The apartment vacancies in Monroe run very much on a college city cycle. This means you should start looking before the end of the winter term in order to find a place for the start of the fall semester.
Because of a steadily declining population, there are a number of open apartments in Monroe. Don't let this make you overconfident. Take applying for an apartment as seriously as you would in New York City, and you should be able to find an apartment that suits your needs to a tee.
The City of Monroe operates a local bus system that offers both day and night coverage of the city. Night service ends at 10:30 though, so if you plan to be making your way across the city any later, you'll need to arrange for alternate methods of transportation.
Explore the Black Bayou Lake Wildlife Refuge to see terrain and wildlife that you can't see anywhere in the country except in the Bayou of Louisiana. The Southern Girls Saloon is a great place to kick back and grab a drink. But the best times in Monroe come at Mardis Gras, where, like much of the state, the city does its very best to throw the best party in the country.