Home prices
The median home in Monticello costs $120,400. This is roughly $24,220 (25%) higher in comparison to other places in this area.It is approximately $97,100 (44%) lower compared to the rest of the nation, and it is roughly $21,400 (15%) lower in comparison to the city of Cedar Rapids.
Rents
In Monticello the median rent is $613 a month. Compared to its surrounding areas it is roughly $35 (5%) lower.Compared to the US as a whole it is about $449 (42%) lower, and in comparison to the city of Cedar Rapids is roughly $154 (20%) lower.
Nearby places
Hopkinton
Hopkinton is roughly 7 miles north of Monticello. Its housing prices are substantially less expensive. Hopkinton's median home value is $83,700, which works out to $36,700 (43%) lower than Monticello. Its rents are a lot less expensive. In Hopkinton the median rent is $417 per month, which is $196 (47%) lower than Monticello.
Center Junction
Center Junction is approximately 8 miles southeast from Monticello. Its housing prices are a lot less expensive. The median home in Center Junction costs $58,800, which works out to $61,600 (104%) lower than Monticello. Rents there are a bit more expensive. In Center Junction the median monthly rent is $830, which works out to $217 (26%) higher than Monticello.
Anamosa
Anamosa is about 8 miles southwest of Monticello. Its real estate prices are a bit less expensive. The median home in Anamosa costs $103,400, which works out to $17,000 (16%) lower than Monticello. The rent there is similar. In Anamosa the median rent is $598 per month, which works out to $15 (2%) lower than Monticello.
Cascade
Cascade is roughly 9 miles northeast of Monticello. Housing prices there are a bit more expensive. The median home in Cascade costs $147,000, which works out to $26,600 (18%) higher than Monticello. Rents there are somewhat more expensive. Cascade's median rent is $755 a month, which is $142 (18%) higher than Monticello.
Prairieburg
Prairieburg is approximately 10 miles west of Monticello. The real estate prices there are substantially less expensive. The median home in Prairieburg costs $88,000, which comes out to $32,400 (36%) lower than Monticello. The rent there is similar. Prairieburg's median rent is $642 per month, which works out to $29 (4%) higher than Monticello.
