Rentometer, Inc. | Data as of 10/23/2025
Monroe’s vibrant metro area blends historic charm with modern convenience, offering renters a diverse selection of housing options. From sleek studio apartments in the revitalized downtown corridor to spacious multi‑bedroom homes in the family‑friendly West Monroe neighborhoods, the market accommodates everything from young professionals to growing families. Residents enjoy easy access to the River Raisin waterfront, the historic Monroe‑St. Mary’s River State Trail, and cultural attractions such as the Monroe County Historical Museum and the Bradley Air Museum.
Rental rates reflect the range of available properties. Studio apartments typically fall in the $700s, while one‑bedroom units hover around the $900s, making city‑center living affordable for those seeking convenience. Larger apartments and single‑family homes command higher price points, with three‑bedroom options often reaching the $1500s to $1700s, and premium four‑plus bedroom houses climbing into the $2000 range. This spectrum ensures that renters can find a space that aligns with both their budget and lifestyle preferences.
Beyond housing, Monroe boasts a strong sense of community and a variety of amenities. The bustling Monroe Center district offers dining, shopping, and entertainment, while nearby lakeshore parks provide ample outdoor recreation. Excellent schools, convenient commuter routes to Detroit and Toledo, and a growing job market make Monroe an attractive destination for long‑term renters looking to settle in a welcoming, well‑connected metro environment.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $743 | $749 | $589 - $885 | $699 - $885 |
| Apartment | 1 Bedroom | $993 | $950 | $689 - $1,450 | $850 - $1,200 |
| Apartment | 2 Bedroom | $1,255 | $1,160 | $799 - $1,867 | $1,050 - $1,500 |
| Apartment | 3 Bedroom | $1,513 | $1,435 | $1,149 - $1,999 | $1,210 - $1,800 |
| House | 2 Bedroom | $1,193 | $1,100 | $775 - $2,200 | $950 - $1,350 |
| House | 3 Bedroom | $1,726 | $1,700 | $995 - $2,500 | $1,550 - $1,850 |
| House | 4+ Bedroom | $2,165 | $2,195 | $1,650 - $2,650 | $1,650 - $2,650 |
In the current period, the average rent in Monroe, MI was $743 for Studio, $993 for 1 Bedroom, $1,240 for 2 Bedroom, $1,644 for 3 Bedroom, and $2,165 for 4+ Bedroom.
Data provided by Rentometer, Inc.