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Apartments for Rent in Monroe, NC
213 Rentals Available

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Average rent in Monroe, NC

$1,464/mo Monroe, NC average rental price, May 2025
Image Average Rent

The average monthly rent of apartments in Monroe, NC is $1,464.

    Monroe, NC apartment rent ranges

    About 32% of apartment rents in Monroe, NC range between $1,501-$2,000. Meanwhile, apartments around $2,001-$2,500 represent 8% of apartments. Around 49% of Monroe’s apartments are in the $1,001-$1,500 price range. 10% of apartments are priced ≤ $1000.

    Monroe, NC rent trends

    Check out the average rent prices in Monroe by neighborhood.

    Compared to the national average rent of $1,761, the average rent in Monroe, NC is $1,464.

    Getting around in Monroe, NC

    38 /100
    Car-Dependent
    37 /100
    Somewhat Bikeable
    Walk Score®: 38, Bike Score®: 37

    Frequently asked questions

    What are the best apartments in Monroe, NC?

    The best apartments in Monroe, NC are: Woodbrook Apartment Homes, Nottingham Apartments, Elevate Rocky River, Pinewood Trace and Redwood Monroe.

    What is the average rent in Monroe, NC?

    The average rent in Monroe, NC is $1,421.

    What is the price range for a studio apartment in Monroe, NC?

    The price range for a studio apartment in Monroe, NC is between $1,060 and $1,762.

    What is the price range for a 1-bedroom apartment in Monroe, NC?

    The price range for a 1-bedroom apartment in Monroe, NC is between $1,165 and $2,054.

    What is the price range for a 2-bedroom apartment in Monroe, NC?

    The price range for a 2-bedroom apartment in Monroe, NC is between $1,275 and $2,791.

    What is the price range for a 3-bedroom apartment in Monroe, NC?

    The price range for a 3-bedroom apartment in Monroe, NC is between $1,060 and $2,454.

    What type of rental buildings are in Monroe, NC?

    In Monroe, 42% of the residents are renting compared to 58% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 4% of Monroe’s rentals, 47% are small-scale complexes with under 50 units, and 48% are single-family rentals.

    What do typical apartment communities look like in Monroe, NC?

    The average age of rental buildings in Monroe is 34 years old, with 5% being newer apartment buildings completed since 2000. The average height of apartment buildings in the city is 2 stories, of which all are garden-style apartment communities, none are mid-sized buildings, and none are high-rises. These characteristics describe large-scale apartment communities of 50 apartments or more.

    What apartment floorplans are common in Monroe, NC?

    Rental apartments in Monroe come in a range of sizes and floorplans. Studio apartments represent 3% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 29% of the total apartments in the city, while 2-bedroom floorplans represent around 55% of all rentals in Monroe. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.

    Living in Monroe, NC

    Monroe is a small town in North Carolina located 26 miles southeast of downtown Charlotte and 13 miles north of the South Carolina border. Monroe was originally founded in the mid-19th century as an agricultural trading post, and it’s still known for its cozy, rural feel. What’s more, many sites in downtown Monroe are on the National Register of Historic Places. Renters love Monroe’s charming downtown area, which is home to many locally owned restaurants and beautiful historic buildings. Monroe is also known for its excellent schools, which attract many families to rent in the area, and the city even has its own hospital, which provides conveniently located healthcare services. Additionally, lovers of the outdoors also enjoy renting in Monroe due to the town’s proximity to local parks and lakes.

    Renting in Monroe, NC

    Monroe has a wide variety of rental properties, and there’s truly something for everyone looking to rent in this small town. Specifically, the town has a mix of single-family homes; low- and mid-rise apartment buildings; and even some historic lofts. Meanwhile, the downtown area of Monroe is somewhat walkable and, as such, is ideal for renters who want a tight-knit community feel. Outside of downtown, neighborhoods have a sparse, rural feel, so renters get plenty of privacy and outdoor space. Renters are also attracted to Monroe because of its low cost of living: Rents in Monroe are currently much lower than the national average, although they have increased slightly in recent years. Consequently, professionals working in the Charlotte area enjoy the spacious, affordable apartments in Monroe, while still being able to commute to Charlotte.

    Things for renting

    Shopping in Monroe, NC

    When renting in Monroe, you’ll have plenty of shopping options to choose from. Notably, most shops in Monroe are concentrated around the Andrew Jackson Highway. In particular, Monroe Crossing Mall is the city’s largest shopping center and features a mix of department stores, popular chain boutiques and locally owned shops. Other popular shops — like Walmart, Target, and T.J.Maxx — make it easy for Monroe renters to get their essentials in town. Renters also have access to plenty of grocery stores in the area, including Food Lion, Aldi and Compare Foods. There are also many international supermarkets in the area featuring traditional Mexican goods.

    Transportation in Monroe, NC

    Most renters in Monroe opt to drive as this is the easiest way to get around town. Accordingly, rental houses and apartments in Monroe typically offer plenty of parking to accommodate this. Plus, Monroe is located directly off of Route 74, which many local renters use to commute into Charlotte or the surrounding areas. However, traffic in Monroe can be very heavy, especially during rush hour. While Monroe does not currently have any local public transportation options, there are occasional express buses from the Monroe Crossing Mall to downtown Charlotte. Some renters without cars also opt to bike around Monroe, although there aren’t currently many bike routes available.

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    RentCafe is your one-stop shop for finding a great new apartment in Monroe, NC. Easily search through a wide selection of apartments for rent in Monroe, NC, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse Monroe, NC apartments with rents starting from $1,050 and submit your rental application today!

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