Rent Tracker
Rent Inflation in Monroe, LA
The average asking rent in Monroe, LA is $1,167/month as of 2026-08. That is +20.1% compared to a year ago.
Source: Zillow Observed Rent Index (ZORI) | zillow.com/research
Current Avg Rent
$1,167/mo
as of 2026-08
Year-over-Year Change
+20.1%
24-Month Rent Trend
Monthly ZORI index values for Monroe, LA.
| Month | Avg Asking Rent | Change from Prior Month |
|---|---|---|
| 2026-08 | $1,167 | -1.60% |
| 2026-07 | $1,186 | +2.95% |
| 2026-06 | $1,152 | +2.49% |
| 2026-05 | $1,124 | +3.02% |
| 2026-04 | $1,091 | +0.74% |
| 2026-03 | $1,083 | +1.88% |
| 2026-02 | $1,063 | +1.63% |
| 2026-01 | $1,046 | -0.95% |
| 2025-12 | $1,056 | -0.38% |
| 2025-11 | $1,060 | -3.37% |
| 2025-09 | $1,097 | +2.62% |
| 2025-08 | $1,069 | +9.98% |
| 2025-06 | $972 | +0.73% |
| 2025-05 | $965 | +1.58% |
| 2025-04 | $950 | +1.93% |
| 2025-03 | $932 | +0.11% |
| 2025-02 | $931 | +0.54% |
| 2025-01 | $926 | -0.22% |
| 2024-12 | $928 | +0.76% |
| 2024-11 | $921 | -0.32% |
| 2024-10 | $924 | -0.11% |
| 2024-09 | $925 | -0.22% |
| 2024-08 | $927 | +0.43% |
| 2024-07 | $923 | — |
Why Rent Inflation Matters
Shelter is the single largest component of the official CPI, accounting for roughly one-third of the index. But the BLS shelter index tends to lag real-market rent changes by 12–18 months because it measures rents paid by all tenants — including long-term renters locked into old leases. ZORI measures asking rents for new leases, making it a timelier signal of where CPI shelter inflation is headed.
When ZORI is rising sharply in your city, it is a leading indicator that official shelter inflation — and therefore overall CPI — will remain elevated in coming months.
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Data Source
Rent data uses the Zillow Observed Rent Index (ZORI), a smoothed measure of typical market-rate asking rents updated monthly by Zillow Research. ZORI covers single-family homes, condos, and co-ops and reflects asking rents for new leases — making it a more timely indicator than the lagged BLS shelter index. zillow.com/research | Money & Prices