2-Bedroom Rent · July 2026

2-Bedroom Apartment Rent in Monroe, NC

$1,540/mo

Median asking rent for a 2-bedroom apartment in Monroe, North Carolina as of July 2026. That's +20% lower than the citywide median of $1,934 and +7% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,540
July 2026
vs city overall
-20%
$1,934 city median
vs national
-7%
$1,655 US median
North Carolina rank
#87
of 124 cities

Income needed for a 2-bedroom in Monroe

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$61,600
Monthly gross
$5,133
Hourly (full-time)
$29.62

Rent by apartment size in Monroe

Compare Monroe's median rent across every apartment size.

Studio
$1,340
1-Bedroom
$1,395
2-Bedroom (current)
$1,540
3-Bedroom
$1,895
4+ Bedroom
$2,405

Cheapest cities for a 2-bedroom in North Carolina

#City2-Bedroom rent
1Gibsonville$726
2Ranlo$844
3Lumberton$930
4Shelby$930
5Marion$940
6Aberdeen$950
7Kings Mountain$990
8Waynesville$991
9Lexington$995
10Albemarle$1,010
11Henderson$1,010
12Lillington$1,020
13Lenoir$1,030
14Archdale$1,060
15Asheboro$1,060

Most expensive cities for a 2-bedroom in North Carolina

#City2-Bedroom rent
1Harrisburg$2,740
2Holly Springs$2,160
3Waxhaw$2,140
4Apex$2,107
5Chapel Hill$2,085
6Davidson$2,070
7Surf City$2,067
8Cornelius$2,030
9Pineville$1,980
10Cary$1,943
11Mint Hill$1,900
12Fuquay Varina$1,840
13Durham$1,832
14Raleigh$1,815
15Wake Forest$1,790

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Monroe.

CityDistance2-Bedroom rentvs Monroe
Indian Trail, NC11.8 mi$1,746+$206 (+13%)
Matthews, NC14.2 mi$1,622+$82 (+5%)
Waxhaw, NC14.6 mi$2,140+$600 (+39%)
Mint Hill, NC16.7 mi$1,900+$360 (+23%)
Midland, NC19 mi$1,370$-170 (-11%)
Lancaster, SC21.6 mi$1,050$-490 (-32%)
Harrisburg, NC23.7 mi$2,740+$1,200 (+78%)
Charlotte, NC26.3 mi$1,613+$73 (+5%)
Pineville, NC26.4 mi$1,980+$440 (+29%)
Fort Mill, SC27.5 mi$1,863+$323 (+21%)
Concord, NC29.2 mi$1,610+$70 (+5%)
Albemarle, NC33.3 mi$1,010$-530 (-34%)

2-Bedroom rent in Monroe — common questions

How much is a 2-bedroom apartment in Monroe?

As of July 2026, the median 2-bedroom apartment rent in Monroe, North Carolina is $1,540 per month. This is +20% below the citywide median of $1,934.

What income do you need to afford a 2-bedroom in Monroe?

Using the standard 30% rent-to-income rule, you would need an annual income of about $61,600 ($5,133/month gross), which works out to roughly $29.62/hour at a full-time job.

Is Monroe expensive for a 2-bedroom compared to the rest of the US?

Monroe's 2-bedroom median of $1,540 is +7% below the national 2-bedroom median of $1,655. It ranks in the 43th percentile of US cities tracked.

How does Monroe rank for 2-bedroom rent in North Carolina?

Among the 124 cities in North Carolina with 2-bedroom data, Monroe ranks #87 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Monroe?

Yes — nearby cities with cheaper 2-bedroom rents include Midland ($1,370), Lancaster ($1,050), Albemarle ($1,010).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Monroe, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.