Commercial Real Estate Market in West Monroe, LA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
317 active listings and 2,753 off-market properties in West Monroe, LA. Commercial property asks $200/SF to buy and $9.68/SF/Yr to lease.
Market Trends
West Monroe, LA spans 219.2 square miles in Ouachita County, Louisiana. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in West 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 West 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 West 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 West Monroe, LA runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Market overview
Demographics & Economy
West Monroe, LA has 57,444 residents in 25,547 households. Density runs 262 people per square mile. Median household income here is $61,997 and median gross rent $939 a month.
57,444
Population
25,547
Households
2.2
Avg Household Size
38
Median Age
26%
College-Educated
88%
High-School Grad
219.2 sq mi
ZIP Area
262
Density / Sq Mi
$61,997
Median Household Income
$44,046
Median Earnings
$939
Median Rent
$180,054
Median Home Value
Tools
Lease vs Buy Breakeven
At $9.68/SF/Yr lease vs $200/SF buy → buying wins if held > 11.3 years.
At a 4.8% 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 |
|---|---|---|
| Monroe | — | $17.55 |
| Swartz | — | — |
| Fairbanks | — | — |
| Calhoun | — | — |
Commercial property in West Monroe, LA asks $200/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in West Monroe?
Commercial property in West Monroe, LA asks an average of $200 per square foot. The 6 most recent recorded sales traded at a median of $35/SF, so asking sits 479% above the achieved median.
How much does it cost to lease commercial space in West Monroe?
Asking lease rates in West Monroe, LA average $9.68 per square foot per year.
Is it cheaper to lease or buy commercial space in West Monroe?
Buying beats leasing in West Monroe, LA if the property is held longer than 11.3 years, comparing $9.68/SF/Yr asking rent with $200/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.
Where does Realmo's West Monroe market data come from?
Realmo compiles West Monroe, LA figures from 7 recent recorded sales, 284 active sale listings, 33 active lease listings, 2,753 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 284 active for-sale and 33 active for-lease listings in West 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.
- 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, industrial vacancy is reported at South region level and asking prices run materially above recent closed pricing.
- 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
