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2025 Compare Cities Housing:
Monroe, LA vs Hobbs, NM

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Highlights
- The median age of a home in Monroe is 4.0% older than the median age of a home in Hobbs.
 Monroe, LAHobbs, NMUnited States
 Median Home Age50  Unlock42
 Median Home Cost  Unlock$157,100$338,100
 Home Appr. Last 12 months10.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock33.1%57.0%
 Home Appr. Last 10 yrs.40.8%  Unlock101.1%
 Property Tax Rate  Unlock$4.7$11.0
 Homes Owned38.7%  Unlock57.4%
 Housing Vacant  Unlock12.2%11.2%
 Homes Rented46.4%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Monroe, LAHobbs, NMUnited States
 Average Rent  Unlock$1,340$1,840
 Studio Apartment$650  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$800$1,180
 2 Bedroom Home or Apartment$860  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,360$1,860
 4 Bedroom Home or Apartment$1,160  Unlock$2,160
 space1
 Vacant Housing
 Monroe, LAHobbs, NMUnited States
 Vacant For Rent  Unlock4.2%1.9%
 Vacant Rented0.4%  Unlock0.4%
 Vacant For Sale  Unlock1.2%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock0.7%3.6%
 Vacant Other9.4%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Monroe, LAHobbs, NMUnited States
 Less Than $20,000  Unlock3.6%2.6%
 $20,000 to $39,9996.1%  Unlock2.4%
 $40,000 to $59,999  Unlock3.6%2.8%
 $60,000 to $79,9999.6%  Unlock3.9%
 $80,000 to $99,999  Unlock11.4%4.5%
 $100,000 to $149,99910.3%  Unlock11.3%
 $150,000 to $199,999  Unlock21.0%13.0%
 $200,000 to $299,99917.2%  Unlock20.1%
 $300,000 to $399,999  Unlock5.0%13.6%
 $400,000 to $499,9993.8%  Unlock8.3%
 $500,000 to $749,999  Unlock5.1%9.7%
 $750,000 to $999,9990.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.0%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Monroe, LAHobbs, NMUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock7.0%13.6%
 2000 to 20098.0%  Unlock13.6%
 1990 to 1999  Unlock4.7%13.6%
 1980 to 198910.7%  Unlock13.2%
 1970 to 1979  Unlock19.5%14.8%
 1960 to 19699.2%  Unlock13.6%
 1950 to 1959  Unlock19.1%10.0%
 1940 to 19496.8%  Unlock4.7%
 1939 or Earlier  Unlock2.9%12.2%
Transportation
Reviews for Monroe    8 Reviews
Mark · Monroe, LA
Terrible
Over 7 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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grant · West Monroe, LA
This place is sure to give you cancer.
Over 13 years ago

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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LaDonna · Monroe, LA
About our University
Over 16 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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Reviews for Hobbs    3 Reviews
Ross · Hobbs, NM
Hobbs, New Mexico
Over 10 years ago

Hobbs, New Mexico is a growing city on the eastern edge of the New Mexico- texas border. The people are friendly and hard working. The school system is in the top tier  More

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Karen · Hobbs, NM
Lousy place to live
Over 15 years ago

Hobbs is the worst place in the U.S. to live. People that live here are snobs and they aren't helpful at all. Forget about getting a job here. If they don't like you,  More

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Clint · Barry, IL
Hobbs - Pros/Cons
Over 17 years ago

Pros: 1. Extremely low cost of living and housing for region 2. Affordable place to live 3. Nice physical setting and climate Cons: 1. Very high crime rate 2.  More

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Learn More About Monroe, Louisiana
Overview
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Learn More About Hobbs, New Mexico
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