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Monticello, MN
Full City Profile · Minnesota · Sherburne County County
3.3
/5.0
B
Good
14,607
Population
1,596/sq mi density
$81,563
Median Income
$34,071 per capita
$298,400
Home Value
$326,419 Zillow
$1,462
Median Rent
28.0% income on rent
44°F
Avg Temperature
270 sunny days/yr
129
Violent Crime/100K
878 property/100K
B
Overall
3.3 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.6 / 5.0
$81,563 median income, 1.7% unemployment
A+
Affordability
4.6 / 5.0
$298,400 home value, $1,462/mo rent
F
Safety
1.0 / 5.0
129 violent crimes/100K
C+
Education
2.9 / 5.0
23.5% bachelor's degree or higher
Housing Overview
Median Home Value
$298,400
6% above
US avg: $281,900
Median Rent
$1,462/mo
26% above
US avg: $1,163/mo
Homeownership Rate
64.9%
1% below US avg (65.4%)
Total Housing Units
5,586
Median year built: 1997
Home Value by Source
Census Median
$298,400
Zillow (ZHVI)
$326,419
Median Sale Price
$325,000
Median List Price
$324,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.9%
Owner-Occupied
35.1%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,462/mo
· Zillow rent:
$1,527/mo
Market Indicators (Redfin)
Median Days on Market
63 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
25.6%
of listings with price reduction
Price Per Sq Ft
$168
Active Inventory
39
homes for sale
Affordability & Housing Stock
Rent Burden
28.0%
of renters spending 30%+ of income on housing
10% below US avg (31.0%)
Median Year Built
1997
Average age of housing stock: 29 years
Homeownership Rate
64.9%
Complete Housing Data
Home Values
| Census Median Value | $298,400 |
| Zillow Home Value (ZHVI) | $326,419 |
| Median Sale Price | $325,000 |
| Median List Price | $324,900 |
| Price Per Sq Ft | $168 |
Rent
| Census Median Rent | $1,462 |
| Zillow Rent (ZORI) | $1,527 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 63 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 25.6% |
| Homes Sold | 13 |
| Active Inventory | 39 |
| Price Per Sq Ft | $168 |
Ownership & Stock
| Owner-Occupied | 64.9% |
| Renter-Occupied | 35.1% |
| Homeownership Rate | 64.9% |
| Total Housing Units | 5,586 |
| Median Year Built | 1997 |
| Rent Burden | 28.0% |