Legacy Oaks Apartments
675 White Oak Cir,
Independence, OR 97351
1-3 Beds | $1,558 - $2,033
Rental Market Trends in Monmouth, OR
Updated September 2026
The average rent in Monmouth, OR is $933/month.
Rent in Monmouth is 44% lower than the national average rent of $1,664/month, making this one of the less expensive cities statewide.
$933/month
Average Rent
571 Sq Ft
Average Size
-2.3%
Change / Year
55
Available Apartments
Monmouth rent varies by unit size and layout:
- Studio apartments in Monmouth average $504 per month.
- One-bedroom apartments in Monmouth average $933 per month.
- Two-bedroom apartments in Monmouth average $1,220 per month.
- Three-bedroom apartments in Monmouth average $1,668 or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Monmouth, OR?
In the past year, rent has decreased by 2.3%, which averages out to $21 less per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Monmouth, OR
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
6%
Below $700/month
11%
$700 - $1,000/month
72%
$1,001 - $1,500/month
11%
$1,501 - $2,000/month
0%
Above $2,000/month
Rent by Neighborhood
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 $933, you’ll want to make about $3,110 per month or $37,320 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.
View the Monmouth Area GuideStudio
$1,227/month
$1,227/month
One Bedroom
$1,325/month
$1,325/month
Two Bedroom
$1,457/month
$1,457/month
Three Bedroom
$1,830/month
$1,830/month
Compare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
-
Independence
Avg Rent: $1,466/month
-
Dallas
Avg Rent: $991/month
-
Salem
Avg Rent: $1,194/month
-
Turner
Avg Rent: $1,401/month
-
Keizer
Avg Rent: $1,203/month
Apartment Communities in Monmouth We Think You'll Love
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Frequently Asked Questions
What is the average rent in Monmouth?
The average rent in Monmouth is $933 per month, which is 43.9% lower than the national average of $1,664.
Are rents going up or down in Monmouth?
Rents in Monmouth, OR are decreasing, with prices down 2.3% year-over-year and $21 less per month.
What rent range is most common in Monmouth?
In Monmouth, OR, 72% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
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 September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.