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Monroe, LA Real Estate

Monroe is a city in Ouachita County, Louisiana with a population of about 47,241. The median home value is near $174,800, and median rent runs around $823/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$174,800
Median Rent
$823/mo
Population
47,241
Median Income
$36,521
Median Age
34.7
Homeownership
45.1%

Monthly payment on a median Monroe home

Example for a $174,800 home: 20% down, 30-yr at ~6.75%, LA property tax ~0.56%, 0.4% insurance.

Est. monthly (PITI)
$1,047
Principal & interest
$907
Property tax / mo
$82
Down payment (20%)
$34,960

Monroe at a glance

  • 16.8% of residents 25+ hold a bachelor's degree or higher.
  • 45.1% of occupied homes are owner-occupied.
  • Median household income is $36,521.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

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