3-Bedroom Rent · July 2026

3-Bedroom Apartment Rent in Monroe, NC

$1,895/mo

Median asking rent for a 3-bedroom apartment in Monroe, North Carolina as of July 2026. That's +2% lower than the citywide median of $1,934 and +11% below the national 3-bedroom median of $2,130.

3-Bedroom median
$1,895
July 2026
vs city overall
-2%
$1,934 city median
vs national
-11%
$2,130 US median
North Carolina rank
#76
of 124 cities

Income needed for a 3-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 3-bedroom at the current median rent.

Annual income
$75,800
Monthly gross
$6,317
Hourly (full-time)
$36.44

Rent by apartment size in Monroe

Compare Monroe's median rent across every apartment size.

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

Cheapest cities for a 3-bedroom in North Carolina

#City3-Bedroom rent
1Calabash$1,172
2Lumberton$1,180
3Marion$1,190
4Henderson$1,240
5Lenoir$1,260
6Waynesville$1,285
7Lexington$1,295
8Shelby$1,300
9Gibsonville$1,319
10Aberdeen$1,340
11Archdale$1,350
12Asheboro$1,350
13Sylva$1,350
14Thomasville$1,350
15Kings Mountain$1,360

Most expensive cities for a 3-bedroom in North Carolina

#City3-Bedroom rent
1Harrisburg$3,380
2Holly Springs$2,690
3Waxhaw$2,640
4Apex$2,620
5Chapel Hill$2,600
6Davidson$2,570
7Cornelius$2,500
8Pineville$2,440
9Cary$2,415
10Mooresville$2,390
11Pinehurst$2,380
12Mint Hill$2,340
13Fuquay Varina$2,330
14Durham$2,280
15Vass$2,260

Nearby cities — 3-bedroom rent

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

CityDistance3-Bedroom rentvs Monroe
Indian Trail, NC11.8 mi$2,083+$188 (+10%)
Matthews, NC14.2 mi$2,002+$107 (+6%)
Waxhaw, NC14.6 mi$2,640+$745 (+39%)
Mint Hill, NC16.7 mi$2,340+$445 (+23%)
Midland, NC19 mi$1,690$-205 (-11%)
Lancaster, SC21.6 mi$1,430$-465 (-25%)
Harrisburg, NC23.7 mi$3,380+$1,485 (+78%)
Charlotte, NC26.3 mi$1,990+$95 (+5%)
Pineville, NC26.4 mi$2,440+$545 (+29%)
Fort Mill, SC27.5 mi$2,370+$475 (+25%)
Concord, NC29.2 mi$1,985+$90 (+5%)
Albemarle, NC33.3 mi$1,380$-515 (-27%)

3-Bedroom rent in Monroe — common questions

How much is a 3-bedroom apartment in Monroe?

As of July 2026, the median 3-bedroom apartment rent in Monroe, North Carolina is $1,895 per month. This is +2% below the citywide median of $1,934.

What income do you need to afford a 3-bedroom in Monroe?

Using the standard 30% rent-to-income rule, you would need an annual income of about $75,800 ($6,317/month gross), which works out to roughly $36.44/hour at a full-time job.

Is Monroe expensive for a 3-bedroom compared to the rest of the US?

Monroe's 3-bedroom median of $1,895 is +11% below the national 3-bedroom median of $2,130. It ranks in the 38th percentile of US cities tracked.

How does Monroe rank for 3-bedroom rent in North Carolina?

Among the 124 cities in North Carolina with 3-bedroom data, Monroe ranks #76 from cheapest to most expensive.

Are there cheaper 3-bedroom options near Monroe?

Yes — nearby cities with cheaper 3-bedroom rents include Midland ($1,690), Lancaster ($1,430), Albemarle ($1,380).

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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.