Rent by ZIP · Ouachita Parish
Rent in Monroe, LA 71203
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,130 (+3.7% vs FY2026). Renters in this ZIP code pay a median $1,042 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $870 | $810 | +7.4% | $783–957 | $1,618 ±$1,018 |
| 1 bedroom | $880 | $840 | +4.8% | $792–968 | $837 ±$51 |
| 2 bedrooms | $1,130 | $1,090 | +3.7% | $1,017–1,243 | $1,042 ±$45 |
| 3 bedrooms | $1,460 | $1,400 | +4.3% | $1,314–1,606 | $1,235 ±$95 |
| 4 bedrooms | $1,490 | $1,440 | +3.5% | $1,341–1,639 | $971 ±$464 |
Small Area FMRs for the Monroe, LA HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Monroe, LA HUD Metro FMR Area, 2 bedrooms: $1,017.
What renters pay in 71203
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 71202 | Monroe | $940 | $776 |
| 71201 | Monroe | $1,030 | $908 |
| 71219 | Baskin | $960 | – |
| 71220 | Bastrop | $900 | $758 |
| 71222 | Bernice | $930 | $677 |
| 71223 | Bonita | $890 | – |
Fair Market Rents across Ouachita Parish, LA · All LA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.