Homes for Rent in 48162

1-11 of 11 rentals
Viewing 1-11 of 11 rentals in 48162
What to Know About

Life in Monroe & Beyond

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

Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Monroe, MI

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 26.9% ($367) lower than the Michigan average of $1,363 and 44.5% ($797) lower than the U.S. average of $1,793.

Average Rent
$996
Monthly ChangeMonth Over Month Change
Increased0.8% ($8)
Yearly ChangeYear Over Year Change
Increased2.7% ($26)
Avg. Days on MarketAverage Days on Market
38
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $812 Decreased5.1% ($44) Decreased5% ($43)
2 Beds $1,182 Increased4.4% ($50) Increased13.4% ($140)
3 Beds $1,464 Increased1% ($14) Increased9.6% ($128)
Nearby Cities Average Rent Avg. Rent vs. MonroeAverage Rent vs. Monroe Avg. Days on MarketAverage Days on Market
La Salle $1,064 Increased6.8% ($68) 38 days
Newport $815 Decreased18.2% ($181) 39 days
Dundee $967 Decreased2.9% ($29) 35 days
Rockwood $1,466 Increased47.2% ($470) 38 days
Belleville $1,230 Increased23.5% ($234) 40 days
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, MI.

The average rent in Monroe, MI is $996 per month.
Homes in Monroe typically rent for between $600 and $1,903 per month, with an average of $996 per month.
In Monroe, the average rent for a 1-bedroom home is $812 per month, for a 2-bedroom home, $1,182 per month, and a 3-bedroom home is $1,464 per month.
The average rent in Monroe is 44.5% ($797) lower than the national average of $1,793 per month.
The average rent in Monroe has increased by 0.8% ($8) in the last month and increased by 2.7% ($26) over the past year.
The rental market in Monroe, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Monroe, MI, 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 20 rental properties available in Monroe, MI.
Based on the current averages, a household would need an annual income of $47,280 to comfortably afford a 2-bedroom home in Monroe.
What's New on the Blog

Explore recent posts across our blog, which is curated for renters, landlords, and industry pros.

List Your Property For Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, and Craigslist Monroe to attract quality tenants faster and take your listings to the next level.

Was this page helpful?  HelpfulUnhelpful