Apartments in 45050

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23
$3,500
107 Overbrook Dr Monroe, OH
3 BR | Available Now
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15
$716 - 754
300 Courtland Dr Monroe, OH
1 - 2 BR | Available Now
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  3. Monroe
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How much does it cost to rent an apartment in 45050?

45050 apartments
Bed Type Average Rent Range
2BR $750 $750 - $750
3BR $3,500 $3,500 - $3,500
Find an Apartment in 45050
Looking for apartments for rent in the 45050 zip code in Monroe, OH? Look no further! Right now, there are 3 units available for rent in this area on Rentable. The average rent in 45050 is $750, with 2-bedroom units starting at $754.

Monroe, OH offers a variety of amenities and points of interest for its residents. Just minutes away from the 45050 zip code, you'll find beautiful parks where you can enjoy nature and outdoor activities. The nearby Monroe Community Park is a great place to relax or go for a jog, with its walking trails, sports fields, and picnic areas. Additionally, the city of Monroe offers a vibrant community with shops, restaurants, and entertainment options.

Ready to find your next rental? Take a look at Rentable's apartments near 45050 Monroe, OH and discover the perfect place for you. Whether you're looking for a cozy studio or a spacious family home, there are plenty of options available to suit your needs. Don't miss out on the opportunity to find your dream apartment in the 45050 zip code!

Monroe:
May Rent Report

Welcome to the May 2024 Monroe Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the May 2024 key findings and figures for the Monroe rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Monroe and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Monroe average rent prices in the chart below.

Monthly Rent Report

$1,450
$1,090
$730
$360
$0
Jun. 2023
Jul. 2023
Aug. 2023
Sep. 2023
Oct. 2023
Nov. 2023
Dec. 2023
Jan. 2024
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
1 BR       2 BR

Monroe Rent Prices Decrease From April to May

Monroe rent prices decreased over the last month. From April to May, the city experienced a -14.23% decrease for the price of a one-bedroom apartment. The rent price for a Monroe one-bedroom apartments currently stands at $723.0.

When we take a look at the two-bedroom comparison from April to May, Monroe experienced a 27.54% increase for the price of a two-bedroom apartment. The rent price for a Monroe two-bedroom apartments currently stands at $1,232.0.

May Prices: Monroe vs. Surrounding Areas

Rent Prices in Monroe and Surrounding Areas

Rent prices have decreased in Monroe over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Monroe suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Monroe suburbs

  • Rents did not decrease in any of the Monroe suburbs.

May 2024 Pricing Trends: Monroe vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,056
$3,039
$2,377
$2,336
$1,913
$1,300
$1,283
$1,178
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Monroe Rent Prices More Affordable Than Major Cities

Rent growth in Monroe over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Monroe average rent prices appear to be relatively affordable for local residents.

The price for a Monroe one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Monroe and surrounding area rent prices, take a look at the complete data set below.

Data set for Monroe and suburbs

1 BR May 1 BR M/M % Change 2 BR May 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.