Monaca renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Monaca is about $809 per month. This puts it in the 48th percentile compared to the state average cost of rent, which is $1,115. Households in Monaca have a median income of $5,831 per month so the average renter in Monaca is spending roughly 14% of their earnings on housing.
Nationally, and in Monaca, home values are the data point most closely correlated with the cost of rent. The median price of a home in Monaca is $167,500 right now, which is higher than nearby cities, meaning that rents in Monaca also tend to be higher versus these nearby cities.
Higher rent prices are common in the southwestern parts of Monaca while lower rent rates are often available in eastern areas.
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