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 $109,758, lower than the Mississippi average of $145,564.
The average cost of rent is $790/mo in Monticello, primarily driven by the current value of real estate in the Monticello area. While nearly 57.73% of residents own their homes outright in Monticello, 27.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monticello is $3,143 per month. Households that rent pay about 25.14% of their income on rent here. Monticello's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Rosella, MS: equally priced homes
- Robinwood, MS: higher priced homes
- Fair River, MS: less expensive homes
- Wanilla, MS: less expensive homes
- Sontag, MS: less expensive homes
- Silver Creek, MS: equally priced homes
- Topeka, MS: less expensive homes
- East Lincoln, MS: higher priced homes
- Tilton, MS: higher priced homes
- Fair Oak Springs, MS: equally priced homes
Cities with Similar Populations
- Blue Ridge, TX: higher priced homes
- Bourbon, MO: higher priced homes
- Brookdale, SC: equally priced homes
- Caledonia, MN: higher priced homes
- Combined Locks, WI: higher priced homes
- Cuba City, WI: higher priced homes
- Deerfield, WI: higher priced homes
- Ferdinand, IN: higher priced homes
- Fort Mitchell, AL: higher priced homes
- Frazier Park, CA: higher priced homes
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