Monroe, LA is a vibrant and lively city that is experiencing a rental market boom. The city is located in the northeastern corner of Louisiana and is the 8th largest city in the state. The city offers a variety of rental options for those looking for an affordable place to live.
The best schools in Monroe, LA are the University of Louisiana at Monroe, Grambling State University, and Ouachita Baptist University. These universities offer a variety of courses and degrees in liberal arts, business, and education. The city also has several public schools, including Richwood Elementary School, Wossman High School, and Neville High School.
The best neighborhoods in Monroe, LA are Downtown Monroe, Richwood, and University Park. These neighborhoods are all close to the universities and offer a variety of amenities. Downtown Monroe is a popular residential area with a lot of restaurants, shops, and entertainment. Richwood is a suburban neighborhood with a lot of single-family homes. University Park is an up-and-coming neighborhood with a lot of student housing near the universities.
The average price for a rental in Monroe, LA is around $950 per month. The price varies depending on the size and location of the rental. Apartments and townhouses
The average rental prices for an apartment, townhouse, condo, loft, and single family home in Monroe, LA are as follows:
Apartment: $690
Townhouse: $900
Condo: $800
Loft: $750
Single Family Home: $1,000
Rental prices in Monroe, LA have increased significantly over the past five years. According to Zillow, the median rent for a one-bedroom apartment in Monroe has gone from $650 in 2016 to $825 in 2021, a 27% increase. Similarly, the median rent for a two-bedroom apartment has risen from $800 in 2016 to $1,095 in 2021, a 36% increase.
1-Bedroom: $749
2-Bedroom: $950
3-Bedroom: $1,095
Monroe, LA school districts generally perform well when compared to other school districts in the United States. The district has a graduation rate of 81.6% compared to the national average of 84.6%. Monroe also scores above the national average on tests such as the ACT, with an average composite score of 20.8 compared to the national average of 21. Monroe students also have a higher than average rate of attendance. This could be attributed to the district's commitment to providing a safe and supportive learning environment.
1. Sterlington
2. Parkview
3. Pecanland Mall
4. University of Louisiana at Monroe
5. Forsythe Park
1. Garden District
2. Swan Lake
3. Downtown Monroe
4. Quail Creek
5. University Heights