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 $111,076, lower than the Maine average of $243,042.
The average cost of rent is $575/mo in Monticello, primarily driven by the current value of real estate in the Monticello area. While nearly 53.57% of residents own their homes outright in Monticello, 13.99% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monticello is $3,711 per month. Households that rent pay about 15.48% of their income on rent here. Monticello's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Littleton, ME: equally priced homes
- Bridgewater, ME: less expensive homes
- Blaine, ME: equally priced homes
- Ludlow, ME: equally priced homes
- Houlton, ME: equally priced homes
- New Limerick, ME: higher priced homes
- Mars Hill, ME: less expensive homes
- Smyrna Center, ME: equally priced homes
- Mars Hill-Blaine, ME: less expensive homes
- Westfield, ME: less expensive homes
Cities with Similar Populations
- Echo, WV: equally priced homes
- Ulman, MO: higher priced homes
- Twin Groves, ID: higher priced homes
- Turkeytown, AL: less expensive homes
- Tunnelton, PA: higher priced homes
- Trujillo, CO: higher priced homes
- Trimbelle, WI: higher priced homes
- Tallassee, TN: higher priced homes
- Falkland, NC: less expensive homes
- Erie, TN: higher priced homes
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