Commercial Real Estate Market in Monroe, OR
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
6 active listings and 62 off-market properties in Monroe, OR.
Market Trends
Monroe, OR spans 91.9 square miles in Benton County, Oregon. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Monroe, OR runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Monroe, OR runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Monroe, OR runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily vacancy in Monroe, OR runs 8.6% across the West region in 2025, up from 7% in 2022.
Vacancy Rate % in West region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 60.1%
- Civic 21.9%
- Industrial 9.9%
- Commercial 8.1%
Largest Zones share of zoned land by district
Low Density Residential
Public Use
Medium Density Residential
Industrial
Commercial
Monroe, OR zones 325 acres across 5 districts. Commercial zoning covers 8.1% of zoned land, residential 60.1% and industrial 9.9%. The largest single district is Low Density Residential at 43.1%. For commercial buyers the practical constraint is that only 18% of land carries a commercial or industrial designation.
Low Density Residential (GRA)
To provide areas suitable and desirable for low density single family residential use with provisions for associated residential or public service uses
Market overview
Demographics & Economy
Monroe, OR has 3,097 residents in 1,243 households. Density runs 34 people per square mile. Median household income here is $66,250 and median gross rent $1,189 a month.
3,097
Population
1,243
Households
2.5
Avg Household Size
46
Median Age
25%
College-Educated
84%
High-School Grad
91.9 sq mi
ZIP Area
34
Density / Sq Mi
$66,250
Median Household Income
$37,416
Median Earnings
$1,189
Median Rent
$372,100
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Monroe?
Commercial property in Monroe, OR asks an average of $1,140 per square foot.
What zoning applies to commercial property in Monroe?
Monroe, OR zones 325 acres across 5 districts, of which 8.1% is commercial and 9.9% industrial. The largest single district is Low Density Residential at 43.1% of zoned land. To provide areas suitable and desirable for low density single family residential use with provisions for associated residential or public service uses Residential zoning covers 60.1% and open space 0%.
Where does Realmo's Monroe market data come from?
Realmo compiles Monroe, OR figures from 6 active sale listings, 62 tracked off-market properties, the current Monroe zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 6 active for-sale and 0 active for-lease listings in Monroe, OR. 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: 325 zoned acres across 5 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 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West 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 30 September 2026 · report a data issue
