Legacy Oaks Apartments
675 White Oak Cir,
Independence, OR 97351
1-3 Beds | $1,450 - $1,875
Rental Market Trends in Monmouth, OR
What is the average rent in Monmouth, OR?
$970/month
Average Rent
623 Sq Ft
Average Apartment Size
+2.1%
Increase in the Last Year
As of June 2025, the average rent in Monmouth, OR is $970 per month. This is 40% lower than the national average rent of $1,627/month, making renting in Monmouth more affordable than most cities in the US. When you rent an apartment in Monmouth, you can expect to pay about $502 per month for a studio, $970 for a one-bedroom apartment, and around $1,151 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,272 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Monmouth, OR?
In the past year, rent has increased by 2.1%, which averages out to $20 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024
2025
Rent Ranges in Monmouth, OR
Last Updated June 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
15%
$700 - $1,000/month
77%
$1,001 - $1,500/month
8%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Monmouth?
Based on current rent prices, Monmouth/Independence is the most affordable neighborhood in Monmouth.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Monmouth?
Based on current rent prices, Monmouth/Independence is the most expensive neighborhood in Monmouth.
Neighborhood
Average Rent
Average Sq Ft
Which Monmouth neighborhoods have the most rentals available?
The neighborhood in Monmouth with the most apartments available is Monmouth/Independence .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Monmouth, OR?
Because the average rent in Monmouth is $970, you’ll want to make about $3,233 per month or $38,796 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Monmouth, OR compare to other nearby cities and neighborhoods?
Use the tool below to compare Monmouth, OR to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
$1,245/month
$1,245/month
One Bedroom
$1,336/month
$1,336/month
Two Bedroom
$1,462/month
$1,462/month
Three Bedroom
$1,873/month
$1,873/month
Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.