States › Oregon › Monmouth

Is Monmouth, OR expensive to live in?

OKRent takes 28 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,7122% lower than U.S. average
💵 Families earn per year (2026)$74,600about $6,217/month · 14% lower than U.S. average
🔑 House price$413,20024% higher than U.S. average

Rent is higher than in 53% of U.S. cities. A typical house costs about 5.5 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $68,480 a year. That is $33 an hour at a full-time job.

Is rent cheaper than other Oregon cities?

Yes. Rent here is cheaper than in most of Oregon. It is number 35 of 105 cities from cheapest to most expensive.

Monmouth
$1,712
Damascus
$2,814
Prineville
$1,437
Oak Hills
$2,080
Ontario
$852
Gladstone
$1,858
White City
$2,332

How much do households earn in Monmouth?

Under $25k
17.9%
$25k–50k
19.0%
$50k–100k
34.5%
$100k–150k
17.8%
$150k+
7.5%

Share of households by yearly income. 25.4% of households earn $100,000 or more.

Rent by apartment size in Monmouth

SizeMonmouthU.S. average
Studio$824$1,338
1 bedroom$925$1,324
2 bedrooms$1,210$1,509
3 bedrooms$1,571$1,698
4 bedrooms$1,900$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Monmouth overall?

Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).

Housing
109
Goods (food, clothes…)
105
Utilities
107
Other services
100
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Monmouth, so the Oregon figure is shown.

Taxes and bills in Monmouth

🏛️ Property tax$3,731a year · 0.90% of home value · U.S. $3,119
⚡ Electric bill$120a month (typical) · U.S. $156

Life in Monmouth

Commute to work23.8 minU.S.: 26.4 min
College degree27.3%U.S.: 35.7%
Own their home47.4%U.S.: 65.2%
Below poverty line16.1%U.S.: 12.5%
Unemployment7.1%U.S.: 5.2%

Is it cheaper to rent or buy in Monmouth?

Renting is cheaper right now: about $1,155 a month less.

Renting
$1,712
Owning
$2,867

Owning assumes a typical $413,200 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $41,320 for the down payment.

Frequently asked questions

What is the average rent in Monmouth, OR?

Renting in Monmouth costs a median of about $1,712 a month in 2026, including utilities. The Oregon median is $1,811.

How much do I need to make to live in Monmouth?

To keep rent under 30% of income, you need about $68,480 a year, or $33 an hour at a full-time job.

Is Monmouth cheap or expensive?

Monmouth is rated OK: rent takes 27.5% of the typical household income of $74,600. It ranks 35th cheapest of 105 Oregon cities we track.

How much are property taxes in Monmouth?

The median homeowner in Monmouth pays $3,731 a year in property taxes, about 0.90% of the median home value.

Is Monmouth more expensive than the national average?

Overall prices in Oregon are 3% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Monmouth?

The median home value in Monmouth is $413,200, about 5.5 times the typical yearly household income.

11,428 people live in Monmouth. Numbers are typical (middle) values.