A+
46%
Med. Home Val. NAT. AVG.
32%
Rent NAT. AVG.
7%
Owner Occ. NAT. AVG.

Montevideo Housing Information

IndexMontevideoMinnesotaNational
Median home price$100,600$191,500$184,700
Median rent asked$648$873$949
Avg. people per household2.02.42.6
Owner occupied households59.4%71.4%63.6%
Renter occupied households40.6%28.6%36.4%
See Local Housing Trends Before You Buy! Local Insights Report
  • See home value trends within a small radius
  • Understand local market conditions near your address
  • Use detailed data to choose the right home
Local Insights Report

Housing Quick Facts

  • The median home price in Montevideo is 46% lower than the national average.
  • The median rent asked in Montevideo is 32% lower than the national average.
  • The average number of people per household in Montevideo is 24% lower than the national average.
  • The number of owner occupied households in Montevideo is 7% lower than the national average.
  • The number of renter occupied households in Montevideo is 12% higher than the national average.

Most Affordable Places to Live in and Around Montevideo

See all the best places to live around Montevideo

Compare Montevideo, MN Housing

City Image
    City Default Image
      vs
      Compare Neighborhoods & Addresses Local Insights Report

      Why stop at city-to-city? With Local Insights, you can compare neighborhoods, zip codes, or even exact addresses. Access 300+ hyperlocal data points—from schools and crime to housing and amenities—to see which area is the better fit.

      Local Insights Report
      How would you rate real estate in Montevideo?
      Write a review to give others more information about this area.
      How would you rate rentals in Montevideo?
      Write a review to give others more information about this area.
      See all Montevideo poll results

      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Boyd, MN149$26,30086%
      Milan, MN364$48,80074%
      Watson, MN178$57,00069%
      Clarkfield, MN962$64,00065%
      Maynard, MN357$68,30063%
      Montevideo, MN5,071$100,60046%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Penn Yan, NY5,072$114,60038%
      Chestertown, MD5,073$260,60041%
      Munroe Falls, OH5,069$167,4009%
      Holbrook, AZ5,073$102,20045%
      East Port Orchard, WA5,069$252,00036%
      Montevideo, MN5,071$100,60046%
      Source: The Montevideo, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).