Home prices
The price of the median home in Monticello is $95,900. In comparison to other places in this area this is roughly $11,420 (13%) higher.It is roughly $121,600 (55%) lower in comparison to the US as a whole, and compared to the city of Chicago is roughly $162,100 (62%) lower.
Rents
Monticello's median monthly rent is $671. Compared to its nearby areas it is approximately $75 (10%) lower.In comparison to the US as a whole it is about $391 (36%) lower, and is about $441 (39%) lower compared to the city of Chicago.
Nearby places
Reynolds
Reynolds is roughly 4 miles west from Monticello. The housing prices there are somewhat less expensive. The median home value in Reynolds is $88,700, which works out to $7,200 (8%) lower than Monticello. Rents there are somewhat more expensive. In Reynolds the median rent is $714 per month, which is $43 (6%) higher than Monticello.
Idaville
Idaville is roughly 5 miles east of Monticello. Its housing prices are substantially less expensive. The median home cost in Idaville is $64,200, which is $31,700 (49%) lower than Monticello. Its rents are a bit more expensive. Idaville's median rent is $803 per month, which works out to $132 (16%) higher than Monticello.
Yeoman
Yeoman is approximately 5 miles south from Monticello. Housing prices there are a bit less expensive. Yeoman's median home price is $87,500, which is $8,400 (9%) lower than Monticello. Rents there are somewhat more expensive. The median rent in Yeoman is $717 a month, which is $46 (6%) higher than Monticello.
Chalmers
Chalmers is about 7 miles southwest from Monticello. Real estate prices there are a bit less expensive. The median home in Chalmers is valued at $89,800, which works out to $6,100 (6%) lower than Monticello. The rent there is somewhat more expensive. Chalmers's median rent is $750 per month, which is $79 (10%) higher than Monticello.
Burnettsville
Burnettsville is approximately 7 miles east of Monticello. Its housing prices are fairly similar. The median home value in Burnettsville is $92,200, which comes out to $3,700 (4%) lower than Monticello. The rent there is somewhat more expensive. The median rent in Burnettsville is $744 a month, which is $73 (9%) higher than Monticello.