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Monroe, WA Homes for Rent

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  • /40

    Starting at $1,830 Per Month

    • 1 - 3 Beds

    18463 Blueberry Ln, Monroe, WA 98272

    Terra @ Monroe is conveniently located in the center of Monroe, close to dining, shopping and the charm of small town living. A short drive puts you at Stevens Pass or at work in Redmond, Everett, Woodinville, and Bellevue. Our apartment communities feature great amenities: beautiful landscaping, fitness center, and the only swimming pool in town. We are committed to providing a community that

    Terra @ Monroe

    (206) 495-4590

    18463 Blueberry Ln, Monroe, WA 98272
  • /11

    Starting at $1,795 Per Month

    • 2 - 3 Beds

    700 W Maple St, Monroe, WA 98272

    Parkside Apartments is your new waypoint, well located in Snohomish County and close to shops, dining, and nearby parks. All of our spacious homes come outfitted with an in-home washer and dryer and high-end wood-style flooring, seamlessly blending form and function. Parkside Apartments also invites your cat or dog to make the move with you. We know theyll love the cozy layouts and patios

    Parkside

    (360) 743-7702

    700 W Maple St, Monroe, WA 98272

Why Live in Monroe

Monroe, WA, a small town with a population of over 19,000, is located in the foothills of the Cascade Mountains and near the Skykomish and Snoqualmie Rivers, providing picturesque views and numerous outdoor activities. The town is known for its vibrant artistic community, highlighted by hyper-realistic murals by local artist David Hose. Monroe's local businesses and diverse houses of worship, including the Ahmadiyya Muslim Community Seattle and Kriga Yoga Institute Monastery, reflect its cultural richness. Historically significant as a timber hub and home to the Carnation condensed milk plant, Monroe has evolved into a more metropolitan area focused on resident well-being through initiatives like Imagine Monroe. Housing options range from early 1900s homes in Old Town to suburban neighborhoods like Fryelands, with new constructions on the north side. The town is a gateway to recreation, with Al Borlin Park offering forest paths and river access, and Lake Tye providing swimming and fishing opportunities. The Evergreen State Fairgrounds host the annual Evergreen State Fair and other events, including NASCAR races and horse shows. Downtown Monroe features local shops and dining options, such as Lewis and Main. Major thoroughfares include Route 522, Route 2, and Route 203, with Community Transit offering commuter bus lines to Everett and Seattle. The nearest major airport is Seattle-Tacoma International Airport, 45 miles away, with Paine Field in Everett serving shorter flights. Monroe's public education system receives a moderate rating, and the town has seen a recent decrease in property crime. However, it faces major air quality risks and moderate heat and wildfire risks.

Frequently Asked Questions

How much does it cost to rent a home in Monroe, WA?
The median rent for a home in Monroe, WA is $2,600 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Monroe, WA?
To comfortably afford the median rent in Monroe, WA, a household needs to earn roughly $104,000 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 $2,600 per month in Monroe, WA, renters typically need to show $7,800 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, WA?
In Monroe, WA, the price-to-rent ratio is 25.6, 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.
What neighborhoods in Monroe, WA are best for renting a home?
The best neighborhood for renting in Monroe, WA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Silver Lake, Queensborough-Brentwood, Paine Field-Lake Stickney, Downtown Woodinville and Thrasher's Corner-Red Hawk, each with its own character and price range.

Rental Trends in Monroe, WA

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$2,600
Median Single Family Home Rent
$3,170
Median Townhouse Rent
$2,250
Median Condo Rent
$2,000
How to Rent a Home