Monroe, LA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Monroe short-term rental market based on reliable data.

Listings

240 / 514

Reliable / Active

Cap Rate

18%

Middle-Earners Gross Yield

Revenue

$25,716

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$146,302

Median Home Sale Price

Top Earners

$42,076

Top-Earners Revenue

Monroe

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Monroe.

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C

Challenging to Investors

Monroe Regulations

Monroe allows STRs but lacks a clear city permit, pushing operators into Ouachita Parish zoning (permits/inspections) while neighboring West Monroe imposes registration, inspection, and a 4% occupancy tax. This mix of unclear city rules, extra layers of compliance, and variable local taxes raises investor risk and cost, making operations challenging though technically legal.

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About Monroe

Monroe is the eighth-largest city in the U.S. state of Louisiana, and parish seat of Ouachita Parish. With a 2020 census-tabulated population of 47,702, it is the principal city of the Monroe metropolitan statistical area, the second-largest metropolitan area in North Louisiana. Pecanland Mall is located in Monroe.

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