Monticello, AR Real Estate

According to census data in the year 2000 there were 3,868 housing units in Monticello. This represents a 18.4% growth from 3,267 in 1990.

Of those housing units, 3,681 were located in either urbanized areas or urban clusters, and 187 were located in what is classified as a rural area.

Homeownership rate in Monticello is about 54.1%. Monticello's vacancy rate, including seasonal lodging, is about 8.8%. Average household size is 2.36 people.

The majority of houses, apartments or condos in Monticello were built after 1976.


Housing Size

Housing Units by Size
Studio Type0.10%
One Bedroom10.10%
Two Bedrooms33.90%
Three Bedrooms46.60%
Four Bedrooms8.10%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.54
Median year structure was built1974
Median Value of occupied units$66,000
Median Price asked for vacant units$23,700

Rented Homes, Apartments and Condos

Average Household Size2.15
Median year structure was built1979
Median Monthly Rent asked for vacant units$261

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage6.50%
Home Equity Loan3%
Simple Mortgage52.50%
Debt Free38%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%