Monfort Heights, OH

Very Low · 70

Ohio · Population 12,203 · Updated March 2026

$971
Median Rent / Month
$79,989
Median Income
$211,500
Median Home Value
$1,068
Owner Costs / Month

Affordability

How far your income goes in Monfort Heights

14.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Ohio

State-level tax rates that affect your costs

3.5%
Income Tax (Top Rate)
5.75%
Sales Tax
1.53%
Property Tax Rate

Estimated Annual Costs

$11,652
Annual Rent
$2,800
State Income Tax
$3,236
Property Tax (est.)

Cost of Living Overview

Monfort Heights is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 70 (where 100 equals the national median), Monfort Heights residents can expect to pay median rent of $971/month while earning a median household income of $79,989/year.

The median home value in Monfort Heights, OH is $211,500, with typical monthly owner costs around $1,068 including mortgage, insurance, and taxes. The median rent-to-income ratio of 14.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Ohio has a moderate income tax rate of 3.5%. Combined with a 5.75% sales tax rate and 1.53% effective property tax rate, the overall tax environment is a factor in the total cost of living in Monfort Heights.

Frequently Asked Questions

Common questions about living costs in Monfort Heights

What is the cost of living in Monfort Heights, OH?
The cost of living index in Monfort Heights, OH is 70 (US average = 100). Median monthly rent is $971, median household income is $79,989/year, and the median home value is $211,500.
Is Monfort Heights, OH affordable?
Yes, Monfort Heights is more affordable than the national average with a cost index of 70. The rent-to-income ratio is 14.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Monfort Heights, OH?
The median gross rent in Monfort Heights, OH is $971 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $11,652.
What is the median household income in Monfort Heights?
The median household income in Monfort Heights, OH is $79,989 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Ohio?
Ohio has a top income tax rate of 3.5%, a sales tax of 5.75%, and an effective property tax rate of 1.53%.