Real Estate Investing in Monticello, Utah
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Should you buy in Monticello, UT? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 15.4% of homes vacant — above national norms.
What’s happening in Monticello, UT?
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Market Trends — Monticello, UT
Home Value History
Investing in Monticello Real Estate
Monticello (Utah) spans 1 ZIPs and roughly a sizable population. unambiguously the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.
The investment case for Monticello is difficult to make on screen data alone. a stretch for a 3.0 rating and a cap rate of 0.0% that looks fine only until you underwrite the vacancy.
Rents in Monticello at $1,341/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.
The 0% renter share in Monticello masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.
Landlord Ground Truth
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ZIP Codes in Monticello, UT
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View PlansFrequently Asked Questions About Monticello, UT
What is the median home value in Monticello, UT?
Monticello, UT median home values land near $336K. That is reasonable territory for investors looking at $1,341/mo-per-month rentals.
How landlord-friendly is Monticello, UT?
UT ranks as a landlord-friendly state for landlord-tenant law. Monticello generally follows the statewide framework, so landlords face reasonable operating rules.
What is the typical renter like in Monticello, UT?
Tenant demand in Monticello, UT is solid. The local workforce $1,341/mo rents across most rental classes.
Is Monticello, UT better for rentals, flips, or BRRRR?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Monticello, UT. The numbers - $336K homes against $1,341/mo rents - support that play.
What is the rental occupancy rate in Monticello, UT?
Rental vacancy in Monticello, UT is elevated. Investors should budget normal turnover but not chronic empty units.
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