Home prices
The median home in Monticello costs $99,500. This is approximately $29,200 (41%) higher in comparison to its surrounding areas.It is approximately $118,000 (54%) lower compared to the rest of the country, and compared to the city of Little Rock it is about $68,100 (40%) lower.
Rents
In Monticello the median monthly rent is $672. Compared to the surrounding areas this is approximately $161 (31%) higher.Compared to the country as a whole it is approximately $390 (36%) lower, and in comparison to the city of Little Rock it is approximately $200 (22%) lower.
Nearby places
Wilmar
Wilmar is approximately 6 miles west of Monticello. The housing prices there are a lot less expensive. The cost of the median home in Wilmar is $65,400, which is $34,100 (52%) lower than Monticello. The rent there is a little less expensive. In Wilmar the median rent is $531 a month, which works out to $141 (26%) lower than Monticello.
Warren
Warren is about 13 miles west of Monticello. Its housing prices are a bit less expensive. The median home in Warren is valued at $85,500, which is $14,000 (16%) lower than Monticello. The rent there is similar. In Warren the median monthly rent is $661, which works out to $11 (1%) lower than Monticello.
Reed
Reed is about 18 miles east of Monticello. Housing prices there are a lot less expensive. The value of the median home in Reed is $44,400, which is $55,100 (124%) lower than Monticello. Rents there are substantially less expensive. Reed's median rent is $328 per month, which works out to $344 (104%) lower than Monticello.
Dermott
Dermott is approximately 19 miles east from Monticello. Real estate prices there are a lot less expensive. Dermott's median home value is $70,800, which is $28,700 (40%) lower than Monticello. Its rents are a bit less expensive. Dermott's median rent is $569 a month, which is $103 (18%) lower than Monticello.
McGehee
McGehee is approximately 20 miles east from Monticello. Real estate prices there are a bit less expensive. The median home in McGehee costs $85,400, which comes out to $14,100 (16%) lower than Monticello. The rent there is a lot less expensive. McGehee's median monthly rent is $466, which comes out to $206 (44%) lower than Monticello.
