Monroe, LA Metro Area - Investment Guide
Metro Area • 16 Cities • 19 ZIP Codes
Avg Home Value
$155,747
Avg Monthly Rent
$967
Avg Cap Rate
5.29%
Avg Investability
3.0 ★
Cities
16
ZIP Codes
19
This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →
Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
⚖️
BALANCED MARKET
Monroe, LA Metro Area
Even conditions for buyers and sellers
58 days
Average time to sell
Average
7.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of August 29, 2026 — updated weekly
Best ZIP codes in Monroe, LA
Every ZIP in the metro, ranked four ways. Free.
Cities in Monroe, LA
Bastrop
Louisiana
1 ZIPs
Bernice
Louisiana
1 ZIPs
Bonita
Louisiana
1 ZIPs
Calhoun
Louisiana
1 ZIPs
Collinston
Louisiana
1 ZIPs
Downsville
Louisiana
1 ZIPs
Eros
Louisiana
1 ZIPs
Farmerville
Louisiana
1 ZIPs
Lillie
Louisiana
1 ZIPs
Marion
Louisiana
1 ZIPs
Mer Rouge
Louisiana
1 ZIPs
Monroe
Louisiana
12 ZIPs
Oak Ridge
Louisiana
1 ZIPs
Spearsville
Louisiana
1 ZIPs
Sterlington
Louisiana
1 ZIPs
West Monroe
Louisiana
2 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 71223 | Bonita | LA | $58,917 | $747 | 9.89% | |
| 71202 | Monroe | LA | $62,043 | $837 | 10.52% | |
| 71202 | Monroe | LA | $51,997 | $837 | 12.56% | |
| 71223 | Bonita | LA | $58,917 | $747 | 9.89% | |
| 71202 | Monroe | LA | $59,041 | $837 | 11.06% | |
| 71223 | Bonita | LA | $67,208 | $747 | 8.67% | |
| 71202 | Monroe | LA | $59,347 | $700 | 9.20% | |
| 71202 | Monroe | LA | $55,799 | $837 | 11.70% | |
| 71223 | Bonita | LA | $73,192 | $747 | 7.96% | |
| 71223 | Bonita | LA | $66,406 | $747 | 8.77% | |
| 71202 | Monroe | LA | $63,235 | $837 | 10.32% | |
| 71202 | Monroe | LA | $51,997 | $837 | 12.56% | |
| 71223 | Bonita | LA | $70,644 | $747 | 8.25% | |
| 71222 | Bernice | LA | $100,989 | $810 | 6.26% | |
| 71291 | West Monroe | LA | $221,871 | $1,272 | 4.47% | |
| 71234 | Downsville | LA | $210,840 | $1,098 | 4.06% | |
| 71261 | Mer Rouge | LA | $81,750 | $747 | 7.13% | |
| 71201 | Monroe | LA | $214,029 | $1,620 | 5.90% | |
| 71292 | West Monroe | LA | $151,759 | $922 | 4.74% | |
| 71241 | Farmerville | LA | $188,873 | $810 | 3.35% | |
| 71277 | Spearsville | LA | $114,099 | $810 | 5.54% | |
| 71229 | Collinston | LA | $147,799 | $810 | 4.27% | |
| 71256 | Lillie | LA | $102,364 | $810 | 6.17% | |
| 71203 | Monroe | LA | $188,051 | $1,350 | 5.60% | |
| 71280 | Sterlington | LA | $225,600 | $1,197 | 4.14% | |
| 71220 | Bastrop | LA | $92,566 | $756 | 6.37% | |
| 71291 | West Monroe | LA | $210,886 | $1,298 | 4.80% | |
| 71234 | Downsville | LA | $188,465 | $1,098 | 4.54% | |
| 71260 | Marion | LA | $132,760 | $810 | 4.76% | |
| 71201 | Monroe | LA | $209,414 | $1,483 | 5.52% | |
| 71261 | Mer Rouge | LA | $90,345 | $747 | 6.45% | |
| 71222 | Bernice | LA | $112,868 | $810 | 5.60% | |
| 71292 | West Monroe | LA | $148,138 | $875 | 4.61% | |
| 71264 | Oak Ridge | LA | $186,619 | $783 | 3.27% | |
| 71223 | Bonita | LA | $75,249 | $747 | 7.74% | |
| 71241 | Farmerville | LA | $170,596 | $810 | 3.70% | |
| 71256 | Lillie | LA | $97,004 | $810 | 6.51% | |
| 71203 | Monroe | LA | $180,842 | $899 | 3.88% | |
| 71277 | Spearsville | LA | $127,511 | $810 | 4.95% | |
| 71225 | Calhoun | LA | $247,829 | $891 | 2.80% | |
| 71229 | Collinston | LA | $160,703 | $810 | 3.93% | |
| 71260 | Marion | LA | $113,865 | $810 | 5.55% | |
| 71220 | Bastrop | LA | $79,695 | $756 | 7.40% | |
| 71280 | Sterlington | LA | $234,686 | $1,197 | 3.98% | |
| 71222 | Bernice | LA | $100,989 | $810 | 6.26% | |
| 71291 | West Monroe | LA | $220,056 | $1,254 | 4.45% | |
| 71234 | Downsville | LA | $211,831 | $1,098 | 4.04% | |
| 71261 | Mer Rouge | LA | $79,404 | $747 | 7.34% | |
| 71201 | Monroe | LA | $213,049 | $1,377 | 5.04% | |
| 71264 | Oak Ridge | LA | $174,765 | $783 | 3.49% |
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →Free to search · investor plans from $19/mo
The wrong ZIP kills a good deal — screen every market.
Open the Market Finder →
About Monroe, LA Real Estate Market
The Monroe, LA metropolitan statistical area (MSA) encompasses 16 cities and 19 ZIP codes. The average home value across the metro is $155,747, with an average monthly rent of $967. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.