The Most Affordable Neighborhoods in North Monroe, LA by Home Value

 

North Monroe, LA Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the North Monroe area can be challenging. Home prices in North Monroe are now at a median cost of $179,328, lower than the Louisiana average of $194,522.

The average cost of rent is $1,157/mo in North Monroe, primarily driven by the current value of real estate in the North Monroe area. While nearly 36.68% of residents own their homes outright in North Monroe, 19.02% rent.

Housing affordability isn’t just about home prices, though. The average household income in North Monroe is $7,846 per month. Households that rent pay about 14.75% of their income on rent here. North Monroe's most expensive areas are in the southern regions, while the cheapest areas are in the central parts of the city.


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