Property Prices in Monroe, LA, United States
| Index |  |
|---|---|
| Price to Income Ratio: | 5.92 |
| Mortgage as Percentage of Income: | 74.54% |
| Loan Affordability Index: | 1.34 |
| Price to Rent Ratio - City Centre: | 12.32 |
| Price to Rent Ratio - Outside of Centre: | 13.69 |
| Gross Rental Yield (City Centre): | 8.12% |
| Gross Rental Yield (Outside of Centre): | 7.31% |
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Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 1,025.00 $ | |
| Apartment (1 bedroom) Outside of Centre | 775.00 $ | |
| Apartment (3 bedrooms) in City Centre | 2,550.00 $ | |
| Apartment (3 bedrooms) Outside of Centre | 1,900.00 $ | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 300.00 $ | |
| Price per Square Feet to Buy Apartment Outside of Centre | 250.00 $ | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 2,500.00 $ | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.25 |
These data are based on 14 entries in the past 18 months from 2 different contributors.
Last update: October 2024
Sources and References
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Nearby cities:| Property Prices in Little Rock, Arkansas | 176.75 miles |
| Property Prices in Baton Rouge, Louisiana | 187.40 miles |
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