3

Studio Apartments for Rent in Monroe, LA

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    $2,500 Per Month

    • Studio
    • Apartment for Rent

    110 Pine St, West Monroe, LA 71291

    Four spacious 2-bed, 2-bath apartments are ready for lease with a 6-month minimum stay. Enjoy utilities and high-speed internet included—just move in and relax. Set right on the river and only steps from popular restaurants, bars, and entertainment, this location offers the perfect blend of comfort and convenience. Apply and schedule your private viewing at www.mpmmonroe.com. Questions? Call

    Agent Photo

    Harrison Lilly

    Harrison Lilly

    (318) 708-9009

    110 Pine St, West Monroe, LA 71291

Why Live in Monroe

Monroe's rich outdoor scene centers around the Black Bayou Lake National Wildlife Refuge, where residents enjoy hiking, fishing, and kayaking amid native wildlife. The Louisiana Purchase Gardens and Zoo provides family entertainment with boat tours along Bayou Desiard, while the Biedenharn Museum & Gardens combines Coca-Cola history with beautiful gardens. Cultural attractions include the Masur Museum of Art and the Chennault Aviation & Military Museum. The dining scene features upscale Southern cuisine at Restaurant Cotton and Parish Restaurant & Bar, alongside waterfront dining at Warehouse No. 1 Restaurant and Trapp's Cajun & Seafood.

The housing market in Monroe includes diverse options across several neighborhoods. The median single family home price is $241,800, while townhomes have a median price of $165,000 and two bedroom condos typically sell for $135,000. North Monroe commands the highest prices with a median single family home price of $305,000, while the Garden District presents more moderate options at $186,800. The Southside Riverfront area features the most affordable single family homes with a median price of $41,500.

Monroe's cost of living sits 10.5% below the national average. A family with school age children needs approximately $94,000 annually to live comfortably, while renters require about $46,000. The combined sales tax rate is 10.12%, including a 5% state rate and 5.12% local rate. Monthly grocery costs average $1,500 for families and $700 for renters. Housing expenses run about $1,800 monthly for families and $1,300 for renters. The public school system includes highly rated West Monroe High School and Sterlington High School, both achieving A ratings. The University of Louisiana at Monroe serves as a major educational institution and employer, alongside other significant employers like Lumen Technologies and St. Francis Medical Center.

Frequently Asked Questions

How much does it cost to rent a home in Monroe, LA?
The median rent for a home in Monroe, LA is $1,250 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Monroe, LA?
To comfortably afford the median rent in Monroe, LA, a household needs to earn roughly $50,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,250 per month in Monroe, LA, renters typically need to show $3,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Monroe, LA?
In Monroe, LA, the price-to-rent ratio is 14.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends in Monroe, LA

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,250
Median Single Family Home Rent
$1,800
Median Townhouse Rent
$800
Median Condo Rent
$2,800
How to Rent a Home