Monticello, IN Real Estate

According to census data in the year 2000 there were 2,396 housing units in Monticello. This represents a 4% growth from 2,303 in 1990.

Of those housing units, 2,390 were located in either urbanized areas or urban clusters, and 6 were located in what is classified as a rural area.

Homeownership rate in Monticello is about 62.4%. Monticello's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.39 people.

The majority of houses, apartments or condos in Monticello were built after 1965.


Housing Size

Housing Units by Size
Studio Type1.50%
One Bedroom13.90%
Two Bedrooms31.30%
Three Bedrooms42.90%
Four Bedrooms8.30%
Five Bedrooms or more2.10%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1958
Median Value of occupied units$79,000
Median Price asked for vacant units$158,600

Rented Homes, Apartments and Condos

Average Household Size2.25
Median year structure was built1976
Median Monthly Rent asked for vacant units$625

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.90%
Home Equity Loan4.20%
Simple Mortgage47.20%
Debt Free43.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.9%