Monroe County, Ohio Housing Market
In Monroe County, Ohio, the median home value is $142,700, with a median monthly rent of $672. This places Monroe County at #2337 nationally out of 3134 counties by median home value, and #81 within Ohio.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $890
- Establishments: 290
- BLS QCEW, 2025
Migration Patterns
- Inflow: 5,465 (avg $67,929)
- Outflow: 5,274 (avg $68,204)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Monroe County Compares
| Metric | Monroe County | Ohio Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $142,700 | $196,325 | $227,706 |
| Median Gross Rent | $672 | $904 | $968 |
| Owner Occupancy Rate | 79.9% | 73.7% | 73.3% |
| Price/Rent Ratio | 17.7 | 17.9 | 18.7 |
Market Analysis
The median home value in Monroe County is 27.3% below the Ohio state average and 37.3% below the U.S. national average. The median rent of $672/month is 25.7% below the state average.
With a price-to-rent ratio of 17.7, the buy-vs-rent decision in Monroe County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Monroe County has an owner-occupancy rate of 79.9%, compared to 73.7% in Ohio and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Brunswick County | Virginia | $142,700 | $834 |
| Independence County | Arkansas | $142,600 | $845 |
| Charlton County | Georgia | $142,800 | $540 |
| Marshall County | Illinois | $142,800 | $782 |
| Hopkins County | Kentucky | $142,800 | $837 |
Other Counties in Ohio
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Trumbull County | $141,800 | $797 | 71.3% |
| Lawrence County | $144,000 | $848 | 72.3% |
| Paulding County | $140,800 | $812 | 80.1% |
| Scioto County | $137,900 | $742 | 68.4% |
| Crawford County | $136,700 | $794 | 73.1% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).