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The average rent in Monticello, NY is $1,314.

In Monticello, 80% of the residents are renting compared to 20% owning a home, according to data from the U.S. Census Bureau. Large-scale apartment buildings with more than 50 units represent 20% of Monticello's rentals, 63% are small-scale complexes with under 50 units, and 15% are single-family rentals.

The age and size of multifamily buildings are among the most visible characteristics of the rental market in a city. In this case, the apartment buildings in Monticello are about 46 years old, on average. Of these, 9% have been built since 2000, representing the newer options on the market and typically offering more amenities. Rental buildings in the city have an average height of 3 stories. About all of the rental communities here are low-rise, garden-style communities, none are mid-rises, and none are high-rise buildings. These are true especially for large-scale multifamily buildings with over 50 apartments.

Rental apartments in Monticello come in a range of sizes and floorplans. Studio apartments represent 2% of units for rent, ideal for singles, renters on a budget and people who value central locations more than space. Rentals with 1-bedroom floorplans make up 52% of the total apartments in the city, while 2-bedroom floorplans represent around 28% of all rentals in Monticello. The rest are larger floorplans with 3 bedrooms or more, typically preferred by families, larger households or roommates sharing space.