Home prices
The cost of the median home in Monticello is $163,000. It is roughly $75,220 (85%) higher in comparison to other places in this area.It is about $54,500 (25%) lower in comparison to the nation as a whole, and compared to the city of Champaign is is very similar.
Rents
In Monticello the median monthly rent is $972. This is approximately $213 (28%) higher compared to its surrounding areas.It is roughly $90 (8%) lower in comparison to the rest of the country, and compared to the city of Champaign is approximately $20 (2%) higher.
Nearby places
De Land
De Land is about 6 miles northwest of Monticello. Real estate prices there are a lot less expensive. The median home value in De Land is $84,200, which works out to $78,800 (93%) lower than Monticello. Its rents are a little less expensive. The median rent in De Land is $850 a month, which comes out to $122 (14%) lower than Monticello.
Cisco
Cisco is approximately 7 miles west of Monticello. The real estate prices there are a lot less expensive. The value of the median home in Cisco is $101,800, which works out to $61,200 (60%) lower than Monticello. Rents there are significantly less expensive. Cisco's median monthly rent is $725, which comes out to $247 (34%) lower than Monticello.
Bement
Bement is approximately 7 miles south from Monticello. The housing prices there are a lot less expensive. The cost of the median home in Bement is $91,400, which works out to $71,600 (78%) lower than Monticello. Rent there is a lot less expensive. Bement's median monthly rent is $677, which works out to $295 (43%) lower than Monticello.
Ivesdale
Ivesdale is roughly 8 miles southeast from Monticello. Its real estate prices are significantly less expensive. The value of the median home in Ivesdale is $94,800, which works out to $68,200 (71%) lower than Monticello. The rent there is a bit less expensive. In Ivesdale the median monthly rent is $766, which works out to $206 (26%) lower than Monticello.
Weldon
Weldon is roughly 9 miles northwest from Monticello. Housing prices there are substantially less expensive. Weldon's median home value is $66,700, which comes out to $96,300 (144%) lower than Monticello. Its rents are somewhat less expensive. In Weldon the median monthly rent is $778, which comes out to $194 (24%) lower than Monticello.
