5+ Days Ago
Location
1503 S 5th St, Monroe, LA 71202, USA
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Amenities for 1503 S 5th St
Apartment Amenities
| Carpet | Hardwood Floor |
Building
| Onsite Laundry |
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
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About 1503 S 5th St
The single family home at 1503 S 5th St, Monroe, LA 71202 has approximately 892 square feet with 2 beds and 1 bath. Laundry facility not included. This home comes unfurnished and is gas and electric. There is carpet in the bedrooms and hardwood floor in the rest of the home. The living room has a gas heater. Tenant responsible for all utilities. The utility companies are City of Monroe, Entergy, and Atmos. $450 rent. $450 deposit. Tenant responsible for window units and appliances. Tenant may use current appliances, but they will not be repaired or replaced. One pet allowed with nonrefundable pet deposit of $450. Non-aggressive breeds only. Nearby schools include Clara Hall Accelerated School, Martin Luther King Jr. Middle School and Wossman High School. Full deposit and full rent due prior to move in. We check income, rental history, credit, eviction history, and criminal history. Please fill out an application at therentalassociation. com to schedule your viewing today! (Application required to schedule. One application and one $60 nonrefundable application fee is good to view all of our properties.) **Proof of Renters Insurance with The Rental Association as "additional interest" , required before move in.**
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 1503 S 5th St, Monroe, LA 71202, USA compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 0.1 mile away
- High school nearby
- There is a high school 1 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Zip code | 71202 |
|---|---|
| Type | House for rent |
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Rent trends in Monroe
2-bedroom apartments at 1503 S 5th St cost about 44% less than the average rent price for 2-bedroom apartments in Monroe.
Median rents as of Oct 25 2025.
Monroe
| Month | Median Rent |
|---|---|
| November 2023 | $788 |
| December 2023 | $767 |
| January 2024 | $770 |
| February 2024 | $795 |
| March 2024 | $828 |
| April 2024 | $844 |
| May 2024 | $850 |
| June 2024 | $847 |
| July 2024 | $803 |
| August 2024 | $841 |
| September 2024 | $814 |
| October 2024 | $812 |
| November 2024 | $807 |
| December 2024 | $815 |
| January 2025 | $830 |
| February 2025 | $819 |
| March 2025 | $840 |
| April 2025 | $906 |
| May 2025 | $922 |
| June 2025 | $895 |
| July 2025 | $863 |
| August 2025 | $852 |
| September 2025 | $863 |
| October 2025 | $836 |
Affordability calculator
Can I afford to live at 1503 S 5th St?
Bedrooms
2 bedroomsRent-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
$18,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $18,000 annually to afford this 2-bedrooms monthly rent price of $450.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 1 year ago | $450 | 2 bed | 1 bath | ||
| 1 year ago | $450 | 2 bed | 1 bath | ||
| 1 year ago | $450 | 2 bed | 1 bath | ||
| 3 years ago | $535 | 2 bed | 1 bath |
Schools near 1503 S 5th St
Clara Hall Accelerated School
1000 plum st
monroe, LA, 71202
PK, K-2Public
B-
Thomas Jefferson Elementary School
1001 pecan st
monroe, LA, 71202
3-6Public
C
Sherrouse School
300 sherrouse ave
monroe, LA, 71203
K-12Public
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Internet available near 1503 S 5th St
Neighborhood
NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.
Getting around Monroe near 1503 S 5th St
Walking
5/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 1503 S 5th St, Monroe
Groceries
5/10
At least one grocery store within a 30-minute walk
Shopping
5/10
Some shops within walking distance
Cafes
1/10
Few or no cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
5/10
At least one high school within a 30-minute walk
Nightlife
2/10
Few or no bars within walking distance
Other units at this address
1503 S 5th St, Monroe, LA
1503 S 5th St Monroe, LA
Occupied
1
2 Beds
1 Bath
$450
Carpet • Hardwood Floor
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