RentData

Average Rent in Monroe County, PA↑ Rents rising 1.4% YoY🔺 6th priciest in PA

HUD FY2027 · Official government data · Updated annually · Metro pop. 167,784

Data review: HUD FY2027Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

Monroe County, PA has rental prices ranging from $1,258/month to $2,591/month in 2027, depending on unit size. The typical 1-bedroom apartment rents for $1,266/month — 10% below the national average of $1,400/month. With a median household income of $82,374/year, spending $1,266/month on a 1-bedroom represents 18% of gross income — within the recommended 30% threshold.

How Monroe County Compares

With an average 2-bedroom rent of $1,550/month, Monroe County ranks #6 most expensive of the 57 cities tracked in Pennsylvania — pricier than 90% of all US cities in our data.

The Monroe County Rental Market

The Monroe County, PA area has a population of about 167,784 and 21% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Monroe County, PA have risen by $21/month (1.4%) over the past year, from $1,529 to $1,550. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Monroe County, PA without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $50,640. The local median household income of $82,374 exceeds that threshold by $31,734, making Monroe County relatively accessible compared to local wages.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Monroe County's neighborhoods. Among the highest-value areas are Mountainhome ($287,560 median home value), Arlington Heights ($332,070 median home value). Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Fair Market Rents

HUD FY2027
Studio
$1,258
Affordable
1 Bedroom
$1,266
Affordable
2 Bedrooms
$1,550
↑1.4% YoY
Affordable
3 Bedrooms
$2,115
Average
4 Bedrooms
$2,591
Average
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Is Monroe County, PA Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$62,000/year
Local median income: $82,374
To buy a median home
—/year
US national median: $75,000
💡 Based on a 2BR rent of $1,550/month and 20% down on a — home at 7% rate.

Nearby Cities in PAlargest metros in the state

CityStudio1BR2BR3BRHome Value
Pike County$1,270$1,279$1,657$2,152—
Pittsburgh$1,075$1,146$1,389$1,773—
Allentown$1,302$1,519$1,839$2,306—
Harrisburg$1,166$1,285$1,598$2,055—
Scranton$949$1,106$1,363$1,786—
Lancaster$1,152$1,256$1,553$1,978—

Rent or Buy in Monroe County?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real Monroe County data

$
Home Value
$350,000
2BR Rent
$1,550/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏠 Buy

Buying breaks even after 1 year — worth it if you stay 1+ years.

Total monthly buy cost: $2,577/movs rent: $1,550/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in Monroe County

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in Monroe County

Compare rent & home prices by neighborhood

💵Rent Affordability in Monroe County

Salary needed to afford rent here

🗺️All Cities in PA

See how Monroe County ranks statewide

⚖️Compare Monroe County

Side-by-side rent & cost of living with any city

📋PA Tenant Rights

Deposit limits, eviction laws & renters protections