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Monticello, AR Home Values and Rents

The typical home value in Monticello is $160,548, 114th highest of 217 cities and towns in Arkansas. Median rent is $707 a month.

Typical home value
$160,548
114th of 217 in AR
Median rent
$707/mo
ACS 2020-2024
Price change, 1 year
+0.6%
Sep 2026
Homeownership
46.0%
AR: 66.4%

Typical home value in Monticello

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodMonticello
Sep 2026$160,548
Dec 2025$158,550
Dec 2024$158,798
Dec 2023$155,742
Dec 2022$154,853
Dec 2021$156,593
Dec 2020$137,576
Dec 2019$126,661
Dec 2018$122,641
Dec 2017$121,250
Dec 2016$118,414
Dec 2015$110,982
Dec 2014$107,563
Dec 2013$104,521
Dec 2012$101,255

Over five years, Monticello prices changed +6.5%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Drew County, AR

AR rents
Unit sizeMonthly rentvs FY2026
Studio$646-2.7%
1 bedroom$695-1.6%
2 bedrooms$909-1.9%
3 bedrooms$1,190-2.8%
4 bedrooms$1,195-2.6%

Frequently asked questions

What is the typical home value in Monticello, AR?
The typical home value in Monticello is $160,548 (Zillow Home Value Index, Sep 2026). The Arkansas median is $188,000.
How much is rent in Monticello?
The median rent in Monticello is $707 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $909.
Are home prices going up in Monticello?
The typical home value in Monticello changed +0.6% over one year and +6.5% over five years, as of Sep 2026.
How does Monticello compare with the rest of Arkansas?
Monticello has the 114th highest median home value of 217 cities and towns with 1,000+ residents in Arkansas.