Home prices
Monticello's median home price is $199,900. Compared to its nearby areas this is approximately $33,920 (14%) lower.It is approximately $17,600 (8%) lower in comparison to the country as a whole, and compared to the city of Minneapolis it is about $51,700 (20%) lower.
Rents
The median rent in Monticello is $1,023 a month. In comparison to its nearby areas this is is very similar.Compared to the entire nation it is about $39 (3%) lower, and in comparison to the city of Minneapolis is is very similar.
Nearby places
Becker
Becker is approximately 6 miles northwest from Monticello. The housing prices there are somewhat less expensive. The cost of the median home in Becker is $188,400, which works out to $11,500 (6%) lower than Monticello. Rents there are somewhat less expensive. Becker's median rent is $969 a month, which comes out to $54 (5%) lower than Monticello.
Albertville
Albertville is roughly 6 miles southeast of Monticello. Real estate prices there are somewhat more expensive. The median home in Albertville costs $250,400, which is $50,500 (20%) higher than Monticello. The rent there is somewhat less expensive. In Albertville the median rent is $970 per month, which comes out to $53 (5%) lower than Monticello.
St. Michael
St. Michael is roughly 7 miles southeast of Monticello. Its housing prices are a little more expensive. The median home price in St. Michael is $270,600, which is $70,700 (26%) higher than Monticello. Its rents are a little more expensive. In St. Michael the median rent is $1,078 a month, which comes out to $55 (5%) higher than Monticello.
Otsego
Otsego is roughly 7 miles east of Monticello. Real estate prices there are somewhat more expensive. The median home price in Otsego is $261,600, which is $61,700 (23%) higher than Monticello. Rents there are a little more expensive. The median rent in Otsego is $1,362 a month, which comes out to $339 (24%) higher than Monticello.
Silver Creek
Silver Creek is roughly 7 miles west of Monticello. Housing prices there are pretty similar. The median home price in Silver Creek is $198,100, which is very similar to Monticello. Its rents are a lot less expensive. The median rent in Silver Creek is $713 a month, which comes out to $310 (43%) lower than Monticello.
