Median home value: $320K (+1.9% YoY). Rent: $1,556/mo. Price-to-rent: 17.1x. Part of Minneapolis-St. Paul-Bloomington, MN-WI.
Limited Data
Basic Zillow data only. For stress scores, AI analysis, and trends, Minneapolis-St. Paul-Bloomington, MN-WI metro page.
Home Value$320,208
+1.9%
Rent$1,556/mo
AFFORDABILITYRenting $429/mo cheaper ($1,556 rent)6.00% 30yr, 20% down, county tax + MN ins. 28% per HUD.
Enter your income for Monticello.
$64,042 on $320,208
Stretch — 31.8% of income
Above 28% but manageable with cuts.
PITI$1,985
P/I31.8%
Afford$282K
Gap-$38K
P&I $1,536Tax $299Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing