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The scenario of the spin reorientation in two-dimensional films within first-order anisotropy approximation is theoretically studied by means of Monte Carlo simulations. The magnetic microstructure is investigated as a function of the ratio of the perpendicular anisotropy energy to the dipolar one. If the anisotropy dominates, out-of-plane domains will be found while in-plane vortices appear for a vanishing anisotropy. In the range of comparable anisotropy and dipolar energies a complex domain pattern evolves yielding a continuous transition between the two structures. The structure with equally distributed magnetic moment orientations is stable at the point where anisotropy and dipolar energies cancel each other.