Cost of Living in Monroe County, Ohio

$626/mo
Median Monthly Rent
$132,000
Median Home Value
28% below state averageUnaffordable

At a Glance

Median Monthly Rent
$626/mo
28% below state average
Median Home Value
$132,000
53% below national
Rent-to-Income Ratio
28.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Monroe County Compares

Median monthly rent comparison

Monroe County$626/mo
Ohio Average$873/mo
National Median$1,163/mo

Detailed Housing Stats

$626/mo
Median Gross Rent
$132,000
Median Home Value
$589/mo
Monthly Owner Cost
28.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Monroe County, Ohio

Monroe County punches above its weight

Monroe County renters spend just 12.7% of their income on housing—below the national 15% threshold—despite earning $15,793 below the U.S. median. This rural county achieves surprising affordability through exceptionally low housing costs.

Ohio's third-most affordable county

Monroe County's 12.7% rent-to-income ratio ranks among Ohio's best, sitting nearly 2.9 percentage points below the state average of 15.6%. With the lowest median rent of $626 in this analysis, Monroe delivers remarkable affordability.

Deepest discount in the region

Monroe County's $626 median rent is dramatically lower than any peer county—Meigs ($704) is the second-lowest but still $78 higher. The trade-off is lower wages at $58,962, but the housing savings more than compensate.

Monroe's minimal housing burden

The median Monroe County household earning $58,962 annually spends just $626 on rent or $589 on mortgage costs monthly. Both renters (12.7%) and homeowners (12%) allocate minimal portions of income to housing—extraordinary by any standard.

Monroe County for serious savers

Monroe County's rock-bottom rents make it ideal for relocators prioritizing maximum savings and lower cost of living. Verify job availability and wage levels carefully, but if you can secure stable employment, Monroe offers unmatched housing affordability.

Affordability Calculator

See how your income compares to housing costs in Monroe County

$

Rent Burden

12.7%

of gross income

Max Housing (28% Rule)

$1,376

per month

Owner Cost Burden

12.0%

of gross income

You can likely afford the median home in Monroe County

Median home value is $132,000. Estimated monthly cost: $1,054 vs. your max of $1,376.

Rent Affordability Guide

Your rent-to-income ratio12.7%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Monroe County, Ohio?
Monroe County, Ohio has a median monthly rent of $626/mo and a median home value of $132,000. The affordability rating is Unaffordable, with rent making up approximately 28.0% of median household income.
What is the median rent in Monroe County?
The median gross rent in Monroe County is $626/mo. This is 28% below state average for Ohio.
Is Monroe County affordable?
Monroe County is rated Unaffordable based on rent-to-income ratio of 28.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Monroe County's rent compare to the state average?
Monroe County's median rent of $626/mo is 28% below state average of $873/mo for Ohio.
What is the median home value in Monroe County?
The median home value in Monroe County, Ohio is $132,000. This is 53% below the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.