Apartments & Homes for Rent in Monroe, WA

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What to Know About

Life in Monroe & Beyond

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

Washington is home to the famous Cascade Mountains and the Olympic Mountains mountain range. From its breathtaking landscapes to its thriving economy, there's something for everyone in this vibrant state. First, explore its rich history and culture by visiting museums such as the Museum of Pop Culture and the Burke Museum of Natural History & Culture. Then, take your education to the next level at prestigious universities like the University of Washington and Washington State. Washington's economy is diverse and robust, driven by key industries such as technology, agriculture, and manufacturing.

There's no shortage of ample opportunities for adventure and excitement. From exploring the stunning trails of Mount Rainier National Park to fishing in the picturesque Puget Sound, nature enthusiasts will be in their element. And sports fans will enjoy cheering for Seattle Seahawks (NFL), Seattle Kraken (NFL), and Seattle Mariners (MLB) and supporting their favorite college teams. Discover famous attractions like the Space Needle, the Pike Place Market, and the historic city of Seattle.

A hub of innovation and creativity, Washington is a great state offering endless opportunities, which makes it a great place to live.

Rental Market Trends

Monroe, WA

As of May 2025, Monroe's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Monroe's average rent is 52.5% ($909) higher than the Washington average of $1,733 and 47.4% ($849) higher than the U.S. average of $1,793.

Average Rent
$2,642
Monthly ChangeMonth Over Month Change
Increased4.6% ($115)
Yearly ChangeYear Over Year Change
Increased7.5% ($184)
Avg. Days on MarketAverage Days on Market
22
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,766 Increased0.6% ($11) Increased17.2% ($259)
2 Beds $2,121 Decreased0.9% ($19) Decreased0.5% ($10)
3 Beds $2,771 Decreased0.1% ($2) Increased10.7% ($268)
Nearby Cities Average Rent Avg. Rent vs. MonroeAverage Rent vs. Monroe Avg. Days on MarketAverage Days on Market
Snohomish $2,278 Decreased13.8% ($364) 25 days
Woodinville $2,224 Decreased15.8% ($418) 30 days
Granite Falls $1,334 Decreased49.5% ($1308) 24 days
Lake Stevens $2,318 Decreased12.3% ($324) 21 days
Bothell $2,541 Decreased3.8% ($101) 28 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, WA.

The average rent in Monroe, WA is $2,642 per month.
Homes in Monroe typically rent for between $1,236 and $3,602 per month, with an average of $2,642 per month.
In Monroe, the average rent for a 1-bedroom home is $1,766 per month, for a 2-bedroom home, $2,121 per month, and a 3-bedroom home is $2,771 per month.
The average rent in Monroe is 47.4% ($849) higher than the national average of $1,793 per month.
The average rent in Monroe has increased by 4.6% ($115) in the last month and increased by 7.5% ($184) over the past year.
The rental market in Monroe, WA, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.
In Monroe, WA, the average rental stays on the market for approximately 22 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 3 rental properties available in Monroe, WA.
Based on the current averages, a household would need an annual income of $84,840 to comfortably afford a 2-bedroom home in Monroe.
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