Home prices
The cost of the median home in Monticello is $145,700. Compared to its nearby areas it is approximately $13,780 (8%) lower.In comparison to the rest of the nation it is approximately $71,800 (33%) lower, and in comparison to the city of New Orleans it is roughly $85,800 (37%) lower.
Rents
Monticello's median rent is $974 per month. Compared to its nearby areas it is approximately $85 (9%) higher.In comparison to the rest of the country it is approximately $88 (8%) lower, and in comparison to the city of New Orleans it is roughly $24 (2%) lower.
Nearby places
Central
Central is Monticello's neighbor to the north. Housing prices there are a lot more expensive. The price of the median home in Central is $217,700, which comes out to $72,000 (33%) higher than Monticello. Rent there is pretty similar. In Central the median monthly rent is $928, which is $46 (4%) lower than Monticello.
Baton Rouge
Baton Rouge is Monticello's neighbor to the southwest. Its housing prices are somewhat more expensive. The median home in Baton Rouge costs $174,000, which is $28,300 (16%) higher than Monticello. The rent there is a bit less expensive. Baton Rouge's median monthly rent is $879, which works out to $95 (10%) lower than Monticello.
Merrydale
Merrydale is approximately 3 miles west of Monticello. Its real estate prices are substantially less expensive. The median home in Merrydale is valued at $109,600, which comes out to $36,100 (32%) lower than Monticello. Rent there is a little less expensive. Merrydale's median monthly rent is $915, which is $59 (6%) lower than Monticello.
Denham Springs
Denham Springs is approximately 4 miles east of Monticello. Its housing prices are somewhat more expensive. The median home in Denham Springs costs $161,600, which comes out to $15,900 (9%) higher than Monticello. Rents there are a bit less expensive. In Denham Springs the median monthly rent is $853, which works out to $121 (14%) lower than Monticello.
Brownfields
Brownfields is about 6 miles northwest from Monticello. Real estate prices there are a little less expensive. The median home value in Brownfields is $134,500, which is $11,200 (8%) lower than Monticello. The rent there is somewhat less expensive. The median rent in Brownfields is $869 a month, which comes out to $105 (12%) lower than Monticello.
