Monroe, NC

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Monroe short-term rental market based on reliable data.

Listings

52 / 101

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$35,230

Middle-Earners Revenue

Occupancy

69%

Middle-Earners Occupancy

Home Value

$348,131

Median Home Sale Price

Top Earners

$60,453

Top-Earners Revenue

Monroe

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Monroe.

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B

Generally Investor friendly

Monroe Regulations

STRs are allowed citywide with no dedicated STR permits or caps, keeping city-level burden low. However, investors must navigate general compliance (state/county taxes, housing codes, zoning, and HOA covenants), which adds moderate process complexity and some property-specific risk.

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About Monroe

Monroe is a city in and the county seat of Union County, North Carolina, United States. The population increased from 32,797 in 2010 to 34,551 in 2020. It is within the rapidly growing Charlotte metropolitan area. Monroe has a council-manager form of government.

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