Commercial Real Estate Market in Monroe, UT
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
10 active listings and 69 off-market properties in Monroe, UT. Commercial property asks $5/SF to buy and $21.43/SF/Yr to lease.
Market Trends
Monroe, UT spans 79.8 square miles in Sevier County, Utah. Figures below refresh monthly; last updated 30 September 2026.
Office
Office vacancy in Monroe, UT runs 20.8% across the West region in 2025, up from 11% in 2019.
Vacancy Rate % in West region
Retail
Retail vacancy in Monroe, UT runs 5.8% across the West region in 2025, down from 7% in 2020.
Vacancy Rate % in West region
Industrial
Industrial vacancy in Monroe, UT 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, UT 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
- Industrial 49.2%
- Special 40.7%
- Commercial 10.1%
Largest Zones share of zoned land by district
Rural Residential
Flood Prone Zone
Commercial Residential District
Recreation Commercial
Light Industrial Residential District
Rural Residential (RR-1)
The general characteristic of this zone is to promote and preserve, in appropriate areas, conditions favorable to large lot family life and the preservation of family food production activities, This district is intended to be primarily residential in character and protected from encroachment by commercial and industrial uses
Market overview
Demographics & Economy
Monroe, UT has 4,004 residents in 1,658 households. Density runs 50 people per square mile. Median household income here is $67,600 and median gross rent $1,042 a month.
4,004
Population
1,658
Households
2.4
Avg Household Size
38
Median Age
25%
College-Educated
91%
High-School Grad
79.8 sq mi
ZIP Area
50
Density / Sq Mi
$67,600
Median Household Income
$35,452
Median Earnings
$1,042
Median Rent
$272,400
Median Home Value
Tools
Frequently Asked Questions
What is the average price per square foot for commercial property in Monroe?
Commercial property in Monroe, UT asks an average of $5 per square foot.
How much does it cost to lease commercial space in Monroe?
Asking lease rates in Monroe, UT average $21.43 per square foot per year.
Where does Realmo's Monroe market data come from?
Realmo compiles Monroe, UT figures from 9 active sale listings, 1 active lease listings, 69 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 9 active for-sale and 1 active for-lease listings in Monroe, UT. 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: 2,288 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 · How Realmo checks market page data · Report a data issue
