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 $99,115, lower than the Louisiana average of $194,522.
The average cost of rent is $615/mo in Monticello, primarily driven by the current value of real estate in the Monticello area. While nearly 77.98% of residents own their homes outright in Monticello, 16.28% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monticello is $2,077 per month. Households that rent pay about 29.64% of their income on rent here. Monticello's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Lake Providence, LA: equally priced homes
- Shelburn, LA: less expensive homes
- Forest, LA: less expensive homes
- Hollybrook, LA: equally priced homes
- Tallula, MS: less expensive homes
- Oak Grove, LA: equally priced homes
- Transylvania, LA: less expensive homes
- Pioneer, LA: equally priced homes
- Darnell, LA: equally priced homes
- Fitler, MS: less expensive homes
Cities with Similar Populations
- Milner, KY: higher priced homes
- McFadden, WY: equally priced homes
- McIntyre, OH: higher priced homes
- Mckenzie, ND: higher priced homes
- McKinley, MI: less expensive homes
- McKinley, OR: higher priced homes
- Meadowdale, NY: higher priced homes
- Medfra, AK: less expensive homes
- Medway, KS: less expensive homes
- Meeker, LA: higher priced homes
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