Example household · $83,730 · same pay · 1 adult

Monroe

Housing in Monroe, LA: Rent, Home Prices & Property Tax

$2,739 left/mo

$860/mo (1 bd) in Monroe. Median home $163,000. Property tax 0.46%.

Rent (1-bedroom)
$860
/mo
Buy
$1,101
Mortgage, tax, insurance
Buying costs more
$241
/mo

To buy

  • 20% down payment$32,600
  • Mortgage at 7.24%$889
  • Property tax (0.46% of value)$62/mo · $750/yr
  • Insurance and upkeep$149
  • Monthly total$1,101

Months to 20% down

$2,739 left each month. About 12 months (1.0 years) to save $32,600.

Rent is Zillow asking rent. The price is the Census median home value. The mortgage is a 30-year fixed at 7.24%, the Freddie Mac PMMS average for the week of Oct 29, 2026, with 20% down.

Guide: state tax and rent when you compare cities

Moving from Monroe

Take-home by job in Monroe

Pay and leftover for every job in Monroe

Other Louisiana metros

All Louisiana metros

Compare Monroe

Next stepSafetyCrime, heat, and the commute.