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Monroe, LA 71201 Multi-family Properties For Sale

The median home value in Monroe, LA 71201 is $213,800. This is higher than the county median home value of $163,300. The national median home value is $338,100. The average price of homes sold in Monroe, LA 71201 is $213,800. Approximately 48.47% of Monroe, LA 71201 homes are owned, compared to 40.08% rented, while 11.45% are vacant. Monroe, LA 71201 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Monroe, LA 71201 real estate agent to arrange a tour today!

Learn More About Monroe, LA 71201 Real Estate

Statistics & facts

21,336 Population
$213K Medium Home Value
8,900 # of Households
11.45% Housing Vacancy
39.28% Future Job Growth
3.40% Unemployment Rate

Andrea D. Conner, License 521381, Xome Inc., License 9002330, AndreaD.Conner@xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Copyright © 2025, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.


Population

Monroe, LA 71201 has a population of approximately 21,336 and experiences a population change rate of -2.55%. The population density is 1,643.8 / sq mi.

Household

The median household income for Monroe, LA 71201 is $51,550, with 8,900 households and an average household size of 2.39.

Cost of Living

The cost of living index in Monroe, LA 71201 is 92.8%.

Home Value

The median value of a home in Monroe, LA 71201 is $213,800 with an appreciation rate of 10.1%. 48.5% of housing in the zip code is owned while 40.1% is rented.

Employment

The unemployment rate in Monroe, LA 71201 is 3.40%, and recent job growth is at 0.88%. Future job growth is projected at 39.28%.

Taxes

The sales tax rate in Monroe, LA 71201 is 12.44%, while the income tax rate is 4.25%.

Education

School expenditures in Monroe, LA 71201 are $12,043, and the school ratio is 18:1.

Weather

The average high temperature in July is 93.3 degrees, with an average low temperature in January of 33.9 degrees. The average rainfall is approximately 55.2 inches per year, with 0.6 inches of snow per year.

Education near Monroe LA, 71201

Metric City County
High School Graduates 86.5 88.18
College Degree - 2 year 4.2 6.11
College Degree - 4 year 26.78 24.85
Graduate Degree 6.82 6.1
Expenditures per Student $12,043 $12,043
Students per Teacher 18.00 18.00

Elementary Schools near Monroe LA , 71201

School Grades Students P/T Ratio ZIP
Claiborne School PK - 05 824 21.1 71291
Drew Elementary School PK - 05 493 17 71291
George Welch Elementary School KG - 05 459 17 71291
J.S. Clark Magnet Elementary School PK - 06 476 14.7 71201
Jack Hayes Elementary School PK - 05 556 16.4 71203
Kiroli Elementary School PK - 05 536 19.9 71291
Lakeshore School PK - 05 626 17.4 71203
Lexington Elementary School PK - 02 561 15 71201
New Vision Learning Academy PK - 06 383 21.9 71201
Sallie Humble Elementary School 03 - 06 521 16.1 71201

Middle Schools near Monroe LA , 71201

School Grades Students P/T Ratio ZIP
Carroll Junior High School 07 - 08 299 13.2 71201
Excellence Academy Charter School 06 - 08 238 18.1 71201
Good Hope Middle School 06 - 08 648 15.7 71291
Ouachita Junior High School 06 - 08 931 14.4 71203
Robert E. Lee Junior High School 07 - 08 417 12.6 71201
West Ridge Middle School 06 - 08 759 17.9 71291

High Schools near Monroe LA , 71201

School Grades Students P/T Ratio ZIP
Carroll High School 09 - 12 480 12.8 71201
Neville High School 09 - 12 972 15.6 71201
Ouachita Parish High School 08 - 12 1285 14.4 71203
Sterlington High School 09 - 12 399 11.9 71203
Vision Academy 09 - 12 200 22.2 71203
West Monroe High School 08 - 12 2178 16.8 71291

Ungraded Schools near Monroe LA , 71201

School Grades Students P/T Ratio ZIP
Sherrouse School KG - 12 51 6.8 71203

Top 3 Zip Codes for real estate in Monroe

  • 71202 Multi-family Properties For Sale
  • 71203 Multi-family Properties For Sale
  • 71201 Multi-family Properties For Sale