Most of Monroe is in Ouachita Parish, where a full-time job needs to pay at least $23.48 an hour before taxes to take home four times the typical studio rent.
Across the 9 ZIP codes in Monroe with HUD rent figures, studio rents run from $720 to $870 a month. At the middle rent, $790, a full-time job would need to pay $23.81 an hour before taxes.
What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.
| ZIP | County | Studio rent | Pay needed |
|---|---|---|---|
| 71201 | Ouachita Parish | $790/mo | $23.81/hr |
| 71202 | Ouachita Parish | $720/mo | $21.54/hr |
| 71203 | Ouachita Parish | $870/mo | $26.39/hr |
| 71207 | Ouachita Parish | $790/mo | $23.81/hr |
| 71209 | Ouachita Parish | $870/mo | $26.39/hr |
| 71210 | Ouachita Parish | $790/mo | $23.81/hr |
| 71211 | Ouachita Parish | $790/mo | $23.81/hr |
| 71212 | Ouachita Parish | $790/mo | $23.81/hr |
| 71213 | Ouachita Parish | $790/mo | $23.81/hr |
Under the Four Times Rent standard, a full-time job in Monroe needs to pay at least $23.48 an hour before taxes, about $48,845 a year. That is the figure for Ouachita Parish, where the typical studio rent is $780 a month.
Yes. Across the 9 ZIP codes in Monroe with HUD rent figures, studio rents run from $720 to $870 a month. At the middle rent of $790, the pay needed would be $23.81 an hour.
The minimum wage in Ouachita Parish is $7.25 an hour. The Four Times Rent standard there is 3.2 times that.
The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads