Real Estate Investing in Monticello, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 15,313 • White County

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Should you buy in Monticello, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (60/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 35.0% of homes vacant — above national norms.

What’s happening in Monticello, IN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $244,019
Avg Monthly Rent $909
ZIP Codes 1

Investing in Monticello Real Estate

With a sizable population across 1 ZIPs, Monticello shows the kind of thin fundamentals that keep most out-of-state capital on the sidelines.

Monticello is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. plainly out-of-state investors should be especially careful with the assumptions they carry in.

Transaction volume in Monticello has thinned in a way that amplifies price discovery risk. On the rental side, investors without local context should treat every number on the page with skepticism.

Monticello's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Lafayette-West Lafayette, IN

Monticello is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$244,019
Avg Monthly Rent
$909
1% Rule
✗ Below
Landlord Friendly (IN)

ZIP Codes in Monticello, IN

Screen every ZIP in Monticello

Filter Monticello’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Monticello, IN

Are homes affordable in Monticello, IN?

Monticello, IN median home values land near $244K. That is reasonable territory for investors looking at $909/mo-per-month rentals.

What kind of market is Monticello, IN for investors?

Investors tracking Monticello, IN will find a 3.0/5 rating supported by $244K median home values and $909/mo rents. That profile suits long-term holders targeting measured returns.

What kind of vacancy should I budget for in Monticello, IN?

Occupancy in Monticello, IN runs measured with elevated vacancy. Well-priced units at $909/mo lease on reasonable timelines.

Does Monticello, IN favor landlords or tenants?

Rental owners in Monticello, IN deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

What is the renter demographic in Monticello, IN?

Monticello, IN offers a stable renter base at the $909/mo rent level. Tenant turnover is reasonable for well-managed properties.

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