Home Price Key
Affordable
Average
Expensive
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 $183,178, lower than the Illinois average of $242,002.
The average cost of rent is $1,036/mo in Monticello, primarily driven by the current value of real estate in the Monticello area. While nearly 36.94% of residents own their homes outright in Monticello, 17.79% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monticello is $7,440 per month. Households that rent pay about 13.92% of their income on rent here. Monticello's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- White Heath, IL: higher priced homes
- Cisco, IL: higher priced homes
- DeLand, IL: less expensive homes
- Bement, IL: less expensive homes
- Galesville, IL: higher priced homes
- Ivesdale, IL: less expensive homes
- Milmine, IL: equally priced homes
- Seymour, IL: equally priced homes
- Bodman, IL: less expensive homes
- Weldon, IL: less expensive homes
Cities with Similar Populations
- Royston, GA: less expensive homes
- Jasper, TN: less expensive homes
- Jefferson Manor, VA: higher priced homes
- Jefferson, OH: less expensive homes
- Jemison, AL: less expensive homes
- Jersey Village, TX: higher priced homes
- Ledyard, CT: higher priced homes
- Lisbon, OH: less expensive homes
- Litchfield, MN: equally priced homes
- Livingston, LA: less expensive homes
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