At $1,579/mo, rent takes about 27% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,579 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
Rent in Monmouth changed -0.6% over the year to September 2026. Across the 54 Oregon cities Zillow tracks, the typical change was +1.9%.
Rent has fallen 3 months in a row, and rose in 5 of the last 12 months.
30% of the median household income ($69,170) is $1,729 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,510); a 3-bedroom is $2,100.
From Zillow's monthly rent index (ZORI) for Monmouth. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Monmouth, OR is roughly split between renters and owners, skews toward younger working-age adults, 27.3% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Monmouth, OR has changed in 5 years
Household income in the area moved from $54,310 to $69,170 across the same window, up 27.4% versus 2021. Census counts show Monmouth, OR adding about 693 residents over the five-year window, up 6.5% on net. The renter share has eased from 61.5% to 52.6%, with owner-occupied housing accounting for the remainder.
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Can you afford rent in Monmouth on your salary?
At $1,579/mo, how Monmouth rent compares to typical pay (30% rule).
Monmouth rent by bedroom count
Median rent for each apartment size in Monmouth. Click any size for full breakdown.
Tips for renters in Monmouth
Last updated: October 17, 2026
The median rent in Monmouth is $1,579/mo as of October 2026. A studio apartment averages $1,120/mo while a 2-bedroom runs $1,510/mo. One-bedroom apartments average $1,170/mo and 3-bedroom units go for $2,100/mo.
At 27% of local median household income ($69,170/yr), Monmouth ranks as affordable compared to the national benchmark of 30%. Rents have decreased 0.6% over the past year.
Frequently asked questions
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Is rent going up or down in Monmouth?
How does Monmouth rent compare to other cities in Oregon?
Which nearby cities are cheaper to rent in than Monmouth?
At $1,579/mo, rent takes ~27% of Monmouth's median household income ($69,170/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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