States › Ohio › Montrose-Ghent

Is Montrose-Ghent, OH expensive to live in?

CheapRent takes 18 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,96369% higher than U.S. average
💵 Families earn per year (2026)$194,400about $16,200/month · 123% higher than U.S. average
🔑 House price$545,50064% higher than U.S. average

Rent here is among the highest 10% in the country. Household incomes are higher than in 96% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards. Commutes are long, about 39.9 minutes each way. Most homes (94.4%) are owned, so rentals can be hard to find. It is a highly educated city: 79% of adults have a college degree.

How much money do I need?

To rent here comfortably, you should earn about $118,520 a year. That is $57 an hour at a full-time job.

Is rent cheaper than other Ohio cities?

No. Rent here is more expensive than in most of Ohio. It is number 285 of 288 cities from cheapest to most expensive.

Montrose-Ghent
$2,963
Groveport
$1,197
Portage Lakes
$1,437
Geneva
$894
Port Clinton
$1,046
Germantown
$1,205
Granville
$1,249

How much do households earn in Montrose-Ghent?

Under $25k
6.5%
$25k–50k
5.9%
$50k–100k
17.5%
$100k–150k
24.9%
$150k+
45.6%

Share of households by yearly income. 70.4% of households earn $100,000 or more.

How expensive is Montrose-Ghent overall?

Everyday prices in Ohio overall are 7% below the U.S. average (index 92.8, U.S. = 100).

Housing
73
Goods (food, clothes…)
94
Utilities
96
Other services
99
U.S. average
100

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

Taxes and bills in Montrose-Ghent

🏛️ Property tax$7,400a year · 1.36% of home value · U.S. $3,119
⚡ Electric bill$181a month (typical) · U.S. $156

Life in Montrose-Ghent

Commute to work39.9 minU.S.: 26.4 min
College degree79%U.S.: 35.7%
Own their home94.4%U.S.: 65.2%
Below poverty line4.5%U.S.: 12.5%
Unemployment2.4%U.S.: 5.2%

Is it cheaper to rent or buy in Montrose-Ghent?

Renting is cheaper right now: about $822 a month less.

Renting
$2,963
Owning
$3,785

Owning assumes a typical $545,500 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $54,550 for the down payment.

Frequently asked questions

What is the average rent in Montrose-Ghent, OH?

Renting in Montrose-Ghent costs a median of about $2,963 a month in 2026, including utilities. The Ohio median is $1,261.

How much do I need to make to live in Montrose-Ghent?

To keep rent under 30% of income, you need about $118,520 a year, or $57 an hour at a full-time job.

Is Montrose-Ghent cheap or expensive?

Montrose-Ghent is rated Cheap: rent takes 18.3% of the typical household income of $194,400. It ranks 285th cheapest of 288 Ohio cities we track.

How much are property taxes in Montrose-Ghent?

The median homeowner in Montrose-Ghent pays $7,400 a year in property taxes, about 1.36% of the median home value.

Is Montrose-Ghent more expensive than the national average?

Overall prices in Ohio are 7% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Montrose-Ghent?

The median home value in Montrose-Ghent is $545,500, about 2.8 times the typical yearly household income.

5,903 people live in Montrose-Ghent. Numbers are typical (middle) values.