The median home in Monticello, Minnesota is valued at $320,208, up 1.9% year over year. Typical monthly rent is $1,556, producing a price-to-rent ratio of 17.1x — near the national average of 18x. Monticello is part of the Minneapolis-St. Paul-Bloomington, MN-WI metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

See the full metro analysis: Minneapolis-St. Paul-Bloomington, MN-WI stress score, crash risk, and 12-month forecast →

Home Value$320,208

+1.9%

Rent$1,556/mo

AFFORDABILITY

Enter your income for Monticello.

Income (annual)

Down Payment

$64,042 on $320,208

Stretch — 33.1% of income

Above 28% but manageable with cuts.

PITI$2,068

P/I33.1%

Afford$271K

Gap-$49K

P&I $1,619Tax $299Ins $150

Renting $512/mo cheaper ($1,556 rent)6.50% 30yr, 20% down, county tax + MN ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Minnesota

Compare Monticello with other housing markets across Minnesota.

Minnetonka Beach$2220K Woodland$1619K Greenwood$1602K Sunfish Lake$1156K Orono$1084K Medicine Lake$1082K Tonka Bay$1059K Deephaven$1018K

Full Minneapolis-St. Paul-Bloomington, MN-WI analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Minneapolis-St. Paul-Bloomington, MN-WI metro.

View Minneapolis-St. Paul-Bloomington, MN-WI metro →

MONTICELLO, MN