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3 Bedroom Apartments for Rent in Monroe, NC - 11 Rentals available

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Monroe, NC Demographics

  • Total Population33,951
  • Female 16,524
    Male 17,427
  • Median Age33

Average Rent for 3 Bedroom apartments in Monroe, NC

  • The average rent for a 3 Bedroom apartment in Monroe, NC, November 2018$826/mo
  • 1 Bedroom$723
  • 2 Bedrooms$858
  • 3 Bedrooms$984

Monroe, NC 3 Bedroom Apartment Rent Ranges

  • $501-$7007%
  • $701-$1,00068%
  • $1,001-$1,50025%

Monroe, NC 3 Bedroom Apartment Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Nov / 2018 $826 $984
Jan / 2018 $826 $984
Sept / 2017 $827 $1,035
May / 2017 $820 $991
Jan / 2017 $770 $952
Sept / 2016 $764 $919
May / 2016 $783 $973
Jan / 2016 $756 $916
Sept / 2015 $771 $876
May / 2015 $745 $881
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Monroe, NC Households

  • Total Number of Households11,390
  • Family 8,394
    Non-family 2,996
  • Children 4,753
    No Children 6,637
  • Average People Per Household2.94
  • Median Household Income$42,186
  • Median Housing Costs Per Month$921

Monroe, NC Education Statistics

  • No High School12%
  • Some High School43%
  • Some College23%
  • Associate Degree6%
  • Bachelor Degree12%
  • Graduate Degree4%

Renting a 3 bedroom apartment in Monroe, NC

Upgrading to a 3 bedroom apartment can have its pros and cons. Most renters who are looking for a three bedroom rental is because they need extra space for a home office, or for a child. This size apartment is also practical to share with roommates as it actually saves money on rent when 3 or 4 people get together to rent a 3 bedroom unit. They are very spacious, averaging around 1,286 Sqft. Or you can get even more space if you select “3+” beds in the top menu. The only down side is that they cost more. In Monroe, NC, rents on 3 bedroom apartments go up to $1,595. 7 rental properties offer 3 bedroom units in Monroe, NC to choose from. You are more likely to find 3 bedroom apartments in primarily residential neighborhoods, away from business districts and urban cores.

Tips on finding a cheap 3 bedroom apartment in Monroe, NC

For most renters, the cost of rent is the major pain point. The larger the apartment, the more money comes out of their pocket. For that reason, cheap 3 bedroom apartments are in high demand and hard to come by. Though rent prices can go as low as $750 in Monroe, NC, the market is still tight. But with a little diligence and some handy search tools, you will find an affordable apartment. Try an area that’s further away from the main city attractions, or try an older building that may have cheaper apartments and a ton of charm. Try searching in more affordable neighborhoods, like Arbor Creek or another nearby. Sometimes lower-priced residential areas have diversity and ethnic authenticity that lend them a lot of character and color.