Rental market snapshot for Monticello, Minnesota

Monticello, Minnesota Rental Property Market Overview

Monticello, Minnesota is a small city located in the state of Minnesota. According to the US Census, the population of Monticello in 2021 was 14,564. Monticello is known for its beautiful parks, lakes, and trails, making it a great place to explore the outdoors. The city also offers a variety of shopping, dining, and entertainment options. Monticello is a great place to live and work, with a friendly and welcoming community. (Source: US Census, 2021)

The average rent for an apartment in Monticello is $1,701. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Monticello Minnesota | Cost of Living

  • The most expensive ZIP code in Monticello is 55362 with an average price of $1,913.
  • The cheapest ZIP code in Monticello is 55362 with an average price of $1,913.

Monticello ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
155362$1,913

Live near Monticello, Minnesota's Top Sights and Attractions

Lions Park is a picturesque park located in a small town. It features a large pond with a fountain, a walking path, and plenty of green space. There are several playgrounds, a skate park, and a picnic area with grills. The park also has a large pavilion, perfect for hosting events and gatherings. The park is well-maintained and provides a great place to relax and enjoy the outdoors.

West Bridge Park is a scenic outdoor area located in Monticello, Minnesota. It features a large lake, walking trails, and a variety of wildlife. Visitors can enjoy fishing, swimming, canoeing, kayaking, and bird watching. The park also has a playground, picnic area, and a pavilion. There are also several scenic overlooks that provide stunning views of the surrounding area.

Groveland Park is a beautiful outdoor destination located in the heart of Minnesota. It features a variety of activities for visitors to enjoy, such as hiking, biking, fishing, and camping. The park also has a large playground, picnic areas, and a beach for swimming. The park is surrounded by lush forests, providing a peaceful and tranquil atmosphere for visitors to enjoy. With its stunning scenery and abundance of activities, Groveland Park is the perfect spot for a day of relaxation and fun.

Ellison Park is a beautiful outdoor destination located in the rolling hills of southeastern Minnesota. It features a variety of activities for visitors to enjoy, including fishing, swimming, boating, and camping. The park also has a large playground, picnic areas, and a nature center. There are several trails for hiking and biking, as well as a disc golf course. The park is also home to a variety of wildlife, including deer, foxes, and birds.

Montisippi County Park is a scenic outdoor destination located in the rolling hills of Minnesota. It offers a variety of recreational activities, including camping, fishing, hiking, biking, and swimming. The park is home to a variety of wildlife, including deer, foxes, and birds. There are also several picnic areas, playgrounds, and a disc golf course. Visitors can also explore the park's wetlands, prairies, and woodlands, which are home to a variety of native plants and animals.

Watertower Park is a scenic park located in a small town in Minnesota. It features a large, historic water tower, a playground, and a picnic area. The park also has a walking path that winds around the water tower, providing visitors with a great view of the surrounding area. The park is a great place to relax, have a picnic, or take a leisurely stroll.

Oak Ridge Park is a scenic park located in the rolling hills of Minnesota. It features a variety of outdoor activities, including hiking, biking, fishing, and camping. The park has a large lake with a beach, as well as a playground and picnic area. There are also several trails that wind through the park, offering stunning views of the surrounding countryside. The park is a great place to spend a day outdoors, enjoying nature and the beauty of the area.

Otter Creek Park is a scenic outdoor destination located in a rural area of Minnesota. It features a variety of activities for visitors to enjoy, including fishing, boating, camping, hiking, and biking. The park is home to a variety of wildlife, including otters, beavers, and deer. It also has a large lake, which is a popular spot for swimming, canoeing, and kayaking. The park also has a playground, picnic areas, and a nature center. Visitors can also take advantage of the park's many trails, which offer stunning views of the surrounding countryside.

Balboul Park is a beautiful outdoor area located in the heart of Minnesota. It features a large lake surrounded by lush green grass, tall trees, and a variety of wildlife. The park also has a playground, picnic area, and a walking path that winds around the lake. Visitors can enjoy a peaceful stroll, take in the scenery, and observe the local wildlife. The park is a great place to spend a day with family and friends, or just to relax and take in the beauty of nature.

River Mill Park is a scenic park located along the banks of the Mississippi River. It features a variety of outdoor activities, such as fishing, canoeing, kayaking, and bird watching. There is also a playground, picnic area, and walking trails. The park is a great spot for a family outing or a romantic evening stroll. The views of the river and the surrounding countryside are breathtaking.

Monticello, Minnesota area median rent change by ZIP code map

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How does Monticello compare to other cities in Minnesota?

citymedian price
North Branch$2,295
Dayton$2,245
Elk River$1,995
Savage$1,895
Columbia Heights$1,840
Northfield$1,350
Cloquet$1,195
St. Cloud$1,095
Wheaton$625

Average household income in Monticello area graph - US Census

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The median household income in Monticello in 2021 was $73,651. This represents a 6.5% change from 2011 when the median was $69,156.

#categorypercent
0Less than $10,0006.3%
1$10,000 to $14,9991.6%
2$15,000 to $19,9992.8%
3$20,000 to $24,9994.9%
4$25,000 to $29,9992.8%
5$30,000 to $34,9991.3%
6$35,000 to $39,9993.0%
7$40,000 to $44,9995.9%
8$45,000 to $49,9992.7%
9$50,000 to $59,9999.8%
10$60,000 to $74,99913.1%
11$75,000 to $99,99915.4%
12$100,000 to $124,99916.8%
13$125,000 to $149,9997.4%
14$150,000 to $199,9995.9%
15$200,000 or more0.4%

Neighborhoods in Monticello

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

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As of February , the average rent in Monticello is $1,701.
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