Rental market snapshot for Monroe, Washington

Monroe, Washington Rental Property Market Overview

Monroe, Washington is a small city located in the northwest corner of the state. According to the US Census, the population of Monroe was 20,209 as of 2021. Monroe is a great place to live, work, and play, with plenty of outdoor activities and a vibrant downtown area. The city is home to a variety of businesses, restaurants, and entertainment venues, making it a great place to call home.

The average rent for an apartment in Monroe is $2,768. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated February 01, 2024

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Average monthly rent graph in Monroe Washington | Cost of Living

  • The most expensive ZIP code in Monroe is 98272 with an average price of $2,851.
  • The cheapest ZIP code in Monroe is 98272 with an average price of $2,851.

Monroe ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
198272$2,851

Live near Monroe, Washington's Top Sights and Attractions

Lake Tye Park is a beautiful outdoor destination located in the Pacific Northwest. It features a large lake surrounded by lush green grass, tall trees, and a variety of wildlife. Visitors can enjoy a variety of activities such as fishing, swimming, boating, and picnicking. There are also several trails for walking, running, and biking. The park also has a playground, a beach, and a pavilion for events.

Skykomish River Park is a scenic outdoor destination located along the banks of the Skykomish River. Visitors can enjoy a variety of activities, including fishing, swimming, and kayaking. There are also plenty of trails for hiking and biking, as well as picnic areas and playgrounds. The park is also home to a variety of wildlife, making it a great spot for birdwatching and wildlife viewing.

Al Borlin Park is a beautiful park situated in a picturesque valley. It features a large lake, surrounded by lush green grass and trees. There are plenty of trails for walking, biking, and horseback riding, as well as a playground and picnic areas. The park also offers a variety of activities, such as fishing, boating, and bird watching. In the summer, visitors can enjoy swimming in the lake or take a leisurely stroll around the park. In the winter, the park is transformed into a winter wonderland, with snowshoeing and cross-country skiing trails. No matter the season, Al Borlin Park is a great place to relax and enjoy nature.

Blueberry ChildrenS Park is a fun and interactive outdoor playground located in Monroe, Washington. It features a variety of play structures and activities for children of all ages. There is a large play structure with slides, swings, and climbing walls, as well as a sandbox, a water play area, and a picnic area. The park also has a variety of interactive games and activities, such as a mini golf course, a trampoline, and a zip line. The park is surrounded by lush green trees and grass, making it a great place to relax and enjoy the outdoors.

US Army Recruiting is a military recruitment center located in a small town in the Pacific Northwest. It is a one-stop shop for anyone interested in joining the US Army, offering information on enlistment, career opportunities, and benefits. The center also provides assistance with the application process and provides resources to help potential recruits prepare for the Armed Services Vocational Aptitude Battery (ASVAB) test. The center is staffed by experienced recruiters who are dedicated to helping individuals find the best career path for them.

Navy Recruiting Station University is a unique attraction located in Monroe, Washington. It is a museum-style facility that houses a variety of artifacts, memorabilia, and interactive displays that tell the story of the United States Navy. Visitors can explore the history of the Navy, from its beginnings to the present day, and learn about the many roles that the Navy plays in protecting the nation. The facility also features a variety of interactive activities, such as a virtual reality simulator, a 3D theater, and a model shipbuilding area.

Hillcrest Park The Farm is a family-friendly attraction located in Monroe, Washington. It features a variety of activities, including a petting zoo, hay rides, a corn maze, and a pumpkin patch. Visitors can also enjoy a picnic area and a playground. The farm also offers educational programs, such as farm tours and classes on sustainable farming. There is also a gift shop and a café onsite.

Currie View Park is a scenic park located on the banks of the Skykomish River. It features a variety of outdoor activities, including fishing, picnicking, and hiking. The park also has a playground and a large open grassy area perfect for playing sports or having a picnic. The park is also home to a variety of wildlife, including deer, bald eagles, and ospreys. The views of the river and surrounding mountains are breathtaking, making it a great spot for taking in the beauty of nature.

Park Meadows Park is a sprawling outdoor recreation area located in the foothills of the Cascade Mountains. It features a variety of activities for visitors to enjoy, including hiking, biking, and fishing. The park also has a playground, picnic areas, and a large lake for swimming and boating. The park is surrounded by lush forests and meadows, providing a peaceful and tranquil setting for visitors to relax and enjoy nature.

Lewis Street Park is a beautiful park located in Monroe, Washington. It features a large playground, picnic area, and a walking path. The park also has a basketball court, baseball field, and a large open grassy area perfect for playing games or just relaxing. The park is surrounded by tall trees and lush green grass, providing a peaceful and tranquil atmosphere. Visitors can also enjoy the nearby creek, which is a great spot for fishing or just taking in the scenery.

Monroe, Washington area median rent change by ZIP code map

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How does Monroe compare to other cities in Washington?

citymedian price
Algona$3,091
Bellevue$2,546
Bothell$2,295
Everett$2,150
Ridgefield$2,010
Shoreline$1,980
Olympia$1,895
Ellensburg$1,375

Average household income in Monroe area graph - US Census

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The median household income in Monroe in 2021 was $94,349. This represents a 34.2% change from 2011 when the median was $70,283.

#categorypercent
0Less than $10,0002.5%
1$10,000 to $14,9993.1%
2$15,000 to $19,9991.7%
3$20,000 to $24,9992.1%
4$25,000 to $29,9991.0%
5$30,000 to $34,9992.3%
6$35,000 to $39,9993.1%
7$40,000 to $44,9991.9%
8$45,000 to $49,9992.8%
9$50,000 to $59,9998.2%
10$60,000 to $74,99911.7%
11$75,000 to $99,99920.6%
12$100,000 to $124,99913.6%
13$125,000 to $149,99910.7%
14$150,000 to $199,9997.8%
15$200,000 or more6.8%

Neighborhoods in Monroe

We currently do not have this data but we are working to add this soon.

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of December , the average rent in Monroe is $2,768.
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