Montgomery County

Ohio ยท Pop. 537,309

Ranked #4 of 200 counties

62Moderate

Median Home Price

๐Ÿ 

$170K

2.8% YoY

Median Rent

๐Ÿ”‘

$950

Median Income

๐Ÿ’ฐ

$48K

Rent Burden

๐Ÿ“Š

28.5%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

6,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

1,800

Price-to-Income Ratio

โš–๏ธ

3.5x

Homeownership Rate

๐Ÿก

58.0%

How Montgomery County Compares

MetricMontgomery CountyOhioNational
Home Price$170K$220K$410K
Rent$950$1,014$1,500
Income$48K$68K$75K
Rent Burden28.5%29.5%30.0%
Homeownership58.0%67.0%65.0%

Key Takeaways

  • โ€ข Home prices are 59% below the national average.
  • โ€ข Rent is 37% below the national average.
  • โ€ข The county has an estimated housing shortage of 6,000 units.
  • โ€ข 1,800 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 2.8%.