Ohio has rolling hills, scenic countryside, and friendly people. Immerse yourself in Ohio's cultural heritage by visiting iconic sites like the Rock and Roll Hall of Fame, the Cincinnati Museum Center, and the National Museum of the United States Air Force. Ohio is also home to renowned universities like Ohio State University and the University of Cincinnati, where you can take your knowledge further. In addition, the economy of Ohio is thriving with solid manufacturing, finance, and healthcare industries.

It's also a paradise for outdoor enthusiasts with its picturesque parks and recreational areas, such as the Hocking Hills, the Cuyahoga Valley National Park, and the Great Lakes. Ohio is also home to several sports teams, including the Cleveland Browns (NFL), Cincinnati Bengals (NFL), Cleveland Indians (MLB), Cincinnati Reds (MLB), and Cleveland Cavaliers (NBA). In addition, discover iconic attractions like the Pro Football Hall of Fame, the Rock and Roll Hall of Fame, Columbus Zoo, and Cincinnati Zoo.

Whether you are looking for a bustling city or quiet countryside, Ohio has something for everyone, making it a great place to live.

Rental Market Trends

Monroe, OH

As of August 2025, Monroe's rental market is highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers. Monroe's average rent is 2.8% ($36) higher than the Ohio average of $1,279 and 26.5% ($475) lower than the U.S. average of $1,790.

Average Rent

$1,315

Monthly ChangeMonth Over Month Change

2.7% ($36)

Yearly ChangeYear Over Year Change

19.2% ($313)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,108	0.3% ($3)	15.4% ($201)
2 Beds	$1,352	0.1% ($1)	16.4% ($266)
3 Beds	$1,708	4.9% ($80)	14.9% ($298)

Nearby Cities	Average Rent	Avg. Rent vs. MonroeAverage Rent vs. Monroe	Avg. Days on MarketAverage Days on Market
Middletown	$1,173	10.8% ($142)	28 days
Franklin	$2,321	76.5% ($1006)	44 days
Trenton	$1,631	24% ($316)	29 days
Mason	$2,121	61.3% ($806)	40 days
Springboro	$2,321	76.5% ($1006)	40 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Monroe Rental Market FAQs

Explore rental prices, market trends, and availability in Monroe, OH.

What is the average rent in Monroe, OH?

The average rent in Monroe, OH is $1,315 per month.

What is the rental price range for homes in Monroe, OH?

Homes in Monroe typically rent for between $776 and $2,220 per month, with an average of $1,315 per month.

What is the average rent for different bedroom sizes in Monroe, OH?

In Monroe, the average rent for a 1-bedroom home is $1,108 per month, for a 2-bedroom home, $1,352 per month, and a 3-bedroom home is $1,708 per month.

How do rent prices in Monroe, OH compare with the national average?

The average rent in Monroe is 26.5% ($475) lower than the national average of $1,790 per month.

How have rent prices in Monroe, OH changed recently?

The average rent in Monroe has decreased by 2.7% ($36) in the last month and decreased by 19.2% ($313) over the past year.

How competitive is the rental market in Monroe, OH?

The rental market in Monroe, OH, is currently highly competitive, where rentals lease within days, often attracting multiple applications and above-asking offers.

How long do rentals stay on the market in Monroe, OH?

In Monroe, OH, the average rental stays on the market for approximately 24 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Monroe, OH?

There is currently 1 rental property available in Monroe, OH.

Can I afford to rent a home in Monroe, OH?

Based on the current averages, a household would need an annual income of $54,080 to comfortably afford a 2-bedroom home in Monroe.