Home prices
The value of the median home in Monticello is $98,300. Compared to nearby areas it is approximately $9,860 (11%) higher.It is roughly $119,200 (54%) lower compared to the entire country, and compared to the city of Lexington-Fayette is approximately $91,500 (48%) lower.
Rents
In Monticello the median monthly rent is $525. In comparison to other places in this area it is approximately $13 (2%) lower.Compared to the entire country it is about $537 (50%) lower, and it is approximately $371 (41%) lower in comparison to the city of Lexington-Fayette.
Nearby places
Jamestown
Jamestown is approximately 14 miles northwest from Monticello. The housing prices there are pretty similar. The value of the median home in Jamestown is $101,600, which works out to $3,300 (3%) higher than Monticello. Rent there is fairly similar. Jamestown's median monthly rent is $524, which is very similar to Monticello.
Burnside
Burnside is roughly 15 miles northeast of Monticello. The housing prices there are somewhat more expensive. The median home cost in Burnside is $121,700, which is $23,400 (19%) higher than Monticello. Rents there are somewhat more expensive. In Burnside the median rent is $679 per month, which works out to $154 (22%) higher than Monticello.
Albany
Albany is approximately 17 miles southwest of Monticello. The real estate prices there are a lot less expensive. Albany's median home cost is $64,300, which works out to $34,000 (52%) lower than Monticello. Rent there is a lot less expensive. The median rent in Albany is $390 per month, which is $135 (34%) lower than Monticello.
Russell Springs
Russell Springs is about 18 miles northwest from Monticello. Its real estate prices are somewhat less expensive. The median home in Russell Springs costs $90,800, which is $7,500 (8%) lower than Monticello. The rent there is pretty similar. In Russell Springs the median monthly rent is $539, which is $14 (2%) higher than Monticello.
Whitley City
Whitley City is roughly 19 miles southeast of Monticello. Its real estate prices are significantly less expensive. The median home in Whitley City costs $63,800, which works out to $34,500 (54%) lower than Monticello. The rent there is a bit more expensive. The median rent in Whitley City is $559 a month, which comes out to $34 (6%) higher than Monticello.
