| Monroe, LA | |
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| State | Louisiana |
| Population | 48,241 |
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Compared to other places in this area, Monroe is substantially more expensive, and it is a lot less expensive compared to the country as a whole.
Monroe's median home price is $139,600. This is about $42,917 (44%) higher compared to other places in this area.In comparison to the entire nation it is approximately $77,900 (35%) lower.
In Monroe the median monthly rent is $702. It is about $70 (9%) lower compared to its surrounding areas.Compared to the nation as a whole it is about $360 (33%) lower.
Lakeshore is Monroe's neighbor to the northeast. Real estate prices there are a bit less expensive. Lakeshore's median home value is $123,200, which comes out to $16,400 (13%) lower than Monroe. The rent there is a little more expensive. The median rent in Lakeshore is $1,013 per month, which is $311 (30%) higher than Monroe.
West Monroe is Monroe's neighbor to the west. The real estate prices there are fairly similar. The median home in West Monroe is valued at $133,100, which is $6,500 (4%) lower than Monroe. The rent there is a little more expensive. The median monthly rent in West Monroe is $744, which comes out to $42 (5%) higher than Monroe.
Richwood is Monroe's neighbor to the south. The housing prices there are substantially less expensive. The median home in Richwood is valued at $48,600, which comes out to $91,000 (187%) lower than Monroe. Its rents are somewhat less expensive. Richwood's median monthly rent is $556, which works out to $146 (26%) lower than Monroe.
Brownsville is about 4 miles southwest from Monroe. The real estate prices there are significantly less expensive. The median home in Brownsville is valued at $66,200, which comes out to $73,400 (110%) lower than Monroe. Its rents are a little less expensive. The median rent in Brownsville is $665 per month, which works out to $37 (5%) lower than Monroe.
Bawcomville is about 6 miles southwest from Monroe. Its real estate prices are significantly less expensive. The value of the median home in Bawcomville is $55,600, which comes out to $84,000 (151%) lower than Monroe. The rent there is pretty similar. The median rent in Bawcomville is $690 per month, which is $12 (1%) lower than Monroe.
Claiborne is roughly 6 miles west from Monroe. The housing prices there are somewhat more expensive. The value of the median home in Claiborne is $153,400, which comes out to $13,800 (8%) higher than Monroe. Its rents are a little more expensive. In Claiborne the median monthly rent is $963, which works out to $261 (27%) higher than Monroe.