs

Explore rental prices, market trends, and availability in Monroe, LA.

The average rent in Monroe, LA is $942 per month.
Apartments in Monroe typically rent for between $652 and $1,690 per month, with an average of $942 per month.
In Monroe, the average rent for a 1-bedroom apartment is $931 per month, for a 2-bedroom apartment, $1,090 per month, and a 3-bedroom apartment is $1,300 per month.
The average rent in Monroe is 47.6% ($857) lower than the national average of $1,799 per month.
The average rent in Monroe has decreased by 12.8% ($138) in the last month and decreased by 17.4% ($198) over the past year.
The rental market in Monroe, LA, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Monroe, LA, the average rental stays on the market for approximately 38 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 12 rental properties available in Monroe, LA.
Based on the current averages, a household would need an annual income of $43,600 to comfortably afford a 2-bedroom apartment in Monroe.
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