Cost of Living in Monroe County, West Virginia
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
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
Detailed Housing Stats
National Ranking
Affordability Rank
Monroe County ranks #223 of 3,142 counties for affordability (top 7%)
Sourced county brief
Monroe County Rent-to-Income Percentage at 24.1 Percent
In Monroe County, the official median gross rent as a percentage of household income (GRAPI) was 24.1 percent. This is 4.6 percentage points lower than the West Virginia unweighted county mean of 28.7 percent. The median gross rent was estimated at $690 per month, which is $87 less than the state unweighted county mean of $777. The median home value in Monroe County was $156,300, which is $8,296 above the state unweighted county mean of $148,004. Median selected monthly owner costs were $567, while the state unweighted county mean for owner costs was $598. Renter-household median income was estimated at $37,302. These statistics represent a snapshot from the 2020-2024 5-year estimates provided by the U.S. Census Bureau. See ACS table B25071 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Monroe County
Affordability Verdict
ACS B25071 estimates median gross rent at 24.1% 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 $690 per month; median selected monthly owner costs are $567. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $27,600 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 West Virginia unweighted mean of county median rents is $777 per month. Monroe County's $690 median is 11.2% 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
14.6%
of gross income
Max Housing (28% Rule)
$1,324
per month
Owner Cost Burden
12.0%
of gross income
You can likely afford the median home in Monroe County
Median home value is $156,300. Estimated monthly cost: $1,248 vs. your max of $1,324.
Rent Affordability Guide
Income Needed Calculator
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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
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See Today's RatesData: 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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