What's the average rent in Monroe, MI?

Rental Market Trends in Monroe, MI

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Monroe, MI is $1,150 per month, which is 40% lower than the national average rent of $1,910 per month.

AVERAGE RENT

$1,150

15.0%$150 increase month-over-month

21.1%$200 increase year-over-year

AVAILABLE RENTALS

APARTMENTS

$988

HOUSES

$1,700

TOWNHOUSES

$1,150

As of May 2026, apartments are the most affordable rental option in Monroe, MI at $988 per month, while houses are the most expensive at $1,700 per month. Townhomes average $1,150 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan type	Average rent
1 Bedroom	$850
2 Bedrooms	$995
3 Bedrooms	$1,550
4 Bedrooms	$1,600
All	$1,147

As of May 2026, the average rent for a 1 bedroom rental in Monroe, MI is $850 per month, followed by $995 for a 2 bedroom rental, $1,550 for a 3 bedroom rental, and $1,600 for a 4 bedroom rental.

Floor plan type	Average rent
1 Bedroom	$795
2 Bedrooms	$950
3 Bedrooms	$1,100
4 Bedrooms	—
All	$950

As of May 2026, the average rent for a 1 bedroom apartment in Monroe, MI is $795 per month, followed by $950 for a 2 bedroom apartment, and $1,100 for a 3 bedroom apartment.

Floor plan type	Average rent
1 Bedroom	—
2 Bedrooms	$1,900
3 Bedrooms	$1,650
4 Bedrooms	$1,600
All	$1,700

As of May 2026, the average rent for a 2 bedroom house in Monroe, MI is $1,900 per month, followed by $1,650 for a 3 bedroom house, and $1,600 for a 4 bedroom house.