Zumper
modified
9 Hours Ago

Highlights

  • Pet Friendly

Location

3218 S Monroe St, Tacoma, WA 98409, USA|South Tacoma
Hi! Let’s figure out if this property is right for you.

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Tour The Monroe

Contact

Management

Targa Real Estate Services, Inc.*

Leasing office

(844) 906-0739 ext. 8099

Open 

9:00 am–5:00 pm PT

Property Overview

The Monroe achieves a commendable overall score of 8.3 from Zumper, highlighting its strong value proposition with a price rating of 10 out of 10, indicating exceptional balance between cost and amenities. It features an impressive amenities rating of 8 and a location rating of 9, ensuring unparalleled access to essential services and attractions. Additionally, its trustworthiness rating of 7 reflects a commitment to transparency, complemented by its competitive standing in the area based on value per square foot.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, The Monroe is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Monroe has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • High school nearby
  • More space

Floor plans

1x1 Income Restricted 65%1 bed1 bath546 sqft$1,362 /mo2 units available

Let's explore this property.

Amenities for The Monroe

Building

Cats OKDogs OK
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.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

$1,000

OPTIONAL FEES

Parking Policy

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.

Surface Lot

Parking Fee

Monthly. 2 surface lots max. Unassigned parking.

Contact Property

Dog Policy

Allowed
Limit2

Cat Policy

Allowed
Limit2

Cat

Pet Rent

Monthly. 2 cats max.

$25

Pet Fee

One-time fee per pet.

$300

Dog

Pet Rent

Monthly. 2 dogs max.

$25

Pet Fee

One-time fee per pet.

$300

Questions about this property’s policies and fees?

Building details

Property details

Year built1976
Units59
Lease terms12 months
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About The Monroe

HomeApartments in TacomaSouth Tacoma The Monroe

Welcome home to The Monroe!


Year Built: 1976

Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, The Monroe is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, The Monroe has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated The Monroe
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
The Monroe offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, The Monroe is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
The Monroe is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While The Monroe does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
The Monroe provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

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 The Monroe compares to other nearby properties.

Positives

High school nearby
There is a high school 0.3 mile away
More space
The 1-bedroom is 96 sqft larger than other listings nearby

Considerations

Greater distance from grade schools
The nearest elementary school is farther than 1 mile away
Greater distance from middle schools
The nearest middle school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in South Tacoma

1-bedroom apartments at The Monroe cost about 1% more than the average rent price for 1-bedroom apartments in South Tacoma.

Median rents as of Jan 3 2026.
South Tacoma
Tacoma
A table of studio rental data trends in Tacoma
MonthMedian Rent
February 2024$1,230
March 2024$1,276
April 2024$1,286
May 2024$1,296
June 2024$1,255
July 2024$1,246
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$1,250
A table of studio rental data trends in South Tacoma
MonthMedian Rent
February 2024$1,495
March 2024$1,280
April 2024$1,402
May 2024$2,162
June 2024$1,596
July 2024$1,430
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

Affordability calculator

Can I afford to live at 3218 S Monroe St?

Bedrooms

1 bedroom

Rent-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

$54,480/yr

With your selected rent-to-income ratio, you'd ideally want to make $54,480 annually to afford this 1-bedroom monthly rent price of $1,362.
For more information on rent affordability, visit our rent calculator.

Schools near The Monroe

Madison Headstart

3102 s 43rd st

tacoma, WA, 98409

PKPublic

DeLong Elementary School

4901 s 14 st st

tacoma, WA, 98405

PK, K-5Public
B-

Tacoma Special Services

601 s 8th st

tacoma, WA, 98405

PK, K-12Public
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Internet available near The Monroe

Neighborhood

South Tacoma | Tacoma, WA

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Tacoma near 3218 S Monroe St

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

4/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 3218 S Monroe St, Tacoma

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

6/10
Several shops within a few minutes’ walk

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

7/10
At least one elementary school within a 15-minute walk

High schools

9/10
At least one high school within a 10-minute walk

Parks

9/10
Very large amount of park space within a few minutes' walk

Nightlife

3/10
Some bars within walking distance

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By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by The Monroe.