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Frances Place Apartments apartments in Monroe, LA

Updated

Frances Place Apartments

1701 McKeen Pl, Monroe, LA 71201, USA

Live pricing, refreshed

1
Units Listed
$800
Starting at
$800
Average
$800
Highest
$1.07
Per Sq Ft

How does this compare? View Monroe 71201 rent trends

Price History

Timeframe

Property Price Trend

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$71K

$852K annual run rate

Modeled estimate

Est. Occupancy

99%

of about 81 units (modeled from leasing activity)

Effective Rent on New Leases

$887

vs $800 current asking

Recent Lease Activity

81 units tracked; 80 assumed leased, 1 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

1

Limited availability

1 floor plan

Move-in Specials

0

No active promotions

Negotiation Leverage

Limited leverage

High demand property with less room to negotiate on price.

Price vs. Monroe, LA

Similar
Meadowbrook Park apartments
$605
Frances Place Apartments
$800

Comparing this building against 1 similar Monroe, LA apartments by price. Click any bar to view that building.

See rent trends on the Monroe, LA map Explore Monroe, LA on the interactive map

Available Units

1 units
1 Bed / 1 Bath 1 Bedroom
$800/mo
750 ft² · $1.07/ft² · #4

Train activity

Trains close by

Freight line 797 ft away

  • Trains pass infrequently
  • Crossing 797 ft away. Horns expected during the day.
  • Operator: UP

Why this matters →

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Monroe, LA notes

No resident notes for this property yet.

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Monroe 71201 Rent Trends

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