CostBy County

Cost of Living in Monroe County, Ohio

$672/mo
Median Monthly Rent
$142,700
Median Home Value

At a Glance

Median Monthly Rent
$672/mo
26% below state average
Median Home Value
$142,700
57% below national
Census GRAPI
26.7%
Median gross rent as % of renter income

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

Affordability Rating
Affordable
Median gross rent is under 30% of renter household income

These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.

How Monroe County Compares

Median monthly rent comparison

Monroe County$672/mo
Ohio Average$904/mo
National Median$1,413/mo

Detailed Housing Stats

$672/mo
Median Gross Rent
$142,700
Median Home Value
$581/mo
Monthly Owner Cost
26.7%
Census GRAPI

National Ranking

Affordability Rank

Monroe County ranks #207 of 3,142 counties for affordability (top 7%)

Most AffordableLeast Affordable

Sourced county brief

Monroe County Median Owner Costs Below State Unweighted Mean

Median selected monthly owner cost is $581. This is $393 below the state unweighted county mean of $974. The median gross rent was estimated at $672 per month, which is $232 lower than the state unweighted mean of $904. The official rentBurdenGrapiPct is 26.7%, a figure that is 0.2 percentage points lower than the state unweighted mean of 26.9%. Median home value in the county was recorded at $142,700, which is $53,625 below the state unweighted county mean of $196,325. Renter-household income was recorded at $32,295. The canonical rentToIncomePct is official ACS B25071 GRAPI. See ACS table B25071 for the underlying estimate.

Cost of Living Advisory: Monroe County

Affordability Verdict

ACS B25071 estimates median gross rent at 26.7% of renter household income in Monroe County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.

Rent vs. Own

Median gross rent is $672 per month; median selected monthly owner costs are $581. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.

Income Needed

Using the common 30% budgeting benchmark, $26,880 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.

Regional Context

The Ohio unweighted mean of county median rents is $904 per month. Monroe County's $672 median is 25.7% below that comparison value.

Data version acs5-2020-2024 · Method cost-advisory-v2

Affordability Calculator

See how your income compares to housing costs in Monroe County

$

Rent Burden

13.4%

of gross income

Max Housing (28% Rule)

$1,403

per month

Owner Cost Burden

11.6%

of gross income

You can likely afford the median home in Monroe County

Median home value is $142,700. Estimated monthly cost: $1,139 vs. your max of $1,403.

Rent Affordability Guide

Your entered rent as a share of entered income13.4%
Recommended max30.0%

Income Needed Calculator

See how much you need to earn to comfortably afford housing

$
Rent Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,134Needed: $26,880
Owner Cost Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,134Needed: $24,900
Mortgage Affordability

$0/yr

Needed to stay within recommended threshold

Median income:$0/yr
Can you afford it? Yes
Your income: $60,134Needed: $33,210

Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.

Frequently Asked Questions

What is the cost of living in Monroe County, Ohio?
Monroe County, Ohio has a median monthly rent of $672/mo and a median home value of $142,700. The affordability rating is Affordable, with median gross rent equal to approximately 26.7% of renter household income.
What is the median rent in Monroe County?
The median gross rent in Monroe County is $672/mo. This is 26% below state average for Ohio.
Is Monroe County affordable?
Monroe County is rated Affordable using the Census median gross-rent-as-a-percentage-of-income measure of 26.7%. Median gross rent is under 30% of renter household income.
How does Monroe County's rent compare to the state average?
Monroe County's median rent of $672/mo is 26% below state average of $904/mo for Ohio.
What is the median home value in Monroe County?
The median home value in Monroe County, Ohio is $142,700. This is 57% below the national median home value of $332,700.

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Published by the CostByCounty Editorial Team. See our methodology and corrections policy.Data build reviewed 2026-07-09; first published 2026-03-10.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.

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