71203
Monroe, Louisiana.
Monroe, Ouachita Parish, LA · Monroe, LA metro · population 38,354
to buy the typical home at today's mortgage rate — +$430 (+77%) since Jan 2020.
- 1 year
- Up $3,167 +2%
- $185,306$188,473 since Sep 2025
- 5 years
- Up $24,996 +15%
- $163,477$188,473 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 71203$989
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 24 years.
Typical home values in zip 71203 rose 1.7% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Monroe, LA — measured over the city limits, which is a different area from this zip.
Asking rent — 71203
Against the Monroe, LA metro and the national benchmark.
- 71203$1,323
- Monroe$1,180
- United States$1,932
Typical home value — 71203
Mid-tier homes, smoothed and seasonally adjusted.
- 71203$188,473
- Monroe$166,928
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 6.3 | 71201 | Monroe | 21,782 | $1,508 | $215,575 |
| 8.0 | 71229 | Collinston | 1,331 | — | $149,832 |
| 9.9 | 71291 | West Monroe | 35,269 | $1,267 | $220,135 |
| 11.0 | 71280 | Sterlington | 5,269 | — | $235,610 |
| 13.3 | 71202 | Monroe | 25,444 | $749 | $61,876 |
| 14.0 | 71264 | Oak Ridge | 1,130 | — | $186,265 |
| 16.3 | 71269 | Rayville | 12,318 | — | $178,968 |
| 17.3 | 71292 | West Monroe | 22,935 | $921 | $156,696 |
| 19.4 | 71234 | Downsville | 5,396 | — | $204,295 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.