Monroe, NC
August 2026
28110,28112
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,304 – $1,344 | 0.66% | -0.88% |
| 2-Bedroom | $1,457 – $1,501 | 1.58% | -0.89% |
| 3-Bedroom | $2,032 – $2,136 | 1.22% | 1.38% |
| 4-Bedroom | $2,689 – $2,895 | 1.58% | 4.25% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,448 – $1,513 | -5.77% | -4.26% |
| 2-Bedroom | $1,681 – $1,792 | 0.61% | 3.64% |
| 3-Bedroom | $1,955 – $2,056 | -5.39% | -2.84% |
| 4-Bedroom | $2,913 – $3,094 | 0.72% | 0.57% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,467 – $1,533 | -6.50% | -3.42% |
| 2-Bedroom | $1,574 – $1,678 | -5.85% | -4.09% |
| 3-Bedroom | $1,927 – $2,026 | -1.27% | 0.83% |
| 4-Bedroom | $2,247 – $2,362 | -2.39% | -0.24% |
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.
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.
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.