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Affordable
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These days, finding an affordable place to live in the Monticello area can be challenging. Home prices in Monticello are now at a median cost of $237,248, lower than the Georgia average of $324,634.
The average cost of rent is $1,045/mo in Monticello, primarily driven by the current value of real estate in the Monticello area. In Monticello, 14.35% of households rent, and 38.65% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monticello is $5,089 per month. Households that rent pay about 20.53% of their income on rent here. Monticello’s most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Bethel, GA: equally priced homes
- Maxwell, GA: equally priced homes
- Gladesville, GA: equally priced homes
- Mansfield, GA: higher priced homes
- Stewart, GA: higher priced homes
- Shady Dale, GA: equally priced homes
- Machen, GA: less expensive homes
- Stark, GA: equally priced homes
- Hillsboro, GA: higher priced homes
- Flovilla, GA: less expensive homes
Cities with Similar Populations
- Whiteland, IN: equally priced homes
- Jonestown, PA: equally priced homes
- Joshua Tree, CA: higher priced homes
- Kaplan, LA: less expensive homes
- Kearneysville, WV: higher priced homes
- Kenilworth, NJ: higher priced homes
- Kenly, NC: equally priced homes
- Knox, IN: less expensive homes
- Kronenwetter, WI: higher priced homes
- Willcox, AZ: less expensive homes
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