{
  "schema_version": "1.0",
  "submarket": {
    "slug": "monroe-nc",
    "name": "Monroe",
    "state": "NC",
    "city": "MONROE",
    "cbsa": "Charlotte-Concord-Gastonia",
    "zip_codes": [
      "28110",
      "28112"
    ]
  },
  "report": {
    "yearmonth": "202608",
    "month_label": "August 2026",
    "first_published_at": "2026-10-03T17:20:54.060Z",
    "last_updated_at": "2026-10-03T11:27:47.464Z"
  },
  "rents": {
    "apartment": {
      "1br": {
        "median": 1324,
        "low": 1304,
        "high": 1344,
        "mom_pct": 0.6599999999999999,
        "yoy_pct": -0.8800000000000001
      },
      "2br": {
        "median": 1479,
        "low": 1457,
        "high": 1501,
        "mom_pct": 1.58,
        "yoy_pct": -0.885
      },
      "3br": {
        "median": 2084,
        "low": 2032,
        "high": 2136,
        "mom_pct": 1.2242857142857144,
        "yoy_pct": 1.3828571428571428
      },
      "4br": {
        "median": 2792,
        "low": 2689,
        "high": 2895,
        "mom_pct": 1.58,
        "yoy_pct": 4.255
      }
    },
    "condo_townhome": {
      "1br": {
        "median": 1480,
        "low": 1448,
        "high": 1513,
        "mom_pct": -5.7749999999999995,
        "yoy_pct": -4.265
      },
      "2br": {
        "median": 1737,
        "low": 1681,
        "high": 1792,
        "mom_pct": 0.61,
        "yoy_pct": 3.6366666666666667
      },
      "3br": {
        "median": 2005,
        "low": 1955,
        "high": 2056,
        "mom_pct": -5.39375,
        "yoy_pct": -2.8425
      },
      "4br": {
        "median": 3004,
        "low": 2913,
        "high": 3094,
        "mom_pct": 0.7200000000000001,
        "yoy_pct": 0.5650000000000001
      }
    },
    "single_family": {
      "1br": {
        "median": 1500,
        "low": 1467,
        "high": 1533,
        "mom_pct": -6.5,
        "yoy_pct": -3.415
      },
      "2br": {
        "median": 1626,
        "low": 1574,
        "high": 1678,
        "mom_pct": -5.854444444444444,
        "yoy_pct": -4.085555555555555
      },
      "3br": {
        "median": 1976,
        "low": 1927,
        "high": 2026,
        "mom_pct": -1.2688461538461537,
        "yoy_pct": 0.8323076923076922
      },
      "4br": {
        "median": 2305,
        "low": 2247,
        "high": 2362,
        "mom_pct": -2.3893548387096777,
        "yoy_pct": -0.2364516129032258
      }
    }
  },
  "vacancy": 3.5822,
  "days_on_market": {
    "apartment": 31,
    "condo_townhome": 28,
    "single_family": 24
  },
  "ai_summary": [
    {
      "headline": "2BR apartment rents up 1.58% MoM",
      "body": "In the Monroe (28110, 28112) rental market, 2-bedroom apartments reached a median rent of $1,479, marking a 1.58% month-over-month increase. These apartments outpace 2-bedroom single-family homes, which fell -5.85% MoM to $1,626, underscoring a notable gap in price direction across comparable segments."
    },
    {
      "headline": "1BR condos decline 5.77% MoM",
      "body": "Among smaller units in Monroe (28110, 28112), 1-bedroom condos saw a significant monthly drop, falling -5.77% to $1,480. In contrast, 1-bedroom apartments increased 0.66% MoM, landing at $1,324, a $156 difference that highlights apartments’ firmer short-term pricing."
    },
    {
      "headline": "4BR apartments see 4.26% YoY growth",
      "body": "Compared to other large-unit categories, Monroe (28110, 28112) rental trends show 4-bedroom apartments at $2,792 with a notable 4.26% year-over-year increase. This exceeds 4-bedroom condos, which grew just 0.57% YoY, and single-family homes, which declined -0.24% YoY."
    }
  ],
  "summary": {
    "canonical": [],
    "qa": []
  },
  "history": [
    {
      "yearmonth": "202608",
      "month_label": "August 2026",
      "rents": {
        "apartment": {
          "1br": 1324,
          "2br": 1479,
          "3br": 2084,
          "4br": 2792
        },
        "condo_townhome": {
          "1br": 1480,
          "2br": 1737,
          "3br": 2005,
          "4br": 3004
        },
        "single_family": {
          "1br": 1500,
          "2br": 1626,
          "3br": 1976,
          "4br": 2305
        }
      }
    },
    {
      "yearmonth": "202607",
      "month_label": "July 2026",
      "rents": {
        "apartment": {
          "1br": 1322,
          "2br": 1481,
          "3br": 2059,
          "4br": 2749
        },
        "condo_townhome": {
          "1br": 1571,
          "2br": 1659,
          "3br": 2145,
          "4br": 2982
        },
        "single_family": {
          "1br": 1609,
          "2br": 1705,
          "3br": 2001,
          "4br": 2356
        }
      }
    },
    {
      "yearmonth": "202606",
      "month_label": "June 2026",
      "rents": {
        "apartment": {
          "1br": 1327,
          "2br": 1499,
          "3br": 2070,
          "4br": 2699
        },
        "condo_townhome": {
          "1br": 1559,
          "2br": 1681,
          "3br": 2115,
          "4br": 2969
        },
        "single_family": {
          "1br": 1592,
          "2br": 1696,
          "3br": 1967,
          "4br": 2353
        }
      }
    },
    {
      "yearmonth": "202605",
      "month_label": "May 2026",
      "rents": {
        "apartment": {
          "1br": 1241,
          "2br": 1482,
          "3br": 2083,
          "4br": 2642
        },
        "condo_townhome": {
          "1br": 1532,
          "2br": 1656,
          "3br": 2070,
          "4br": 2934
        },
        "single_family": {
          "1br": 1529,
          "2br": 1667,
          "3br": 1951,
          "4br": 2337
        }
      }
    },
    {
      "yearmonth": "202604",
      "month_label": "April 2026",
      "rents": {
        "apartment": {
          "1br": 1299,
          "2br": 1495,
          "3br": 2105,
          "4br": 2683
        },
        "condo_townhome": {
          "1br": 1499,
          "2br": 1627,
          "3br": 2071,
          "4br": 2919
        },
        "single_family": {
          "1br": 1531,
          "2br": 1636,
          "3br": 1938,
          "4br": 2298
        }
      }
    },
    {
      "yearmonth": "202603",
      "month_label": "March 2026",
      "rents": {
        "apartment": {
          "1br": 1284,
          "2br": 1485,
          "3br": 2118,
          "4br": 2632
        },
        "condo_townhome": {
          "1br": 1494,
          "2br": 1589,
          "3br": 2091,
          "4br": 2871
        },
        "single_family": {
          "1br": 1510,
          "2br": 1647,
          "3br": 1899,
          "4br": 2286
        }
      }
    },
    {
      "yearmonth": "202602",
      "month_label": "February 2026",
      "rents": {
        "apartment": {
          "1br": 1329,
          "2br": 1503,
          "3br": 2087,
          "4br": 2660
        },
        "condo_townhome": {
          "1br": 1491,
          "2br": 1623,
          "3br": 2049,
          "4br": 2872
        },
        "single_family": {
          "1br": 1509,
          "2br": 1659,
          "3br": 1884,
          "4br": 2247
        }
      }
    },
    {
      "yearmonth": "202601",
      "month_label": "January 2026",
      "rents": {
        "apartment": {
          "1br": 1278,
          "2br": 1533,
          "3br": 2101,
          "4br": 2670
        },
        "condo_townhome": {
          "1br": 1520,
          "2br": 1617,
          "3br": 2008,
          "4br": 2881
        },
        "single_family": {
          "1br": 1527,
          "2br": 1675,
          "3br": 1881,
          "4br": 2233
        }
      }
    },
    {
      "yearmonth": "202512",
      "month_label": "December 2025",
      "rents": {
        "apartment": {
          "1br": 1332,
          "2br": 1532,
          "3br": 2083,
          "4br": 2742
        },
        "condo_townhome": {
          "1br": 1525,
          "2br": 1627,
          "3br": 2039,
          "4br": 2925
        },
        "single_family": {
          "1br": 1519,
          "2br": 1676,
          "3br": 1905,
          "4br": 2224
        }
      }
    },
    {
      "yearmonth": "202511",
      "month_label": "November 2025",
      "rents": {
        "apartment": {
          "1br": 1324,
          "2br": 1531,
          "3br": 2076,
          "4br": 2769
        },
        "condo_townhome": {
          "1br": 1538,
          "2br": 1670,
          "3br": 2064,
          "4br": 2949
        },
        "single_family": {
          "1br": 1545,
          "2br": 1680,
          "3br": 1919,
          "4br": 2238
        }
      }
    },
    {
      "yearmonth": "202510",
      "month_label": "October 2025",
      "rents": {
        "apartment": {
          "1br": 1297,
          "2br": 1516,
          "3br": 2075,
          "4br": 2686
        },
        "condo_townhome": {
          "1br": 1543,
          "2br": 1634,
          "3br": 2109,
          "4br": 2955
        },
        "single_family": {
          "1br": 1554,
          "2br": 1702,
          "3br": 1920,
          "4br": 2285
        }
      }
    },
    {
      "yearmonth": "202509",
      "month_label": "September 2025",
      "rents": {
        "apartment": {
          "1br": 1323,
          "2br": 1518,
          "3br": 2063,
          "4br": 2713
        },
        "condo_townhome": {
          "1br": 1547,
          "2br": 1624,
          "3br": 2103,
          "4br": 2978
        },
        "single_family": {
          "1br": 1560,
          "2br": 1692,
          "3br": 1943,
          "4br": 2324
        }
      }
    }
  ],
  "links": {
    "data_page": "https://data.estaite.com/submarkets/monroe-nc/",
    "self": "https://data.estaite.com/feeds/monroe-nc.json"
  },
  "license": "CC BY 4.0",
  "license_url": "https://creativecommons.org/licenses/by/4.0/",
  "attribution": "Data provided by Estaite (https://estaite.com)"
}