Home prices
The median home in Monterey is valued at $99,000. It is roughly $36,080 (26%) lower compared to nearby areas.It is roughly $118,500 (54%) lower compared to the nation as a whole, and it is approximately $37,300 (27%) lower in comparison to the city of Knoxville.
Rents
In Monterey the median rent is $553 per month. Compared to its surrounding areas this is roughly $66 (10%) lower.Compared to the entire nation it is approximately $509 (47%) lower, and compared to the city of Knoxville it is approximately $292 (34%) lower.
Nearby places
Algood
Algood is approximately 9 miles northwest from Monterey. Real estate prices there are a bit more expensive. The median home in Algood is valued at $140,100, which is $41,100 (29%) higher than Monterey. Rents there are a bit more expensive. Algood's median rent is $801 per month, which is $248 (30%) higher than Monterey.
Cookeville
Cookeville is approximately 12 miles west of Monterey. Its real estate prices are a lot more expensive. The price of the median home in Cookeville is $166,700, which is $67,700 (40%) higher than Monterey. Rents there are somewhat more expensive. The median monthly rent in Cookeville is $730, which comes out to $177 (24%) higher than Monterey.
Pleasant Hill
Pleasant Hill is approximately 12 miles south of Monterey. The real estate prices there are a bit more expensive. The price of the median home in Pleasant Hill is $126,000, which works out to $27,000 (21%) higher than Monterey. Its rents are pretty similar. The median monthly rent in Pleasant Hill is $538, which comes out to $15 (2%) lower than Monterey.
Livingston
Livingston is approximately 17 miles north of Monterey. The housing prices there are a bit more expensive. The median home in Livingston is valued at $110,800, which comes out to $11,800 (10%) higher than Monterey. Its rents are somewhat less expensive. The median monthly rent in Livingston is $495, which is $58 (11%) lower than Monterey.
Dodson Branch
Dodson Branch is about 17 miles northwest of Monterey. The real estate prices there are a little more expensive. Dodson Branch's median home value is $131,800, which is $32,800 (24%) higher than Monterey. Its rents are fairly similar. Dodson Branch's median monthly rent is $529, which comes out to $24 (4%) lower than Monterey.
