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West Monroe, LA Real Estate


According to census data in the year 2000 there were 6,300 housing units in West Monroe. This represents a 4.3% decline from 6,582 in 1990.

Of those housing units, 6,300 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in West Monroe is about 51.7%. West Monroe's vacancy rate, including seasonal lodging, is about 9.3%. Average household size is 2.25 people.

The majority of houses, apartments or condos in West Monroe were built after 1964.

Statistics

Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom12.70%
Two Bedrooms38.80%
Three Bedrooms39.70%
Four Bedrooms6.70%
Five Bedrooms or more0.40%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.32
Median year structure was built1960
Median Value of occupied units$74,300
Median Price asked for vacant units$62,500

Rented Homes, Apartments and Condos

Average Household Size2.17
Median year structure was built1969
Median Monthly Rent asked for vacant units$312

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.20%
Home Equity Loan4.40%
Simple Mortgage37.30%
Debt Free52.10%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs13.6%