What's the average rent in Monroe, MI?

Rental Market Trends in Monroe, MI

SOURCE: TRULIA DATA

Rental market highlights

As of November 2026, the average rent in Monroe, MI is $1,039 per month, which is 46% lower than the national average rent of $1,932 per month.

AVERAGE RENT

$1,039

4.3%$43 increase month-over-month

15.4%$139 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$1,170

HOUSES

$1,100

TOWNHOUSES

$1,199

As of November 2026, houses are the most affordable rental option in Monroe, MI at $1,100 per month, while townhomes are the most expensive at $1,199 per month. Apartments average $1,170 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$923
2 Bedrooms	$1,095
3 Bedrooms	$1,389
4 Bedrooms	$1,669
All	$1,039

As of November 2026, the average rent for a 1 bedroom rental in Monroe, MI is $923 per month, followed by $1,095 for a 2 bedroom rental, $1,389 for a 3 bedroom rental, and $1,669 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,199
3 Bedrooms	$1,750
4 Bedrooms	—
All	$1,199

As of November 2026, the average rent for a 2 bedroom townhome in Monroe, MI is $1,199 per month, followed by $1,750 for a 3 bedroom townhome.

Floor plan type	Average rent
1 Bedroom	$925
2 Bedrooms	$1,050
3 Bedrooms	$1,100
4 Bedrooms	—
All	$945

As of November 2026, the average rent for a 1 bedroom apartment in Monroe, MI is $925 per month, followed by $1,050 for a 2 bedroom apartment, and $1,100 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	$700
2 Bedrooms	$1,100
3 Bedrooms	$1,500
4 Bedrooms	$2,000
All	$1,100

As of November 2026, the average rent for a 1 bedroom house in Monroe, MI is $700 per month, followed by $1,100 for a 2 bedroom house, $1,500 for a 3 bedroom house, and $2,000 for a 4 bedroom house.