The Reserve on Bayou DeSiard
6568 Highway 165,
Monroe, LA 71203
1-3 Beds | $1,227 - 2,187
Rental Market Trends in Monroe, LA
What is the average rent in Monroe, LA?
$788/month
Average Rent
722 Sq Ft
Average Apartment Size
+0.2%
Increase in the Last Year
As of November 2024, the average rent in Monroe, LA is $788 per month. This is 49% lower than the national average rent of $1,559/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 $561 per month for a studio, $788 for a one-bedroom apartment, and around $990 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $994 or more.
Floor Plan Type
Average Rent
Average 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, LA?
In the past year, rent has increased by 0.2%, which averages out to $2 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 November 2024
Legend
2023
2024
Rent Ranges in Monroe, LA
Last Updated November 2024
$700 - $1,000
Most rental prices fall within this range
Percentage*
Rent Range
31%
Below $700/month
43%
$700 - $1,000/month
20%
$1,001 - $1,500/month
4%
$1,501 - $2,000/month
2%
Above $2,000/month
What salary do I need to live comfortably in Monroe, LA?
Because the average rent in Monroe is $788, you’ll want to make about $2,626 per month or $31,512 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.
How does Monroe, LA compare to other nearby cities and neighborhoods?
Use the tool below to compare Monroe, LA 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.
Nearby City Rent Trends
Apartment communities in Monroe we think you'll love
Property Management Companies in Monroe, LA
Link Real Estate Group
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28
Communities
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5,718
Units
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6
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2 Communities in Monroe
RAM Partners
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271
Communities
-
71,456
Units
-
156
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1 Community in Monroe
Alexander Forrest Investments, LLC
-
66
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7,569
Units
-
47
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1 Community in Monroe
Vintage Realty Company
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20
Communities
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3,732
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10
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1 Community in Monroe
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Methodology
† 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.
* Percentages may not total 100 due to rounding.