What is the rental vacancy rate in Monroe, NC?

Name: Vacancy rate in Monroe, NC, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The rental vacancy rate in Monroe, NC is 2.0% (±2.0 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 0.5% (±0.8 points).

849 (±281) homes, 6.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Monroe, the rental vacancy rate went from 3.9% in 2015–2019 to 2.0% in 2020–2024 (−1.9 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Rental vacancy rate: 2.0% (±2.0 points)
Homeowner vacancy rate: 0.5% (±0.8 points)
Vacant homes: 849 (±281)

Vacancy in Monroe against Union County, its state and the nation

Estimate (90% margin of error)
	Monroe	Union County	North Carolina	United States
Rental vacancy rate	2.0% (±2.0 points)	2.7% (±1.3 points)	7.1% (±0.2 points)	5.5%
Homeowner vacancy rate	0.5% (±0.8 points)	0.5% (±0.3 points)	1.3% (±0.1 points)	0.9%
Vacant housing units	849 (±281)	4,614 (±580)	613,323 (±9,483)	14,547,859

The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.

In Monroe, the rental vacancy rate is not measurably different from Union County (2.7%).

It is also lower than in North Carolina (7.1%).

It is lower than the national figure (5.5%).

Rental vacancy rate in places near Monroe

Nearest places with a published estimate, compared with Monroe
Place	Distance	Rental vacancy rate	Compared with this place
Monroe	—	2.0% (±2.0 points)	—
Unionville	5.9 mi	0.0% (±12.3 points)	Not measurably different
Wingate	6.5 mi	6.5% (±7.8 points)	Not measurably different
Indian Trail	6.9 mi	5.2% (±4.6 points)	Not measurably different
Lake Park	7.1 mi	0.0% (±13.3 points)	Not measurably different
Wesley Chapel	7.5 mi	0.0% (±44.5 points)	Not measurably different
Mineral Springs	8.1 mi	0.0% (±20.8 points)	Not measurably different
Hemby Bridge	8.2 mi	0.0% (±30.0 points)	Not measurably different
Stallings	9.4 mi	0.0% (±5.1 points)	Not measurably different

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Rental vacancy rate across Union County, place by place

Rank	Place	Rental vacancy rate
1	Fairview	23.6% (±29.0 points)
2	Wingate	6.5% (±7.8 points)
3	Indian Trail	5.2% (±4.6 points)
4	Waxhaw	5.0% (±6.4 points)
5	Monroe	2.0% (±2.0 points)
6 (tie)	Hemby Bridge	0.0% (±30.0 points)
6 (tie)	Lake Park	0.0% (±13.3 points)
6 (tie)	Marshville	0.0% (±9.8 points)
6 (tie)	Marvin	0.0% (±100.0 points)
6 (tie)	Mineral Springs	0.0% (±20.8 points)
6 (tie)	Stallings	0.0% (±5.1 points)

Showing 11 of 14 places in Union County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Monroe

Is it hard to find a rental in Monroe?

The rental vacancy rate in Monroe, NC is 2.0% (±2.0 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.

Is the rental market in Monroe tighter than it was?

In Monroe, the rental vacancy rate went from 3.9% in 2015–2019 to 2.0% in 2020–2024 (−1.9 percentage points), not a measurable change.

How many homes are vacant in Monroe?

An estimated 849 (±281) housing units, 6.3% of the total, including seasonal homes and homes waiting to be sold or rented.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Monroe city, North Carolina (place:43920, in state:37).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.