Monroe, LA Real Estate

According to census data in the year 2000 there were 21,319 housing units in Monroe. This represents a 1.3% decline from 21,610 in 1990.

Of those housing units, 21,304 were located in either urbanized areas or urban clusters, and 15 were located in what is classified as a rural area.

Homeownership rate in Monroe is about 49.3%. Monroe's vacancy rate, including seasonal lodging, is about 8.9%. Average household size is 2.54 people.

The majority of houses, apartments or condos in Monroe were built after 1967.


Housing Size

Housing Units by Size
Studio Type2.80%
One Bedroom16.60%
Two Bedrooms30.10%
Three Bedrooms36.80%
Four Bedrooms11.90%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.72
Median year structure was built1965
Median Value of occupied units$72,300
Median Price asked for vacant units$51,800

Rented Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1969
Median Monthly Rent asked for vacant units$325

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage6.90%
Home Equity Loan3.90%
Simple Mortgage48.60%
Debt Free40.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.4%