East Monroe renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in East Monroe is about $663 per month. This puts it in the 15th percentile compared to the state average cost of rent, which is $964. Households in East Monroe have a median income of $5,982 per month so the average renter in East Monroe is spending roughly 11% of their earnings on housing.
Nationally, and in East Monroe, home values are the data point most closely correlated with the cost of rent. The median price of a home in East Monroe is $117,662 right now, which is lower than nearby cities, meaning that rents in East Monroe also tend to be lower versus these nearby cities.
Higher rent prices are common in the eastern parts of East Monroe while lower rent rates are often available in northern areas.
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