Apartments & Homes for Rent in 28110

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What to Know About

Life in Monroe & Beyond

Monroe shares many of the great qualities that make North Carolina a desirable place to live.

North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Monroe, NC

As of April 2025, Monroe's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Monroe's average rent is 12.1% ($196) higher than the North Carolina average of $1,618 and 0.8% ($15) higher than the U.S. average of $1,799.

Average Rent
$1,814
Monthly ChangeMonth Over Month Change
Increased0.9% ($17)
Yearly ChangeYear Over Year Change
Decreased3.7% ($69)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,407 Decreased2.3% ($33) Decreased0.1% ($1)
2 Beds $1,596 Decreased0.7% ($11) Increased1.3% ($21)
3 Beds $1,966 Increased2.3% ($45) Increased2.3% ($45)
Nearby Cities Average Rent Avg. Rent vs. MonroeAverage Rent vs. Monroe Avg. Days on MarketAverage Days on Market
Wingate $1,483 Decreased18.2% ($331) 33 days
Indian Trail $1,658 Decreased8.6% ($156) 29 days
Waxhaw $1,588 Decreased12.5% ($226) 30 days
Matthews $1,842 Increased1.5% ($28) 30 days
Midland $2,048 Increased12.9% ($234) 28 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Monroe Rental Market FAQs

Explore rental prices, market trends, and availability in Monroe, NC.

The average rent in Monroe, NC is $1,814 per month.
Homes in Monroe typically rent for between $985 and $2,556 per month, with an average of $1,814 per month.
In Monroe, the average rent for a 1-bedroom home is $1,407 per month, for a 2-bedroom home, $1,596 per month, and a 3-bedroom home is $1,966 per month.
The average rent in Monroe is 0.8% ($15) higher than the national average of $1,799 per month.
The average rent in Monroe has increased by 0.9% ($17) in the last month and decreased by 3.7% ($69) over the past year.
The rental market in Monroe, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Monroe, NC, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 61 rental properties available in Monroe, NC.
Based on the current averages, a household would need an annual income of $63,840 to comfortably afford a 2-bedroom home in Monroe.
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