Last updated
Average Rent in Monroe 71201 & Rent Trends
Rent prices and market trends across 4 apartment communities in Monroe 71201, Monroe, LA. Updated daily.
Market Average
$879/mo
Lowest Available
$655/mo
cheapest unit on market
Communities
4
tracked daily
Units Listed
81
available now
Monroe 71201 vs Monroe, LA Average
Monroe 71201 is cheaper the Monroe, LA average by $126/mo (13%). The citywide average is $1,005/mo across all neighborhoods.
Is Rent Going Up or Down in Monroe 71201?
As of July 2026, the average rent in Monroe 71201 is $879 per month across 4 apartment communities and 81 available units.
The most affordable option is Frances Place Apartments starting at $655/mo. By unit type, a 1-bedroom averages $788/mo, a 2-bedroom averages $905/mo.
Prices range from $655 to $1,025 per month. The most common price point is the $800 range, where 72 units are currently listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Monroe 71201
Rent Prices by Apartment in Monroe 71201
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Frances Place Apartments | $655/mo | $883/mo | 75 | 3.2 |
| 1400 Grammont Apartments | $825/mo | $825/mo | 2 | - |
| 1800 Grammont Apartments | $825/mo | $825/mo | 2 | - |
| 1600 Grammont Apartments | $825/mo | $825/mo | 2 | - |
Google Search Trends for Monroe 71201 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Frequently Asked Questions About Rent in Monroe 71201
What is the average rent in Monroe 71201?
Is rent going up or down in Monroe 71201?
What is the cheapest apartment in Monroe 71201?
How much is a 1-bedroom apartment in Monroe 71201?
How many apartments are available in Monroe 71201?
What salary do I need to live comfortably in Monroe 71201?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$35,000/year
Based on the 30 percent rule, using our tracked average rent of $879/mo.
Comfortable income
$42,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($655/mo), you need to earn at least $26,000/year.
Median household income in Monroe 71201 is $36,521 , about 13% below the comfortable-living threshold.
Cost of living in Monroe 71201
Overall prices in Monroe 71201 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 71201's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $879 |
| Utilities | $189 |
| Groceries | $502 |
| Transportation | $450 |
| Healthcare | $219 |
| Other goods and services | $351 |
| Estimated total | $2,590/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.
Explore Monroe 71201 Apartments
Browse all 4 communities with daily-updated pricing and availability.