Monroe Fair Market Rent FY 2022 Monroe, LA HUD Metro FMR Area Rental Data

Fair Market Rent prices in Monroe are average compared to the national average. This FMR area is more expensive than 54% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Monroe is $815 per month.

This FMR rate applies to Fairbanks, LA, Swartz, LA, West Monroe, LA, Monroe, LA and other cities within the region. The Metro Code or CBSA code for this region is METRO33740M33740.

Additionally, This Fair Market Rent (FMR) area Monroe, LA HUD Metro FMR Area spans one county or city in Louisiana which is listed in the table below. Estimated population of Monroe, LA HUD Metro FMR Area FMR area is 156,435 people based on latest Census data.

Compared to the rest of Louisiana, the Monroe FMR area is more expensive than 69% of the state.

Median Rent Prices in Monroe

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50^th Percentile Rental Prices: