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Monticello, AR

Full City Profile · Arkansas · Drew County County

2.7 /5.0
C+ Fair
8,320 Population 775/sq mi density
$27,998 Median Income $23,857 per capita
$128,900 Home Value $163,088 Zillow
$676 Median Rent 28.2% income on rent
64°F Avg Temperature 304 sunny days/yr
403 Violent Crime/100K 3,062 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.6 / 5.0
$27,998 median income, 3.5% unemployment
A
Affordability
4.1 / 5.0
$128,900 home value, $676/mo rent
F
Safety
1.0 / 5.0
403 violent crimes/100K (6% above avg)
B
Education
3.1 / 5.0
26.6% bachelor's degree or higher

Housing Overview

Median Home Value
$128,900
54% below
US avg: $281,900
Median Rent
$676/mo
42% below
US avg: $1,163/mo
Homeownership Rate
46.7%
29% below US avg (65.4%)
Total Housing Units
4,059
Median year built: 1981

Home Value by Source

Census Median
$128,900
Zillow (ZHVI)
$163,088
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

46.7%
Owner-Occupied
53.3%
Renter-Occupied
47%
53%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$700/mo
1 Bedroom
$751/mo
2 Bedroom
$944/mo
3 Bedroom
$1,239/mo
4 Bedroom
$1,406/mo
Census median rent: $676/mo

Affordability & Housing Stock

Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1981
Average age of housing stock: 45 years
Homeownership Rate
46.7%

Complete Housing Data

Home Values

Census Median Value$128,900
Zillow Home Value (ZHVI)$163,088

Rent

Census Median Rent$676
FMR Studio$700
FMR 1-Bedroom$751
FMR 2-Bedroom$944
FMR 3-Bedroom$1,239
FMR 4-Bedroom$1,406

Market

Ownership & Stock

Owner-Occupied46.7%
Renter-Occupied53.3%
Homeownership Rate46.7%
Total Housing Units4,059
Median Year Built1981
Rent Burden28.2%