Median rent for residential in as of May, 2022.
Remember to negotiate your rent according to median rental prices. Also, take into account that the price depends on the size/amenities of the apartment.
20 Monroe, NC, USA apartments for rent
Monroe
Monroe, NC has a population of 34,368, while the median age is 34. The household income in Monroe, NC is around $45,803. The homeownership rate among the residents is 57%. The median residential property value in Monroe, NC that you should keep in mind is $147,300.
| Population | 34,368 |
| Median Age | 33.5 |
| Poverty Rate | 21% |
| Household Income | $45,803 |
| Number Of Employees | 15,834 |
| Median Property Value | $147,300 |
Business & Economy
Wage by Common Jobs
Average salary in Monroe, NC: $42,891
- 1. Miscellaneous managers$92,534
- 2. Registered nurses$59,449
- 3. Firstline supervisors of retail sales workers$48,649
- 4. Retail salespersons$42,583
- 5. Driver/sales workers & truck drivers$42,184
Highest Paid Occupations
Numbers claim that the highest paid jobs in Monroe, NC are Computer & Mathematical Occupations, Computer, Engineering, Science Occupations, Health Diagnosing & Treating Practitioners & Other Technical Occupations, Architecture & Engineering Occupations and Management Occupations.
Highest Paid Industries
Keeping in mind that the employment rate changed by 4% recently, there must be a strong understanding of industries people of Monroe, NC work in. The highest paid industries are Information, Finance & Insurance, Finance & Insurance, Real Estate & Rental & Leasing, Public Administration and Educational Services.
Demographics
Race & Ethnicity
According to latest census, Monroe, NC is a home for 65% white residents. The second common group is black with 25% residents. The list of the most common racial or ethnic groups is closed by latino with 7% residents.
Non-English Speakers
Education
Past year Monroe, NC universities awarded around 294,600 degrees. Statistics show that the population of students in Monroe, NC includes 147,300 female students and 147,300 male students. Monroe, NC offers private and public tuition with a median cost of $n/a for private four-year colleges and $n/a for in-state public four-year colleges. The largest university of this city is the Regina's College of Beauty-Monroe with the majority of graduates. The share of the public colleges in Monroe, NC is n/a and 100 go to the private colleges.
Universities
- 1. Regina's College of Beauty-Monroe24 graduates
Public vs Private
Health and Safety
Primary care physicians in Monroe, NC see an average of 1,650 patients, dentists 3,841 patients, metal health providers 896 patients, and other healthcare providers 2,138 patients per year.
Transportation
Commute Time
Average travel time: 24.17 minutes
Commuter Transportation
Citizens of Monroe, NC travel to their offices around 24 minutes lately and drove alone to get there. The rest of the residents carpooled and worked at home.
Housing Trends
How much is an apartment in Monroe, NC, USA
Average rent in Monroe: $1,818 (-7.2%)
| Rent Price | May | vs Last Month |
|---|---|---|
| 1 bed rentals | $599 | N/A |
| 2 bed rentals | $1,000 | +0% |
| 3 bed rentals | $1,691 | -13.1% |
| 4+ bed rentals | $2,188 | -6.7% |
Over the May 2022, the average rent for an apartment in/near Monroe, NC decreased by 7.2% to $1,818.
Breaking it down in details, we now see that the average price for 1-bed apartment stands at $599 with no changes this month. Pricing for 2-bed apartment remains the same, a place of this size will still cost you $1,000. Reports state that an average 3-bed apartment pricing did not change, so you can still get yourself one for $1,691. Consequently, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $2,188 for a big-family home.
| Rent Type Price | May | vs Last Month |
|---|---|---|
| Loft rentals | $2,325 | -4% |
| House rentals | $1,620 | -18.2% |
| Condo rentals | $900 | N/A |
| Apartment rentals | $2,500 | N/A |
| Other rentals | $2,081 | N/A |
Looking at the median rent price for an apartment in Monroe, NC, you can note that it remains flat with a price tag of $2,500. The median rent for a house is still $1,620 with no significant changes this month. Condo for rent is now available for the same pricing as previously — $900. The median rent for a loft did not face significant changes this time, it now still goes for $2,325.
Rent vs Own
Popular Searches
View City Information