West Monroe, LA—71291
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in West Monroe, LA
Home Price Trends — West Monroe, LA
As of Oct '25, the median home price in West Monroe, LA is $209,000, with a year-over-year change of 1.0%. This indicates that home prices in West Monroe, LA are increasing. According to Zillow, the 1-year price projection is -1.8%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $209,000 | 1.0% |
| Single Family | $209,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $122,000 | -0.8% |
3 Bed | $210,000 | 2.4% |
4 Bed | $313,000 | 2.3% |
| 5 Bed | $408,000 | 1.5% |
% of Housing Stock
Rental Trends — West Monroe, LA
As of July '25, Rentcast reports the average rent in West Monroe, LA is $1,790, with a year-over-year rent change of 38.8%. Per bedroom, the median rent as of July '25 in West Monroe, LA is 1-bedrooms: $1,000, 2-bedrooms: $1,460, 3-bedrooms: $1,680, 4-bedrooms: $3,760. The most common rental property sizes in West Monroe, LA are 2-bedroom and 3-bedroom, accounting for 35.9% and 33.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,790 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $1,000 |
| 2 Bed Rent | $1,250 | $1,460 |
| 3 Bed Rent | $1,600 | $1,680 |
| 4 Bed Rent | $2,050 | $3,760 |
% of Rental Stock
Property Listings — West Monroe, LA
As of Oct '25, Realtor.com reports that the median days on market for a home in West Monroe, LA is 58. This is a increase of 16.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $279,000 | -4.0% |
Listing Count | 126 | 3.0% |
| Listings as % of Homes | 0.6% | 3.0% |
Days on Market | 58 | 16.0% |
Demographics — West Monroe, LA
As of the latest ACS Survey released in 2023, West Monroe, LA has a population of 35,300, which has increased by 11.2% over the past 5 years. West Monroe, LA is a moderately popular place for families, as children make up 22.4% of the population. The area has a moderately educated workforce, with 31.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.2% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 35,300 | 11.2% |
% Under 18 | 22.4% | -3.0% |
% Seniors | 18.8% | 9.9% |
% WFH | 7.2% | 213.0% |
% w/ College Degree | 31.3% | 5.7% |
As of the latest ACS Survey released in 2023, West Monroe, LA is a predominantly white area, with 78.0% of the population identifying as white. The white population has shrunk by 9.2% in the last 5 years. The second most common race or ethnicity in West Monroe, LA is black, making up 12.6% of the population. Foreign-born residents account for 3.9% of the population in West Monroe, LA, and this percentage has increased by 143.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 78.0% | -9.2% |
% Black | 12.6% | 21.2% |
% Hispanic | 6.0% | 275.0% |
% Asian | 1.3% | 0.0% |
% Foreign Born | 3.9% | 143.8% |
Mortgage and Risk — West Monroe, LA
According to HUD data as of 2023, there were 504 mortgage originations in West Monroe, LA, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 39.0% above 90% LTV (very high). This implies large mortgage risk in West Monroe, LA. Investor activity is low, as 14.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 504 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 14.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — West Monroe, LA
As of 2024, the percent of homes in West Monroe, LA under the Section 8 program is 9.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in West Monroe, LA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 452 |
Total Units Section 8 | 452 |
% Rentals under Section 8 | 9.2% |
% Occupied Section 8 | 80.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $700 | $820 |
| 2 Bedroom | -$180 | $1,250 | $1,070 |
| 3 Bedroom | -$230 | $1,600 | $1,370 |
| 4 Bedroom | -$630 | $2,050 | $1,420 |
Affordability — West Monroe, LA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $209,000 |
| Median Household Income | $69,000 |