Rent in Monroe, LA
Across Monroe's 9 ZIP codes, a 2-bedroom typically rents for about $1,017 a month, with figures from $776–$1,042. The highest typical rent is in 71203 ($1,042) and the lowest in 71202 ($776). 3 ZIPs have ZIP-level figures from HUD or Census; the other 6 use the county Fair Market Rent. Owner-occupied homes in Ouachita Parish pay about 0.54% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $782 | $616–$782 | 9 |
| 1 bed | $794 | $366–$837 | 9 |
| 2 beds | $1,017 | $776–$1,042 | 9 |
| 3 beds | $1,314 | $949–$1,314 | 9 |
| 4 beds | $1,337 | $773–$1,337 | 9 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Monroe ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Monroe, LA?
- About $1,017 a month: the median of the typical rents in 9 ZIP codes, which range from $776–$1,042. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Monroe, LA?
- About $794 a month: the median of the typical rents in 9 ZIP codes, which range from $366–$837. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Monroe, LA?
- About $1,314 a month: the median of the typical rents in 9 ZIP codes, which range from $949–$1,314. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Monroe, LA?
- About $782 a month: the median of the typical rents in 9 ZIP codes, which range from $616–$782. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Monroe, LA?
- About $1,337 a month: the median of the typical rents in 9 ZIP codes, which range from $773–$1,337. Figures are gross rent (rent plus tenant-paid utilities).
- Which Monroe ZIP code has the highest rent?
- For a 2-bedroom, 71203 has the highest typical rent at $1,042 a month, and 71202 the lowest at $776.
- What is the property tax rate in Monroe, LA?
- Owner-occupied homes in Ouachita Parish pay a typical 0.54% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Monroe rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).