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 $234,292, lower than the Utah average of $361,191.
The average cost of rent is $1,041/mo in Monticello, primarily driven by the current value of real estate in the Monticello area. While nearly 51.17% of residents own their homes outright in Monticello, 20.00% rent.
Housing affordability isn’t just about home prices, though. The average household income in Monticello is $5,340 per month. Households that rent pay about 19.49% of their income on rent here. Monticello's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Slick Rock, CO: higher priced homes
- Dove Creek, CO: less expensive homes
- Egnar, CO: higher priced homes
- Dunton, CO: higher priced homes
- Sawpit, CO: higher priced homes
- Ophir, CO: higher priced homes
- Mountain Village, CO: higher priced homes
- Telluride, CO: higher priced homes
- Pandora, CO: higher priced homes
- Silverton, CO: higher priced homes
Cities with Similar Populations
- Paxinos, PA: less expensive homes
- Shady Spring, WV: less expensive homes
- Sabana Seca, PR: less expensive homes
- Rose City, MI: less expensive homes
- Richmond, ME: less expensive homes
- Readyville, TN: equally priced homes
- Prairie Grove, IL: higher priced homes
- Pleasant Plains, IL: less expensive homes
- Pineville, SC: less expensive homes
- Sharpsburg, NC: less expensive homes
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