Monroe, LA
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Monroe short-term rental market based on reliable data.
Listings
239 / 499
Reliable / Active
Cap Rate
17%
Middle-Earners Gross Yield
Revenue
$25,572
Middle-Earners Revenue
Occupancy
61%
Middle-Earners Occupancy
Home Value
$146,552
Median Home Sale Price
Top Earners
$41,492
Top-Earners Revenue
Monroe
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Monroe.
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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.
Local STR Agent
STR specialist · Monroe, LA
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.