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Targa Real Estate Services, Inc.*
The Monroe offers strong value with an excellent price rating, a high overall expert rating, and a location that supports convenient access to nearby points of interest and transportation. It also stands out for its amenities and trustworthy listing details, while its value-for-money ranking and proximity to a top-rated high school add to its appeal.
Things you’ll love
High school nearbyLess expensive| 1x1 Income Restricted 65% | 1 bed | 1 bath | 546 sqft | $1,205 /mo | 1 unit available |
Let's explore this property.
Apartment Amenities
| Model Home to View |
Building
| Cats OK | Dogs OK |
One-time.
One-time.
Surface Lot
Parking is first-come, first-served. All handicapped spaces require a valid handicap plate or placard. Each household is limited to two vehicles on the property.
Monthly. 2 surface lots max. Parking is first-come, first-served. All handicapped spaces require a valid handicap plate or placard. Each household is limited to two vehicles on the property.
Monthly. 2 cats max.
One-time fee per pet.
Monthly. 2 dogs max.
One-time fee per pet.
Questions about this property’s policies and fees?
| Year built | 1976 |
|---|---|
| Units | 59 |
| Lease terms | 12 months |
Welcome home to The Monroe!
How The Monroe compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at The Monroe cost about 7% less than the average rent price for 1-bedroom apartments in South Tacoma.
| Month | Median Rent |
|---|---|
| July 2024 | $1,251 |
| August 2024 | $1,254 |
| September 2024 | $1,280 |
| October 2024 | $1,257 |
| November 2024 | $1,339 |
| December 2024 | $1,296 |
| January 2025 | $1,275 |
| February 2025 | $1,261 |
| March 2025 | $1,308 |
| April 2025 | $1,180 |
| May 2025 | $1,197 |
| June 2025 | $1,223 |
| July 2025 | $1,209 |
| August 2025 | $1,194 |
| September 2025 | $1,211 |
| October 2025 | $1,215 |
| November 2025 | $1,204 |
| December 2025 | $1,248 |
| January 2026 | $1,230 |
| February 2026 | $1,210 |
| March 2026 | $1,236 |
| April 2026 | $1,242 |
| May 2026 | $1,204 |
| June 2026 | $1,198 |
| July 2026 | $1,195 |
| Month | Median Rent |
|---|---|
| September 2024 | $1,295 |
| October 2024 | $1,245 |
| November 2024 | $1,095 |
| December 2024 | $1,095 |
| January 2025 | $1,095 |
| February 2025 | $1,200 |
| March 2025 | $1,220 |
| April 2025 | $1,041 |
| May 2025 | $1,011 |
| June 2025 | $1,123 |
| July 2025 | $1,199 |
| August 2025 | $1,113 |
| September 2025 | $1,031 |
| October 2025 | $1,048 |
| November 2025 | $999 |
| December 2025 | $1,200 |
| January 2026 | $1,200 |
| February 2026 | $1,084 |
| March 2026 | $999 |
| April 2026 | $1,039 |
| May 2026 | $1,178 |
| June 2026 | $1,123 |
| July 2026 | $1,085 |
Can I afford to live at 3218 S Monroe St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$48,200/yr
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$1,125–$1,550
New Tacoma • 1328 Market St
Studio–2 Beds
$1,271–$2,099
New Tacoma • 1915 Tacoma Ave S
Studio–2 Beds
$1,511–$2,607
South End • 8702 S Hosmer St
Studio
$995–$1,170
South End • 9210 S Hosmer St
1–2 Beds
$1,415–$1,759
South Tacoma • 3509 S Orchard St
1–3 Beds
$1,558–$2,395
South End • 7414 S Hosmer St
Studio–1 Bed
$1,125–$1,550
