Relocation Guide

Moving to Monroe?

Northeast Louisiana's twin cities — birthplace of Delta Air Lines, home to ULM, and one of the most affordable housing markets in the state. Here's your complete guide to Monroe.

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Monroe Quick Stats

The numbers that matter most when you're evaluating a move to Monroe.

46,123
Population (City)
$199,000
Median Home Price
14% Below
Cost of Living vs National Avg
0.53%
Property Tax Rate
1928
Year Delta Air Lines Founded Here
25% Below
Rent vs National Avg

Why People Move to Monroe

Affordable living, a university town feel, and a strategic location in northeast Louisiana.

🏠
Ultra-Affordable Housing
Median home price of $199K is about 19% below the national average. Rent is 25% below national averages, making Monroe one of the most affordable cities in the state.
🎓
University Town
University of Louisiana at Monroe brings academic culture, athletics (Warhawks), and a youthful energy. The campus and surrounding area are focal points of community life.
💼
Healthcare Hub
Healthcare and social assistance is the largest employment sector with over 4,300 jobs. St. Francis Medical Center and Glenwood Regional are major employers.
🌊
Ouachita River Living
The Ouachita River runs through the twin cities, offering riverfront parks, kayaking, fishing, and scenic beauty. Poverty Point World Heritage Site is nearby.
💻
Tech Heritage
CenturyLink (now Lumen Technologies) was founded and headquartered here. Monroe has a legacy of telecommunications innovation and continues to attract tech-adjacent businesses.
💰
Low Cost of Everything
Cost of living index of 86 (14% below national average). Groceries, utilities, transportation, and healthcare are all cheaper than most of the country.

Monroe Cost of Living Breakdown

How Monroe compares to the Louisiana average and national average.

CategoryMonroeLouisiana AvgNational Avg
Housing (Median)$199,000$253,100$368,581
Rent (1BR)$700/mo$906/mo$1,200/mo
Groceries94 index96 index100 index
Utilities79 index82 index100 index
Property Tax0.53%0.53%1.1%
Healthcare90 index95 index100 index

Notable Neighborhoods & Areas

Monroe and West Monroe offer distinct living options across the Ouachita River.

South Monroe / ULM Area

Close to the university with a mix of student housing, starter homes, and established neighborhoods. Affordable with homes from $80K–$200K. Walkable to campus amenities.

Garden District

Monroe's historic neighborhood with beautiful early 20th-century homes, tree-lined streets, and character. Homes from $120K–$300K depending on condition and size.

West Monroe

Across the Ouachita River with a small-town feel, good schools, and the Antique Alley shopping district. Made famous by Duck Dynasty. Homes from $130K–$300K.

Sterlington

Small town north of Monroe with newer construction, family-friendly atmosphere, and growing amenities. Homes from $180K–$350K. Popular with families seeking newer homes.

Bayou DeSiard Area

More affluent area with larger lots, established homes, and proximity to Bayou DeSiard for outdoor recreation. Homes from $200K–$450K.

Forsythe Park Area

Central location with a mix of housing styles near parks and community amenities. Mid-range pricing from $100K–$250K.

Schools & Education

Monroe and Ouachita Parish offer public and private school options, plus a university campus.

Monroe City Schools

Monroe City Schools serves the city proper with multiple elementary, middle, and high schools. Performance varies by school, and several magnet programs are available for higher-achieving students.

Ouachita Parish Schools

Ouachita Parish School System covers the surrounding area and includes West Monroe and Sterlington. Generally rated higher than Monroe City Schools, the parish district is a top reason families choose West Monroe or Sterlington.

Higher Education

  • University of Louisiana at Monroe — regional university with strong pharmacy, nursing, and business programs
  • Louisiana Delta Community College — workforce and transfer programs

Jobs & Economy

Healthcare, retail, education, and a legacy of telecommunications drive the Monroe economy.

Top Employers

  • St. Francis Medical Center — major regional hospital and healthcare employer
  • Glenwood Regional Medical Center — another key healthcare provider
  • University of Louisiana at Monroe — university and employer
  • Lumen Technologies (formerly CenturyLink) — founded in Monroe, still maintains operations
  • Monroe City Schools & Ouachita Parish Schools — combined major public employers
  • City of Monroe — municipal government

Key Industries

  • Healthcare & Social Assistance — 4,300+ jobs, the largest sector
  • Retail Trade — 2,225+ jobs serving the regional shopping center role
  • Education — ULM, school systems, and training programs
  • Accommodation & Food Services — 2,100+ jobs in the twin cities

Buying a Home in Monroe

Monroe is one of the most accessible housing markets in Louisiana. Here's what to know.

Market Overview

With a median home price of $199K, Monroe is very accessible for first-time buyers. USDA eligibility is widespread in the surrounding area, making zero-down financing a realistic option for many buyers. The market moves slower than larger cities, giving buyers time to find the right home.

First-Time Buyer
Programs & assistance

Pros & Cons of Moving to Monroe

Every city has tradeoffs. Here's an honest look at Monroe.

✅ Pros

  • 🏠 Very affordable housing — median $199K
  • 💰 Cost of living 14% below national average
  • 🎓 University town amenities via ULM
  • 🌊 Ouachita River recreation and natural beauty
  • 🌾 Widespread USDA eligibility for zero-down financing
  • 💼 Strong healthcare employment sector

❌ Cons

  • 📈 Population declining (-3% since 2020)
  • 💰 Median household income 42% below national average
  • 🔓 Higher crime rates in some areas
  • 💼 Fewer job options than larger Louisiana cities
  • 🚗 Car-dependent with no public transit
  • 💧 Hot, humid summers

Explore Other Louisiana Cities

Considering other areas? Check out these nearby cities.

Frequently Asked Questions

Common questions about moving to Monroe.

Monroe offers extremely affordable housing with a median home price around $199K — about 19% below the national average. The cost of living is 14% below national averages. ULM and a growing healthcare sector anchor the economy. The tradeoff is lower median incomes and a slowly declining population.
The median home price in Monroe is approximately $199,000 — well below the national median of $368,581. Many surrounding areas qualify for USDA zero-down financing.
Major employers include St. Francis Medical Center, Glenwood Regional Medical Center, University of Louisiana at Monroe, CenturyLink (now Lumen Technologies — founded in Monroe), Monroe City Schools, and the City of Monroe.
Monroe is the birthplace of Delta Air Lines and CenturyLink (now Lumen Technologies). It sits along the Ouachita River, is home to the Louisiana Purchase Gardens and Zoo, and the twin cities of Monroe-West Monroe are known for Duck Dynasty fame.
South Monroe near ULM, the Garden District with historic homes, Sterlington to the north with newer construction, and West Monroe across the Ouachita River are popular choices. West Monroe offers a small-town feel with good schools.
FHA (3.5% down), VA ($0 down for veterans), USDA ($0 down — many Monroe-area properties qualify), and Conventional loans (3–20% down). USDA eligibility is widespread in this region.

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