$222,500
as of Sep 24, 2026
- 3 Beds
- 1 Bath
- 958 sqft
500 Colony Rd, Monroe, NC 28112
Home Highlights
Single-Family Home
958 sqft
$232/sqft
Local Information
-- mins to
About this House
What's unique:Corner lotLarge backyard
3 bedroom 1 bath single family home situated on a corner lot with a large backyard. Minutes from downtown Monroe!
Tenant responsible for all utilities. Minimum of one year lease.
Rental requirements:
- Rental application required for all adults 18 years and older
- Combined gross household income of 3 times the rent. Proof of income required.
- Identification for each adult applicant
- Credit and background check
- No smoking
- No pets
Tenant responsible for all utilities. Minimum of one year lease.
Rental requirements:
- Rental application required for all adults 18 years and older
- Combined gross household income of 3 times the rent. Proof of income required.
- Identification for each adult applicant
- Credit and background check
- No smoking
- No pets
500 Colony Rd, Monroe, NC 28112 is a 3 bedroom, 1 bathroom, 958 sqft single-family home. More recently, it was listed as a rental in May 2025 with an asking price of $1,600 per month. That rental listing was removed on June 15, 2025. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $222,500, with a rent estimate of $1,586/month.
Home Details for 500 Colony Rd
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Heating & Cooling Heating: BaseboardAir ConditioningCooling System: Wall UnitHeating Fuel: Baseboard |
Appliances & Utilities Refrigerator |
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Property Type / Style Property Type: Single Family Home |
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Lease Term: 1 YearAvailable: now |
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Parking & Garage Parking: Off Street Parking, On Site |
Comparable Sales for 500 Colony Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.09 | Single-Family Home | $237,000 | 06/22/26 | 3 | 1 | 962 sqft | |
0.31 | Single-Family Home | $260,000 | 09/08/26 | 3 | 1 | 1,010 sqft | |
0.30 | Single-Family Home | $201,000 | 07/09/26 | 3 | 1 | 1,120 sqft | |
0.54 | Single-Family Home | $340,000 | 12/01/25 | 3 | 1 | 1,132 sqft | |
0.31 | Single-Family Home | $275,000 | 09/21/26 | 3 | 2 | 1,261 sqft | |
0.51 | Single-Family Home | $350,000 | 11/04/25 | 2 | 1 | 992 sqft | |
0.24 | Single-Family Home | $400,000 | 05/27/26 | 3 | 2 | 1,907 sqft | |
0.66 | Single-Family Home | $265,000 | 07/06/26 | 3 | 1 | 960 sqft | |
0.53 | Single-Family Home | $360,000 | 01/05/26 | 2 | 1 | 827 sqft | |
0.66 | Single-Family Home | $1,500 | 04/14/26 | 2 | 1 | 905 sqft |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Rental Market Trends in Monroe
Last updated Sep 2026
Trulia Rent Estimate$1,586/mo
Average rent
$2.1K
$40MoM
Available listings
155
Around this home
What Locals Say about Monroe
At least 234 Trulia users voted on each feature.
83 % Say car is needed
83 % Say parking is easy
77 % Say yards are well-kept
68 % Say there's holiday spirit
64 % Say kids play outside
64 % Say it's dog friendly
56 % Say it's quiet
49 % Say streets are well-lit
48 % Say they plan to stay for at least 5 years
45 % Say there are sidewalks
45 % Say people would walk alone at night
43 % Say neighbors are friendly
38 % Say there's wildlife
34 % Say it's walkable to grocery stores
26 % Say it's walkable to restaurants
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 15, 2025 Source: Zillow Rentals | ListingRemoved | $1,600 |
May 26, 2025 Source: Zillow Rentals | Listed For Rent | $1,600 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $1,303 | $149,100 |
Home facts updated by county records
Frequently asked questions about 500 Colony Rd
- What is 500 Colony Rd estimated to be worth?Trulia's estimated value for 500 Colony Rd in Monroe, NC is $222,500.
- Is Monroe a buyer's or seller's market?Monroe is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Monroe?The median sale price in Monroe is $362K. That is down $5.83K from the prior month.
- What do residents say about Monroe?Residents describe Monroe, NC as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Monroe, NC.
- Does 500 Colony Rd have air conditioning?Yes, 500 Colony Rd in Monroe, NC has air conditioning.
- Does 500 Colony Rd have parking?Yes, 500 Colony Rd in Monroe, NC has on-site parking.
Homes for rent near 500 Colony Rd
Affordability
TIP:Try to keep your rent within a third of your gross household income. Learn why in our Renter's Guide.
For this property
PER YEAR
is the suggested income
Win over prospective landlords with your smart budgeting. As a good rule of thumb, ideally you would have at least three times your monthly rent in combined household income.