Home prices
The median home value in Montevideo is $87,700. Compared to the surrounding areas it is about $14,680 (20%) higher.It is about $129,800 (59%) lower in comparison to the country as a whole, and is roughly $93,300 (51%) lower compared to the city of Brookings.
Rents
In Montevideo the median rent is $607 a month. This is is very similar in comparison to its surrounding areas.Compared to the United States as a whole it is roughly $455 (42%) lower, and it is about $146 (19%) lower compared to the city of Brookings.
Nearby places
Watson
Watson is about 5 miles northwest of Montevideo. Its housing prices are significantly less expensive. The value of the median home in Watson is $57,000, which comes out to $30,700 (53%) lower than Montevideo. Its rents are somewhat less expensive. The median monthly rent in Watson is $515, which works out to $92 (17%) lower than Montevideo.
Maynard
Maynard is roughly 10 miles east from Montevideo. Its real estate prices are significantly less expensive. The median home in Maynard costs $49,400, which works out to $38,300 (77%) lower than Montevideo. Rents there are a little less expensive. The median monthly rent in Maynard is $544, which comes out to $63 (11%) lower than Montevideo.
Clarkfield
Clarkfield is approximately 10 miles south from Montevideo. The real estate prices there are substantially less expensive. The median home value in Clarkfield is $58,400, which works out to $29,300 (50%) lower than Montevideo. Rent there is somewhat more expensive. In Clarkfield the median monthly rent is $644, which works out to $37 (5%) higher than Montevideo.
Granite Falls
Granite Falls is roughly 11 miles southeast of Montevideo. The housing prices there are a little more expensive. The median home in Granite Falls is valued at $125,300, which is $37,600 (30%) higher than Montevideo. Its rents are pretty similar. The median monthly rent in Granite Falls is $583, which comes out to $24 (4%) lower than Montevideo.
Hazel Run
Hazel Run is roughly 12 miles south from Montevideo. Its housing prices are somewhat less expensive. The median home value in Hazel Run is $75,000, which is $12,700 (16%) lower than Montevideo. Its rents are a bit more expensive. The median rent in Hazel Run is $725 per month, which comes out to $118 (16%) higher than Montevideo.
