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West Monroe

Learn about the people, housing, costs and businesses in West Monroe, Louisiana

Median Home$178,130
Median Rent$889/month
Population13,188
Leading IndustriesTransportation · Wholesale Trade · Professional Services4% transportation
Home Value Growth+8.7% over 2 years
Family-Friendly25% of residentsslightly above average
Renters53% of occupied units
NotableAmenity Score78/100 · highly walkable area
West Monroe
LA

Frequently Asked Questions

What are today's mortgage rates in West Monroe?

As of today, the 30-year fixed mortgage rate for West Monroe is approximately 6.963% (7.005% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in West Monroe?

The median home value in West Monroe is $178k. The median monthly rent is $889. Annual property taxes average $618. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in West Monroe?

Home values in West Monroe have increased 8.7% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in West Monroe?

Based on a typical all-in ownership cost of $874/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $37k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in West Monroe is $55k/year.

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What industries drive the economy in West Monroe?

The largest employment sectors in West Monroe are public administration (23%) and wholesale trade (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.