Monroe, LA Housing


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Housing in Monroe, LA is generally more affordable than the national average. The median value of a house in Monroe is $153,400 compared to the US median value of $338,100. In a one-year time frame, the US has seen an 8.27% increase in home appreciation, while Monroe has seen a 7.40% increase. This indicates that housing in Monroe is still relatively affordable and a wise choice for those looking to purchase a home.

The median home cost in Monroe is $153,400. Home appreciation the last 10 years has been 40.8%. Home Appreciation in Monroe is up 10.1%.

Average Age of Homes
- The median age of Monroe real estate is 47 years old
The Rental Market in Monroe
- Renters make up 47.4% of the Monroe population
- 4.0% of houses and apartments in Monroe, are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingMonroe, LouisianaUnited States
  21,050.0139,647,020.0
  5042
  $153,400$338,100
  10.1%16.6%
  24.0%57.0%
  40.8%101.1%
  $4.54$10.98
  $676$2,690
  38.7%57.4%
  14.9%11.2%
  46.4%31.4%
  Vacant Housing
  4.0%1.9%
  0.4%0.4%
  0.4%0.7%
  0.5%0.4%
  0.1%3.6%
  9.4%4.1%
  Value of Owner-Occupied Housing
  4.6%2.6%
  6.1%2.4%
  11.0%2.8%
  9.6%3.9%
  8.5%4.5%
  10.3%11.3%
  13.9%13.0%
  17.2%20.1%
  9.1%13.6%
  3.8%8.3%
  3.8%9.7%
  0.6%3.9%
  1.3%2.2%
  0.0%0.8%
  0.3%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  8.0%13.6%
  8.0%13.6%
  9.2%13.6%
  10.7%13.2%
  20.2%14.8%
  9.2%13.6%
  15.0%10.0%
  6.8%4.7%
  5.3%12.2%
Reviews for Monroe
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Over 6 years ago

If you are looking a place for high crime, high poverty, high obesity rates, high taxes, high unemployment, and high citizens, you have arrived at the right place. I  More

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Lived in Monroe/West Monroe for 2 years, I deeply regret it. Here's why. Not only is Monroe/West Monroe next to a plant that spews it's disgusting, cancerous smog,  More

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Over 15 years ago

We have one of the best universities around. We have high ratings all across the board. Why don't you consider checking us  More

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