Housing & Real Estate — Monticello, Minnesota
Overview
| Total Housing Units | 5,565 |
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| Occupied | 5,477 |
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| Vacant | 88 |
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| Owner-Occupied | 3,557 |
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| Renter-Occupied | 1,920 |
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| Median Home Value (Census) | $323,700 |
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| Estimated 2026 | ~$392,000 |
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| Median Rent | $1,462/mo |
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| Median Property Tax | $2,773/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 22.1% |
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| Severely Rent-Burdened | 37.2% |
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Housing Age
| Built 2010 or later | 727 |
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| Built 2000-2009 | 1,983 |
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| Built 1990-1999 | 1,283 |
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| Built before 1960 | 420 |
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| Median Year Built | 1997 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.
