Rent in Monroe, NC
Across Monroe's 3 ZIP codes, a 2-bedroom typically rents for about $1,401 a month, with figures from $1,071–$1,785. The highest typical rent is in 28111 ($1,760) and the lowest in 28112 ($1,216). Owner-occupied homes in Union County pay about 0.57% 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 | $1,200 | $919–$1,574 | 3 |
| 1 bed | $1,250 | $843–$1,640 | 3 |
| 2 beds | $1,401 | $1,071–$1,785 | 3 |
| 3 beds | $1,813 | $1,329–$2,179 | 3 |
| 4 beds | $2,291 | $1,569–$2,773 | 3 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: HUD Small Area Fair Market Rents (Oct 1, 2026), 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, NC?
- About $1,401 a month: the median of the typical rents in 3 ZIP codes, which range from $1,071–$1,785. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Monroe, NC?
- About $1,250 a month: the median of the typical rents in 3 ZIP codes, which range from $843–$1,640. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Monroe, NC?
- About $1,813 a month: the median of the typical rents in 3 ZIP codes, which range from $1,329–$2,179. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Monroe, NC?
- About $1,200 a month: the median of the typical rents in 3 ZIP codes, which range from $919–$1,574. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Monroe, NC?
- About $2,291 a month: the median of the typical rents in 3 ZIP codes, which range from $1,569–$2,773. Figures are gross rent (rent plus tenant-paid utilities).
- Which Monroe ZIP code has the highest rent?
- For a 2-bedroom, 28111 has the highest typical rent at $1,760 a month, and 28112 the lowest at $1,216.
- What is the property tax rate in Monroe, NC?
- Owner-occupied homes in Union County pay a typical 0.57% 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?
- HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).