Housing decision brief
Monroe County, OH Housing Market
Monroe County screens as a below-state purchase price, below-state rent, a manageable tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.
8th lowest home value out of 88 Ohio counties with data | 1st lowest rent out of 88
Median home value
$132,000
Purchase-price signal from Census ACS.
Median rent
$626/mo
Gross rent, including utilities where reported.
Monthly owner cost
$589/mo
Owner costs before individual loan terms.
Decision snapshot
Read this county in four signals.
Buy screen
2.2x
Median home value divided by local household income.
Rent burden
28.0%
Below 30% usually screens as less pressured.
Rent vs own
$37/mo
Median owner cost screens below median rent.
Data confidence
1 note
Crime coverage is partial, so safety comparisons need source context.
What Works
Lower purchase price
$132,000 median home value is 24% below Ohio county median
Lower rent
$626/mo is 25% below Ohio county median
Rent burden below pressure line
28.00% of renter income goes to rent, below the 30% burden threshold.
Owning screens cheaper than renting
Median owner costs are $37/mo below median rent before individual mortgage terms.
What to Check
Lower income base
$58,962 median income is 10% below Ohio county median
Water quality cross-check
Water quality grade is F. Review water data before treating housing cost as the full story.
Health context
Health score is 41.1 out of 100, so affordability should be weighed against local health indicators.
Crime data coverage
Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.
Best Fit For
- Buyers comparing homes to local incomes
- Households weighing ownership against renting
- Remote earners or cash buyers looking below the state price line
Poor Fit For
- Households dependent on a deep local wage market
- Buyers who will not investigate local water systems before moving
- Anyone treating reported crime rates as complete without source context
County vs State vs National
The county number only matters after you see the benchmark. These comparisons show where Monroe County is genuinely cheap, where it is average, and where the hidden cost may be.
| Metric | County | State | U.S. | Signal |
|---|---|---|---|---|
Median home value Lower usually helps affordability. | $132,000 | $173,050 | $281,900 | 24% favorable24% below Ohio county median |
Median gross rent Lower usually helps affordability. | $626 | $833 | $1,163 | 25% favorable25% below Ohio county median |
Monthly owner cost Lower usually helps affordability. | $589 | $903 | $1,672 | 35% favorable35% below Ohio county median |
Median household income | $58,962 | $65,182 | $74,755 | 10% pressure10% below Ohio county median |
Effective property-tax rate Lower usually helps affordability. | 0.87% | 1.00% | 1.02% | 13% favorable13% below Ohio county median |
Rent burden Lower usually helps affordability. | 28.00% | 26.00% | N/A | 8% pressure28.00% of renter income goes to rent. |
Income Fit
A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.
Rent cushion
+$33,922
Median income minus rent threshold.
Owner cushion
+$33,719
Median income minus owner-cost threshold.
Affordability Advisory
This turns the raw housing numbers into income and buy-versus-rent screens.
Affordability verdict
Monroe County offers affordable rental housing at a median of $626/month , about 12.7% of the typical household income here.
Rent vs own
The median rent in Monroe County is $626/month, while owner costs run $589/month. Owning saves approximately $37/month.
Income needed
To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $25,040/year. For owner costs at the 28% rule, the required income is roughly $25,243/year. With a median household income of $58,962, most households can comfortably afford rent here. Notably, 28.0% of renter households in Monroe County are cost-burdened, spending more than 30% of income on housing.
Regional context
Compared to Adams County where rent averages $700/month, Monroe County is approximately 11% less expensive.
Better Counties to Compare
Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.
| County | Home Value | Rent | Why compare |
|---|---|---|---|
| Vinton County, OH | $131,700 | $663/mo | Same-state comparison near $131,700 home value and $663/mo rent. |
| Hardin County, OH | $134,800 | $733/mo | Same-state comparison near $134,800 home value and $733/mo rent. |
| Morgan County, OH | $134,200 | $713/mo | Same-state comparison near $134,200 home value and $713/mo rent. |
| Columbiana County, OH | $139,100 | $736/mo | Same-state comparison near $139,100 home value and $736/mo rent. |
| Jackson County, OH | $140,400 | $773/mo | Same-state comparison near $140,400 home value and $773/mo rent. |
Data Confidence
- Crime coverage is partial, so safety comparisons need source context.
Next Checks
Housing Questions for Monroe County
Is Monroe County affordable for buying a home?
Is renting or owning cheaper in Monroe County?
How much income do you need for housing in Monroe County?
What should I double-check before moving to Monroe County?
Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.