Monroe, OH

Rent in Monroe

Median Gross Rent

$1,111

Rent-to-Income Ratio

20.2%

Renter Share

19.2%

Median Renter Income

$62,868

Avg Household Size

2.5

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

2 Bedrooms: $991
3 Bedrooms: $1,179

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 18.0%
$1,000-$1,500: 32.2%
$1,500-$2,000: 12.3%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 37.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 30.8%
20-30% (moderate): 18.5%
30-50% (cost-burdened): 8.5%
50%+ (severely cost-burdened): 4.7%
Not Computed: 37.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $70,250
Renter Households: $62,868

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 46.0%
$1,000-$1,500: 16.6%
$1,500-$2,000: 0.0%
$2,000-$2,500: 0.0%
$2,500+: 0.0%
No Cash Rent: 37.4%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources