Commercial Real Estate Market in Monroe, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
629 active listings and 4,721 off-market properties in Monroe, LA. Commercial property asks $178/SF to buy and $17.55/SF/Yr to lease.
Market Trends
Monroe, LA spans 249.0 square miles in Ouachita County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Monroe, LA runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Monroe, LA runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Monroe, LA runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Monroe, LA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 35.9%
- Industrial 19.8%
- Commercial 16.9%
- Open space 16%
- Civic 5.5%
- Mixed use 4.4%
- Planned_development 0.2%
Largest Zones share of zoned land by district
Single Family Residential
Commercial Industrial Business Park
Open Space Recreation
General Business And Commercial
High Density Residential
Monroe, LA zones 15,721 acres across 16 districts. Commercial zoning covers 16.9% of zoned land, residential 35.9%, open space 16% and industrial 19.8%. The largest single district is Single Family Residential at 27.9%. For commercial buyers the practical constraint is that only 36.7% of land carries a commercial or industrial designation.
Single Family Residential (R-1)
R-1 single-family residential district. The purpose and intent of the R-1 single-family residential district is to provide for the location and grouping of low-density, single-family residences with accompanying accessory uses that are protected from the adverse impacts of incompatible nonresidential land uses. (b)
Market overview
Demographics & Economy
Monroe, LA has 87,639 residents in 38,662 households. Density runs 352 people per square mile. Median household income here is $42,151 and median gross rent $910 a month.
87,639
Population
38,662
Households
2.3
Avg Household Size
35
Median Age
28%
College-Educated
87%
High-School Grad
249 sq mi
ZIP Area
352
Density / Sq Mi
$42,151
Median Household Income
$33,034
Median Earnings
$910
Median Rent
$164,595
Median Home Value
Tools
Lease vs Buy Breakeven
At $17.55/SF/Yr lease vs $178/SF buy → buying wins if held > 1.4 years.
At a 9.8% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| West Monroe | — | $9.68 |
| Swartz | — | — |
| Fairbanks | — | — |
| Calhoun | — | — |
Commercial property in Monroe, LA asks $178/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Monroe?
Commercial property in Monroe, LA asks an average of $178 per square foot.
How much does it cost to lease commercial space in Monroe?
Asking lease rates in Monroe, LA average $17.55 per square foot per year.
Is it cheaper to lease or buy commercial space in Monroe?
Buying beats leasing in Monroe, LA if the property is held longer than 1.4 years, comparing $17.55/SF/Yr asking rent with $178/SF asking price. The model assumes 30% down at 6.5% fixed, 2% of value per year in taxes and upkeep, 3% appreciation, 5% opportunity cost on the cash and a 3% annual rent escalator.
What zoning applies to commercial property in Monroe?
Monroe, LA zones 15,721 acres across 16 districts, of which 16.9% is commercial and 19.8% industrial. The largest single district is Single Family Residential at 27.9% of zoned land. R-1 single-family residential district. The purpose and intent of the R-1 single-family residential district is to provide for the location and grouping of low-density, single-family residences with accompanying accessory uses that are protected from the adverse impacts of incompatible nonresidential land uses. (b) Residential zoning covers 35.9% and open space 16%.
Where does Realmo's Monroe market data come from?
Realmo compiles Monroe, LA figures from 2 recent recorded sales, 505 active sale listings, 124 active lease listings, 4,721 tracked off-market properties, the current Monroe zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 505 active for-sale and 124 active for-lease listings in Monroe, LA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 15,721 zoned acres across 16 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
