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Cost of Living in Montgomery County, OH

Population 536,096 · Census ACS 2020–2024 5-year estimates

Median rent$1,026
Median home value$180,900
Median household income$66,139

The median rent in Montgomery County, OH is $1,026/month, about the same as the Ohio median and 27% lower than the U.S. median. The median home value is $180,900, 46% lower than the national median. Households earn a median of $66,139 a year, 7% lower than the state median.

Affordability

Rent as a share of median income: 18.6%
Income needed for median rent (30% rule): $41,040/yr
Home price-to-income ratio: 2.7×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $915/mo

Run your own numbers: mortgage calculator · hourly to salary

Montgomery County vs. Ohio vs. U.S.

Montgomery CountyOhioU.S.
Median rent$1,026$1,034$1,413
Median home value$180,900$214,800$332,700
Median household income$66,139$71,389$80,734
Homeownership rate62.5%67.2%65.2%
Bachelor's degree or higher31.3%31.5%35.7%
Poverty rate15.0%13.3%12.5%
Unemployment rate5.7%4.8%5.2%
Work from home12.0%13.0%15.1%
Median age38.839.738.9

FAQ

What is the average rent in Montgomery County, OH?

The median gross rent in Montgomery County, OH is $1,026 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Montgomery County, OH?

Using the common 30% rule, renting a median-priced home takes about $41,040 a year in gross income.

Is Montgomery County, OH expensive to live in?

Rent there is 27% lower than the U.S. median, and the median home costs about 2.7 times the median household income.

Other counties in Ohio

Franklin County, OHRent $1,302 · Income $75,176Cuyahoga County, OHRent $1,060 · Income $64,468Hamilton County, OHRent $1,075 · Income $72,470Summit County, OHRent $1,026 · Income $71,622Lucas County, OHRent $934 · Income $62,224Butler County, OHRent $1,135 · Income $81,590

Counties with a similar cost of living

Anderson County, TNRent $1,031 · Income $66,183Winnebago County, ILRent $1,021 · Income $65,837Bradley County, TNRent $1,030 · Income $66,552Staunton city, VARent $1,024 · Income $65,581Frio County, TXRent $1,016 · Income $66,010Tuscaloosa County, ALRent $1,037 · Income $66,231

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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