Affordable
40th Percentile
Metro Area
Fair Market Rent prices in Monroe are
low
compared to the national average.
This FMR area is less expensive
than
56%
of other FMR areas.
Fair Market Rent for a two-bedroom apartment in Monroe is $675 per month.
The previous year, rent for a two-bedroom home was $693 per month.
This is a 2.6% decrease year-over-year.
This FMR rate applies to Fairbanks, LA, Swartz, LA, West Monroe, LA, Monroe, LA and other cities within the region.
The Metro Code or CBSA code for this region is METRO33740M33740.
Additionally, This Fair Market Rent (FMR) area Monroe, LA MSA spans one county or city in Louisiana which is listed in the table below.
Estimated population of Monroe, LA MSA FMR area is 153,720 people based on latest Census data.
Compared to the rest of Louisiana, the Monroe FMR area is
less expensive than
61% of the state.