2025 Compare Cities Housing:
Monroe, LA vs Memphis, TN

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Highlights
- The median age of a home in Monroe is 4.0% younger than the median age of a home in Memphis.
 Monroe, LAMemphis, TNUnited States
 Median Home Age50  Unlock42
 Median Home Cost  Unlock$148,300$338,100
 Home Appr. Last 12 months10.1%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock61.3%57.0%
 Home Appr. Last 10 yrs.40.8%  Unlock101.1%
 Property Tax Rate  Unlock$14.8$11.0
 Homes Owned38.7%  Unlock57.4%
 Housing Vacant  Unlock14.0%11.2%
 Homes Rented46.4%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Monroe, LAMemphis, TNUnited States
 Average Rent  Unlock$1,380$1,840
 Studio Apartment$650  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$920$1,180
 2 Bedroom Home or Apartment$860  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,400$1,860
 4 Bedroom Home or Apartment$1,160  Unlock$2,160
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 Vacant Housing
 Monroe, LAMemphis, TNUnited States
 Vacant For Rent  Unlock4.0%1.9%
 Vacant Rented0.4%  Unlock0.4%
 Vacant For Sale  Unlock0.4%0.7%
 Vacant Sold0.5%  Unlock0.4%
 Vacant Vacation  Unlock0.3%3.6%
 Vacant Other9.4%  Unlock4.1%
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 Owner-Occupied Housing Value
 Monroe, LAMemphis, TNUnited States
 Less Than $20,000  Unlock2.9%2.6%
 $20,000 to $39,9996.1%  Unlock2.4%
 $40,000 to $59,999  Unlock10.3%2.8%
 $60,000 to $79,9999.6%  Unlock3.9%
 $80,000 to $99,999  Unlock12.3%4.5%
 $100,000 to $149,99910.3%  Unlock11.3%
 $150,000 to $199,999  Unlock11.9%13.0%
 $200,000 to $299,99917.2%  Unlock20.1%
 $300,000 to $399,999  Unlock5.6%13.6%
 $400,000 to $499,9993.8%  Unlock8.3%
 $500,000 to $749,999  Unlock2.7%9.7%
 $750,000 to $999,9990.6%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.8%2.2%
 $1,500,000 to $1,999,9990.0%  Unlock0.8%
 $2,000,000 and over  Unlock0.3%1.1%
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 Housing Units By Year Built
 Monroe, LAMemphis, TNUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock6.3%13.6%
 2000 to 20098.0%  Unlock13.6%
 1990 to 1999  Unlock9.5%13.6%
 1980 to 198910.7%  Unlock13.2%
 1970 to 1979  Unlock17.9%14.8%
 1960 to 19699.2%  Unlock13.6%
 1950 to 1959  Unlock20.0%10.0%
 1940 to 19496.8%  Unlock4.7%
 1939 or Earlier  Unlock7.7%12.2%
Reviews for Monroe    8 Reviews

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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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 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 Memphis    148 Reviews

I was mugged my very first night in Memphis. They tried to take my iPhone. I was walking only a block from my house in a "safe" area, too.  More

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Memphis is a city with a history of civil rights, slavery , blues and rockn'roll music. It's a great place for a weekend getaway. This city has lots of great things to  More

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Over 5 years ago

Do you like being panhandled every 30 seconds? Love that cool ambiance of gangs? Are drugs your thing? Then you will love Memphis. Had good times here in the 90’s, the  More

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