Studio Apartment Rent in Monroe, NC
Median asking rent for a studio apartment in Monroe, North Carolina as of July 2026. That's +31% lower than the citywide median of $1,934 and +4% above the national studio median of $1,290.
Income needed for a studio 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 studio at the current median rent.
Rent by apartment size in Monroe
Compare Monroe's median rent across every apartment size.
Cheapest cities for a studio in North Carolina
| # | City | Studio rent |
|---|---|---|
| 1 | Waynesville | $675 |
| 2 | Albemarle | $690 |
| 3 | Shelby | $700 |
| 4 | Lumberton | $720 |
| 5 | Lenoir | $730 |
| 6 | Henderson | $760 |
| 7 | Lillington | $770 |
| 8 | Marion | $790 |
| 9 | Aberdeen | $800 |
| 10 | Kings Mountain | $800 |
| 11 | Raeford | $810 |
| 12 | Graham | $840 |
| 13 | Kinston | $840 |
| 14 | Jacksonville | $845 |
| 15 | Lexington | $850 |
Most expensive cities for a studio in North Carolina
| # | City | Studio rent |
|---|---|---|
| 1 | Harrisburg | $2,380 |
| 2 | Holly Springs | $1,870 |
| 3 | Waxhaw | $1,860 |
| 4 | Apex | $1,827 |
| 5 | Davidson | $1,800 |
| 6 | Cornelius | $1,770 |
| 7 | Chapel Hill | $1,725 |
| 8 | Pineville | $1,720 |
| 9 | Cary | $1,685 |
| 10 | Mint Hill | $1,650 |
| 11 | Fuquay Varina | $1,580 |
| 12 | Raleigh | $1,579 |
| 13 | Wake Forest | $1,560 |
| 14 | Huntersville | $1,521 |
| 15 | Knightdale | $1,520 |
Nearby cities — studio rent
Considering nearby alternatives? 3 of these cities have cheaper studio rents than Monroe.
| City | Distance | Studio rent | vs Monroe |
|---|---|---|---|
| Matthews, NC | 14.2 mi | $1,411 | +$71 (+5%) |
| Waxhaw, NC | 14.6 mi | $1,860 | +$520 (+39%) |
| Mint Hill, NC | 16.7 mi | $1,650 | +$310 (+23%) |
| Midland, NC | 19 mi | $1,180 | $-160 (-12%) |
| Lancaster, SC | 21.6 mi | $910 | $-430 (-32%) |
| Harrisburg, NC | 23.7 mi | $2,380 | +$1,040 (+78%) |
| Charlotte, NC | 26.3 mi | $1,403 | +$63 (+5%) |
| Pineville, NC | 26.4 mi | $1,720 | +$380 (+28%) |
| Fort Mill, SC | 27.5 mi | $1,620 | +$280 (+21%) |
| Concord, NC | 29.2 mi | $1,400 | +$60 (+4%) |
| Albemarle, NC | 33.3 mi | $690 | $-650 (-49%) |
| Rock Hill, SC | 36 mi | $1,415 | +$75 (+6%) |
Studio rent in Monroe — common questions
How much is a studio apartment in Monroe?
As of July 2026, the median studio apartment rent in Monroe, North Carolina is $1,340 per month. This is +31% below the citywide median of $1,934.
What income do you need to afford a studio in Monroe?
Using the standard 30% rent-to-income rule, you would need an annual income of about $53,600 ($4,467/month gross), which works out to roughly $25.77/hour at a full-time job.
Is Monroe expensive for a studio compared to the rest of the US?
Monroe's studio median of $1,340 is +4% above the national studio median of $1,290. It ranks in the 53th percentile of US cities tracked.
How does Monroe rank for studio rent in North Carolina?
Among the 118 cities in North Carolina with studio data, Monroe ranks #87 from cheapest to most expensive.
Are there cheaper studio options near Monroe?
Yes — nearby cities with cheaper studio rents include Midland ($1,180), Lancaster ($910), Albemarle ($690).