Rental numbers for the Monroe, LA metro
The typical home here runs -$412 a month at 7.78% with 25% down, breaking even at about 2.5%. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 9.3%.
- Gross yield
- 8.2%
- typical home, Zillow
- Median ZIP yield
- 9.3%
- 4 ZIPs with full data
- Cash flow
- -$412/mo
- at 7.78%, 25% down
- Typical price
- $170,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,167/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
19 with published figures
| 71202Monroe | $63,000 | $749 | 14.2% | 5.4% | -$55 | n/a |
| 71223Bonita | $73,000 | $830* | 13.6% | 5.5% | -$62 | n/a |
| 71261Mer Rouge | $91,000 | $830* | 10.9% | 4.1% | -$179 | n/a |
| 71256Lillie | $101,000 | $900* | 10.7% | 3.9% | -$215 | n/a |
| 71220Bastrop | $96,000 | $840* | 10.5% | 4.0% | -$198 | n/a |
| 71222Bernice | $110,000 | $900* | 9.8% | 3.8% | -$249 | n/a |
| 71203Monroe | $189,000 | $1,460 | 9.3% | 4.5% | -$309 | n/a |
| 71201Monroe | $215,000 | $1,658 | 9.3% | 4.7% | -$310 | n/a |
| 71277Spearsville | $129,000 | $900* | 8.3% | 3.0% | -$377 | n/a |
| 71260Marion | $132,000 | $900* | 8.2% | 3.2% | -$363 | n/a |
| 71229Collinston | $155,000 | $900* | 7.0% | 2.4% | -$525 | n/a |
| 71234Downsville | $211,000 | $1,220* | 6.9% | 2.9% | -$630 | n/a |
| 71292West Monroe | $165,000 | $939 | 6.8% | 2.3% | -$575 | n/a |
| 71280Sterlington | $235,000 | $1,330* | 6.8% | 2.8% | -$714 | n/a |
| 71291West Monroe | $221,000 | $1,120* | 6.1% | 2.2% | -$788 | n/a |
| 71241Farmerville | $186,000 | $900* | 5.8% | 1.6% | -$758 | n/a |
| 71238Eros | $196,000 | $940* | 5.8% | 1.6% | -$798 | n/a |
| 71264Oak Ridge | $190,000 | $870* | 5.5% | 0.9% | -$885 | n/a |
| 71225Calhoun | $251,000 | $990* | 4.7% | 1.2% | -$1,096 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.9%
- Rent, 12 months
- +9.2%
- Rent minus price growth
- +6.3 pts
- Property tax
- 0.49%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $153,448 | n/a |
| Aug 2022 | $168,926 | $835 |
| Aug 2023 | $166,446 | $871 |
| Aug 2024 | $171,211 | $927 |
| Aug 2025 | $165,528 | $1,069 |
| Aug 2026 | $170,360 | $1,167 |
Counties
- Ouachita Parish, LA9.3% median yield
- Morehouse Parish, LAn/a median yield
- Union Parish, LAn/a median yield
Tools
Questions
- Is the Monroe, LA metro good for rental property?
- The typical home here runs -$412 a month at 7.78% with 25% down, breaking even at about 2.5%. 0 of 4 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 9.3%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Monroe, LA metro have the highest rental yield?
- 71202 (Monroe) at 14.2%, 71203 (Monroe) at 9.3%, 71201 (Monroe) at 9.3%, on Zillow value and rent. The full table above sorts by any column.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.