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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 $203,048, lower than the Ohio average of $236,816.
The average cost of rent is $994/mo in Monticello, primarily driven by the current value of real estate in the Monticello area. In Monticello, 6.26% of households rent, and 52.45% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monticello is $7,024 per month. Households that rent pay about 14.15% of their income on rent here. Monticello’s most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Elgin, OH: less expensive homes
- Spencerville, OH: equally priced homes
- Mendon, OH: less expensive homes
- Venedocia, OH: less expensive homes
- Neptune, OH: equally priced homes
- Mercer, OH: less expensive homes
- Landeck, OH: less expensive homes
- Needmore, OH: equally priced homes
- Glynwood, OH: higher priced homes
- Buckland, OH: higher priced homes
Cities with Similar Populations
- Hallie, KY: less expensive homes
- South Dennis, NJ: higher priced homes
- South Bethany, DE: higher priced homes
- Skytop, PA: higher priced homes
- Singleton, TX: higher priced homes
- Harford, NY: less expensive homes
- Hanston, KS: less expensive homes
- Hanover, ME: higher priced homes
- Hancock, IA: less expensive homes
- Hams Prairie, MO: higher priced homes
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