Last updated
Average Rent in Monroe, LA & Rent Trends
Rent prices and market trends across 3 apartment communities in Monroe, LA. Updated daily.
Market Average
$968/mo
▲ +3.2% from last month
Lowest Available
$605/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
80
available now
Price Cuts This Week in Monroe, LA
5 listed units across 1 building in Monroe, LA dropped their asking rent in the past 7 days, an average cut of $22/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| The Reserve on Bayou DeSiard | Unit 1044, B2 | $2,207 | $2,185 | $22 |
| The Reserve on Bayou DeSiard | Unit 1071, B2 | $2,148 | $2,126 | $22 |
| The Reserve on Bayou DeSiard | Unit 2019, B1 | $2,188 | $2,166 | $22 |
| The Reserve on Bayou DeSiard | Unit 4008, B1 | $2,151 | $2,129 | $22 |
| The Reserve on Bayou DeSiard | Unit 4024, B1 | $2,126 | $2,104 | $22 |
Rent by Neighborhood in Monroe, LA
Compare average rent across Monroe, LA neighborhoods. Click any area to see detailed trends.
| Neighborhood | Avg Rent | 30d Change | From | Properties | Units |
|---|---|---|---|---|---|
| Monroe 71203 | $2,037 | ▲ $63 | $1,901 | 1 | 14 |
| Monroe 71201 | $800 | ▼ $83 | $800 | 1 | 1 |
| Monroe 71202 | $740 | ▲ $1 | $605 | 1 | 65 |
Is Rent Going Up or Down in Monroe, LA?
As of August 2026, the average rent in Monroe, LA is $968 per month across 3 apartment communities and 80 available units. Rents have increased $37 (3.2%) over the past month.
The most affordable option is Meadowbrook Park apartments starting at $605/mo. By unit type, a 1-bedroom averages $871/mo, a 2-bedroom averages $2,150/mo, a 3-bedroom averages $2,180/mo.
Prices range from $605 to $2,225 per month. The most common price point is the $600 range, where 56 units are currently listed.
Monroe, LA Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $1,188 | - | 6 |
| August 2026 | $1,170 | -$18 | 6 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Monroe, LA
Rent Prices by Apartment in Monroe, LA
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Meadowbrook Park apartments | $605/mo | $740/mo | 65 | 4 |
| Frances Place Apartments | $800/mo | $800/mo | 1 | 3.2 |
| The Reserve on Bayou DeSiard | $1,901/mo | $2,037/mo | 14 | 3.8 |
Frequently Asked Questions About Rent in Monroe, LA
What is the average rent in Monroe, LA?
Is rent going up or down in Monroe, LA?
What is the cheapest apartment in Monroe, LA?
How much is a 1-bedroom apartment in Monroe, LA?
How many apartments are available in Monroe, LA?
What salary do I need to live comfortably in Monroe, LA?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$39,000/year
Based on the 30 percent rule, using our tracked average rent of $968/mo.
Comfortable income
$46,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($605/mo), you need to earn at least $24,000/year.
Median household income in Monroe, LA is $36,521 , about 21% below the comfortable-living threshold.
Cost of living in Monroe, LA
Overall prices in Monroe, LA runs below the national average by about 16% (BEA Regional Price Parity index 83.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Monroe, LA's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $968 |
| Utilities | $189 |
| Groceries | $502 |
| Transportation | $450 |
| Healthcare | $219 |
| Other goods and services | $351 |
| Estimated total | $2,679/mo |
Population
47,241
Median household income
$36,521
Census median rent
$823/mo
Rent as % of income
39.8%
Median age
34.7
Mean commute
18 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Monroe, LA Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Monroe, LA Apartments
Browse all 3 communities with daily-updated pricing and availability.