Much like other places in this area, it is substantially less expensive compared to the rest of the nation. However compared to the city of Brownsville, it's somewhat less expensive.
Home prices
The cost of the median home in Monte Alto is $62,100. This is about $1,400 (2%) lower in comparison to nearby areas.In comparison to the United States as a whole it is about $155,400 (71%) lower, and it is about $27,900 (31%) lower in comparison to the city of Brownsville.
Rents
In Monte Alto the median rent is $569 a month. In comparison to other places in this area this is about $16 (2%) lower.In comparison to the nation as a whole it is approximately $493 (46%) lower, and is roughly $167 (22%) lower compared to the city of Brownsville.
Nearby places
Elsa
Elsa is about 6 miles south from Monte Alto. The real estate prices there are somewhat less expensive. The median home cost in Elsa is $53,300, which works out to $8,800 (16%) lower than Monte Alto. Rent there is pretty similar. Elsa's median rent is $558 a month, which comes out to $11 (1%) lower than Monte Alto.
La Blanca
La Blanca is approximately 6 miles southwest of Monte Alto. Real estate prices there are a bit more expensive. La Blanca's median home cost is $82,200, which works out to $20,100 (24%) higher than Monte Alto. The rent there is significantly more expensive. The median monthly rent in La Blanca is $851, which works out to $282 (33%) higher than Monte Alto.
Edcouch
Edcouch is roughly 6 miles south from Monte Alto. The real estate prices there are somewhat less expensive. The cost of the median home in Edcouch is $51,400, which works out to $10,700 (20%) lower than Monte Alto. Rent there is a little less expensive. Edcouch's median monthly rent is $476, which comes out to $93 (19%) lower than Monte Alto.
La Villa
La Villa is approximately 6 miles southeast from Monte Alto. The real estate prices there are similar. The value of the median home in La Villa is $63,700, which is $1,600 (2%) higher than Monte Alto. Its rents are significantly less expensive. In La Villa the median rent is $420 per month, which works out to $149 (35%) lower than Monte Alto.
Lasara
Lasara is about 7 miles northeast from Monte Alto. The real estate prices there are a bit more expensive. Lasara's median home value is $66,900, which is $4,800 (7%) higher than Monte Alto. Rents there are somewhat more expensive. The median rent in Lasara is $619 per month, which works out to $50 (8%) higher than Monte Alto.