Monticello, IL

City

Rent in Monticello

Median Gross Rent

$1,379

Rent-to-Income Ratio

21.9%

Renter Share

17.3%

Median Renter Income

$97,666

Avg Household Size

1.5

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

1 Bedroom: $2,560
2 Bedrooms: $1,284

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 28.9%
$1,000-$1,500: 26.6%
$1,500-$2,000: 29.8%
$2,000-$2,500: 0.0%
$2,500+: 10.8%
No Cash Rent: 3.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 39.3%
20-30% (moderate): 22.9%
30-50% (cost-burdened): 5.4%
50%+ (severely cost-burdened): 28.5%
Not Computed: 3.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $102,797
Renter Households: $97,666

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 28.9%
$1,000-$1,500: 52.0%
$1,500-$2,000: 4.3%
$2,000-$2,500: 6.3%
$2,500+: 4.5%
No Cash Rent: 3.9%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Monticello

Neighborhood

Piatt, IL

White Heath / Centerville

LaPlace / Burrowsville

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources