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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 $149,182, lower than the South Carolina average of $296,593.
The average cost of rent is $974/mo in Monticello, primarily driven by the current value of real estate in the Monticello area. In Monticello, 1.70% of households rent, and 57.16% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Monticello is $3,910 per month. Households that rent pay about 24.92% of their income on rent here. Monticello’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Winnsboro, SC: equally priced homes
- Lebanon, SC: higher priced homes
- Rion, SC: less expensive homes
- Simpson, SC: higher priced homes
- Jenkinsville, SC: less expensive homes
- Blair, SC: less expensive homes
- Richtex, SC: higher priced homes
- Salem Crossroads, SC: less expensive homes
- Douglass, SC: less expensive homes
- Smallwood, SC: higher priced homes
Cities with Similar Populations
- Seager, NY: higher priced homes
- McArthur, AR: less expensive homes
- McCormick, IL: higher priced homes
- McDade, LA: higher priced homes
- McFadden, AR: less expensive homes
- McKamie, AR: less expensive homes
- McLeods Corner, MI: less expensive homes
- McMichaels, PA: higher priced homes
- McMullen, AL: equally priced homes
- Meadville, WV: equally priced homes
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