Monroe
Louisiana · Ranked #117 of 373 metros
85Affordable
💡
Housing in Monroe costs 3.49× the median income, below the national average of 4.5×. The median home price is $176K and median rent is $936/month. Monroe ranks #117 of 373 metros for affordability.
Median Home Price
🏠$176K
Need $52K income
Median Rent
🔑$936
Need $37K income
Building Permits
🔨416
annual
Median Income
💰$50K
Pop: 222,455
Rent Burden
⚠️33.1%
of renters paying >30%
Homeownership
🏡65.0%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Monroe | National |
|---|---|---|
| Price-to-Income Ratio | 3.49x | 6.1x |
| Rent Burden | 33.1% | 31.5% |
| Homeownership Rate | 65.0% | 65.5% |
| YoY Rent Change | 0% | +2.8% |
| Mortgage Denial Rate | 0.0% | 13.5% |
| Eviction Rate | 0.0% | 3.6% |
House Price Index (2000–2025)
FHFA All-Transactions HPI
Since 2019: +31.7%Since 2000: +116.3%
HUD Fair Market Rents (FY2026)
Section 8 voucher payment standards
Studio$765/mo
1 Bedroom$793/mo
2 Bedroom$1,026/mo
3 Bedroom$1,319/mo
4 Bedroom$1,358/mo
Zillow Market Data
Home Value (ZHVI)
$159K
1yr: -2.9%5yr: +11.9%
Rent (ZORI)
$1,100/mo
1yr: +31.9%
Note: ZORI reflects current listing prices and may differ from the Census ACS median rent shown above, which captures what renters actually pay including below-market and subsidized units.
Redfin Market Activity
Median Sale Price
$235K
Active Inventory
343
Days on Market
56
Sold Above List
5.3%
Price Drops
21.3%