Updated 5+ Days Ago
Location
1116 Oliver Rd, Monroe, LA 71201, USA
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Property Overview
Located near a top-rated middle school and ranking well for value for money, the home also sits in an area with transit options and walkable nearby access. The surrounding neighborhood supports an active social setting, with many restaurants close by and a mix of age groups in the community.
This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
Great for
Social life
Amenities for 1116 Oliver Rd
Features
| Central Air |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
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About 1116 Oliver Rd
Property Status: Active For Lease - Former Tax Preparation Office; Large open work area; two private offices; one restroom; Leased "as is" Office Phone: (318) 807-4666 Copyright © 2026 Northeast Louisiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 1116 Oliver Rd compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.4 miles away
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 0.9 miles away
- Greater distance from high schools
- The nearest high school is farther than 1.2 miles away
Address details
| Zip code | 71201 |
|---|---|
| Type | House for rent |
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Rent trends in Monroe
studio apartments at 1116 Oliver Rd cost about 37% less than the average rent price for studio apartments in Monroe.
Median rents as of Oct 10 2026.
Monroe
| Month | Median Rent |
|---|---|
| December 2025 | $590 |
| January 2026 | $621 |
| February 2026 | $666 |
| March 2026 | $682 |
| April 2026 | $680 |
| May 2026 | $679 |
| June 2026 | $680 |
| July 2026 | $2,002 |
| August 2026 | $2,004 |
| September 2026 | $2,179 |
| October 2026 | $2,250 |
Affordability calculator
Can I afford to live at 1116 Oliver Rd?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$53,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $53,000 annually to afford this studio monthly rent price of $1,325.
For more information on rent affordability, visit our rent calculator.
Schools near 1116 Oliver Rd
Lexington Elementary School
1905 spencer ave
monroe, LA, 71201
PK, K-2Public
A-
Sallie Humble Elementary School
3800 westminister ave
monroe, LA, 71201
3-6Public
B
Sherrouse School
300 sherrouse ave
monroe, LA, 71203
K-12Public
Southside Alternative High School
4701 south grand st
monroe, LA, 71202
1-12Public
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Internet available near 1116 Oliver Rd
Getting around Monroe near 1116 Oliver Rd
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
8/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Points of interest for 1116 Oliver Rd, Monroe
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
8/10
Wide variety of shops within a few minutes' walk
Cafes
9/10
Wide variety of cafés within a few minutes’ walk
Restaurants
8/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
7/10
At least one elementary school within a 15-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Nightlife
5/10
Variety of bars within a short drive
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