Monroe, LA
Commercial Real Estate Market Trends & Data

Monroe's Demographic Profile

Monroe has 18,296 households and a median income of $33,332, providing context for rent absorption and tenant demand across retail and multifamily assets. A -2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 46,503
# Households 18,296
Median age 35
Median household income $33,332
Avg household size 2.0
Renter-occupied housing units 10,505
5-year population change -2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Monroe, LA

↻ Updated Monthly

{{marketTabDescriptions[activeMarketTab]}}

Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Monroe $109 22,983 SF 7.92%
West Monroe $154 22,983 SF 7.92%
Ruston $344 4,569 SF 7.00%
Nearby Retail Markets Avg Cost/SF Typical Size
Monroe $138 40,909 SF
Richwood $19 9,101 SF
West Monroe $136 36,565 SF
Rayville $642 2,676 SF
Eros $126 10,500 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Monroe $52 17,579 SF 8.01%
West Monroe $52 17,579 SF 8.01%

Commercial Properties For Sale in Monroe

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Value-Add Turnkey Flex Near Major Highways

Monroe, LA 71201

  • 12,600 SF Office Building
  • Auction Sale
For Sale

Pine St warehouse

Monroe, LA 71201

  • 3,744 SF Industrial Building
  • $225,000
For Sale

Call For Offers - 0.64 +/- AC Corner

West Monroe, LA 71291

  • 0.64 AC Lot
  • 1 Commercial Lot
  • $279,000
For Sale

5.35 +/- AC | Call For Offers

West Monroe, LA 71291

  • 5.35 AC Lot
  • 1 Commercial Lot
  • $1,050,000
For Sale

$1 Auction -REIT Sale | Former Dollar General

Monroe, LA 71202

  • 9,101 SF Retail Building
  • $175,000
For Sale

Frenchies Wagon

West Monroe, LA 71292

  • 669 SF Retail Building
  • $150,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Monroe pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Monroe $133 26,802 SF
Richwood $48 130,826 SF
West Monroe $133 26,455 SF
Rayville $642 2,676 SF

Multifamily Properties For Sale in Monroe

For Sale

1702 Grammont St

Monroe, LA 71201

  • 7,200 SF Multifamily
  • 8.01% Cap Rate
  • $745,000

Regional Demographic Comparison

This comparison places Monroe alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Monroe or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Monroe 46,503 18,296 35 $33,332 2 10,505 -2%
Richwood 3,466 561 37 $23,506 3 309 -1%
Start 982 322 40 $43,749 3 63 -2%
West Monroe 12,771 5,461 38 $42,767 2 3,131 -1%
Rayville 3,494 1,358 39 $23,883 3 740 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Monroe, LA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Monroe

View All Commercial Real Estate For Sale in Monroe
Is Monroe a good market for a first-time commercial real estate investor?

Monroe offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Monroe?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Monroe. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Monroe?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Monroe. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Monroe compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Monroe. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Monroe acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Monroe, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.