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Monticello, IL
Full City Profile · Illinois · Piatt County County
3.7
/5.0
B+
Good
6,332
Population
1,571/sq mi density
$88,611
Median Income
$42,725 per capita
$196,000
Home Value
$266,645 Zillow
$1,030
Median Rent
33.6% income on rent
51°F
Avg Temperature
275 sunny days/yr
215
Violent Crime/100K
484 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$88,611 median income, 1.4% unemployment
A+
Affordability
5.0 / 5.0
$196,000 home value, $1,030/mo rent
F
Safety
1.0 / 5.0
215 violent crimes/100K
A
Education
4.1 / 5.0
38.4% bachelor's degree or higher
Housing Overview
Median Home Value
$196,000
30% below
US avg: $281,900
Median Rent
$1,030/mo
11% below
US avg: $1,163/mo
Homeownership Rate
84.3%
29% above US avg (65.4%)
Total Housing Units
2,775
Median year built: 1975
Home Value by Source
Census Median
$196,000
Zillow (ZHVI)
$266,645
Median Sale Price
$209,075
Median List Price
$359,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
84.3%
Owner-Occupied
15.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent:
$1,030/mo
Market Indicators (Redfin)
Median Days on Market
25 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
17.4%
of listings with price reduction
Price Per Sq Ft
$137
Active Inventory
23
homes for sale
Affordability & Housing Stock
Rent Burden
33.6%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
84.3%
Complete Housing Data
Home Values
| Census Median Value | $196,000 |
| Zillow Home Value (ZHVI) | $266,645 |
| Median Sale Price | $209,075 |
| Median List Price | $359,000 |
| Price Per Sq Ft | $137 |
Rent
| Census Median Rent | $1,030 |
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
| Days on Market | 25 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 17.4% |
| Homes Sold | 4 |
| Active Inventory | 23 |
| Price Per Sq Ft | $137 |
Ownership & Stock
| Owner-Occupied | 84.3% |
| Renter-Occupied | 15.7% |
| Homeownership Rate | 84.3% |
| Total Housing Units | 2,775 |
| Median Year Built | 1975 |
| Rent Burden | 33.6% |