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Monroe, LA Condos for Rent

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  • /13

    $750

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    302 Pecan Dr Unit B, Monroe, LA 71203

    Duplex - Unit B available for lease. 1 beds, 1 bath, central heat and air. Washer/dryer connections. Large fenced backyard and Patio. Must pay own utilities and mow own portion of unit. NO PETS. Available 7/1/2026. Contact us now to schedule tour. $750 Rent/ $750 deposit. Must pass background check.

    302 Pecan Dr Unit B, Monroe, LA 71203
  • /4

    $775 Per Month

    • 3 Beds
    • 1 Bath
    • 775 Sq Ft
    • Marx street

    815 Marx St Unit 1, Monroe, LA 71202

    3 bedroom, 1 bath unit available. This home features central AC/heat, fresh paint, and new floors throughout. Water and trash are included, making it a comfortable and convenient place to call home.

    815 Marx St Unit 1, Monroe, LA 71202
  • /2

    $575 Per Month

    • 1 Bed
    • 1 Bath
    • 500 Sq Ft
    • Marx street

    815 Marx St Unit 2, Monroe, LA 71202

    newly renovated 1-bedroom, 1-bathroom duplex unit, complete with essential appliances for your convenience.

    815 Marx St Unit 2, Monroe, LA 71202

Frequently Asked Questions

How much does it cost to rent a condo in Monroe, LA?
The median rent for a condo in Monroe, LA is $763 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in Monroe, LA?
To comfortably afford the median rent in Monroe, LA, a household needs to earn roughly $50,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,250 per month in Monroe, LA, renters typically need to show $3,750 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Monroe, LA?
In Monroe, LA, the price-to-rent ratio is 14.1, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Monroe, LA

Rental Home Trends

Number of Condos for Rent
3
Median Condo Rent
$763
Median 1 Bedroom Condo Rent
$663
Median 2 Bedroom Condo Rent
$2,800
Median 3 Bedroom Condo Rent
$775
How to Rent a Home