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Monroe city, LA

ZIP 71202 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 71202

Median Home Value
$77,400
Median Rent
$543
Affordability Snapshot
$21,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$497/mo PITI).

24%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

2.9x
Home Price-to-Income Ratio

Below 3x — relatively affordable housing market.

11.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 71202 in Monroe city, LA, a household would need roughly $21,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $497. That sits below the local median household income ($26,883), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 20% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
43.9%-33% vs US avg
x
Vacancy Rate
20.4%+98% vs US avg
x
Broadband Access
68.4%-21% vs US avg
x
4+ Bedrooms
1.3%-91% vs US avg
x
Built Pre-1939
4.7%-63% vs US avg
x
Built Post-2014
0.8%-88% vs US avg
x
Rent Burden >30%
36.6%-26% vs US avg
x
Mortgage-Free
69.2%+81% vs US avg
x
$77,400
Home Value
$543
Rent
1974
Year Built
2011
Moved In

Residents have lived here since ~2011 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached73.1%
  • 1-unit attached1.4%
  • 2-9 units13.6%
  • 10+ units1.9%
  • Mobile home & other10.1%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$77,400
Median rent$543
Owner-occupied43.9%
Vacant20.4%
Price-to-income2.9x
Est. income to buy$21,000