Monticello, located in Wright County, Minnesota, is a vibrant, growing city known for its beautiful parks, relatable community, and strong sense of identity. The city offers a variety of housing options and is conveniently situated along the Mississippi River, providing residents with scenic views and outdoor recreational opportunities. This article explores the best residential areas in Monticello, highlighting their characteristics, housing options, and average prices.
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Downtown Monticello

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Downtown Monticello is the cultural and commercial heart of the city, showcasing historic architecture, local shops, restaurants, and community events. This bustling area is ideal for those who appreciate an urban lifestyle with small-town charm.
Characteristics of the Downtown Monticello
* Culture: Rich history with local art and cultural events
* Transportation: Well-connected public transport options and walkable streets
* Services: Grocery stores, cafes, restaurants, and community centers
* Environment: Lively and community-oriented
Housing Options in the Downtown Monticello
Condos, Single-family homes, Townhouses
Average Home Prices in the Downtown Monticello
* Buying: $200,000 – $300,000
* Renting: $1,200 – $1,800/month
Monticello Riverwalk

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The Riverwalk area features picturesque views of the Mississippi River and walking trails, making it perfect for nature lovers and those who enjoy outdoor activities. This peaceful neighborhood offers a quiet retreat from the city's bustle.
Characteristics of the Monticello Riverwalk
* Culture: Focus on outdoor recreational activities, community events
* Transportation: Easy access to parks and trails, limited public transport
* Services: Parks, small shops, and local dining options
* Environment: Tranquil and nature-centric
Housing Options in the Monticello Riverwalk
Single-family homes, Custom-built homes
Average Home Prices in the Monticello Riverwalk
* Buying: $250,000 – $400,000
* Renting: $1,500 – $2,200/month
Monticello Village

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Monticello Village is a welcoming neighborhood that offers a strong sense of community, perfect for families and individuals alike. It features well-maintained parks, schools, and family-friendly amenities.
Characteristics of the Monticello Village
* Culture: Family-friendly environment with recreational programs
* Transportation: Accessible roads with schools and parks within walking distance
* Services: Schools, parks, and community centers
* Environment: Safe and community-oriented
Housing Options in the Monticello Village
Single-family homes, Townhouses
Average Home Prices in the Monticello Village
* Buying: $220,000 – $330,000
* Renting: $1,300 – $1,900/month
Lake Monticello Area

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Known for its beautiful lakeside living, the Lake Monticello area is perfect for those who enjoy water activities and serene views. This neighborhood offers a mix of recreational opportunities and scenic residential options.
Characteristics of the Lake Monticello Area
* Culture: Water sports and recreational activities centered around the lake
* Transportation: Car necessary for full access; limited public transport available
* Services: Small local eateries, fishing spots, and parks
* Environment: Relaxed and picturesque
Housing Options in the Lake Monticello Area
Lakefront homes, Single-family houses
Average Home Prices in the Lake Monticello Area
* Buying: $280,000 – $450,000
* Renting: $1,700 – $2,500/month
East Side Monticello

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The East Side of Monticello is an up-and-coming area characterized by modern homes and a sense of growth. This neighborhood is attractive to young professionals and families looking for desirable amenities and community engagement.
Characteristics of the East Side Monticello
* Culture: Growing community with local events and gatherings
* Transportation: Proximity to major highways for easy commuting, limited public transport
* Services: New shopping centers, fitness facilities, and local schools
* Environment: Young and vibrant
Housing Options in the East Side Monticello
New construction homes, Single-family homes
Average Home Prices in the East Side Monticello
* Buying: $300,000 – $500,000
* Renting: $1,800 – $2,600/month
West Monticello Neighborhood

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Located slightly away from the city's center, the West Monticello Neighborhood is known for its spacious properties and larger homes, appealing to families looking for more room and a quieter atmosphere.
Characteristics of the West Monticello Neighborhood
* Culture: Focus on family-oriented community events and outdoor activities
* Transportation: Reliable roads, car necessary for commuting
* Services: Local schools, shopping options, and recreational areas
* Environment: Residential and spacious
Housing Options in the West Monticello Neighborhood
Single-family homes, Larger properties
Average Home Prices in the West Monticello Neighborhood
* Buying: $250,000 – $400,000
* Renting: $1,400 – $2,000/month
Frequently Asked Questions About the Best Residential Areas in Monticello:
The best residential areas in Monticello include Downtown Monticello, Monticello Riverwalk, Monticello Village, Lake Monticello Area, East Side Monticello, and West Monticello Neighborhood.
Monticello Village is recognized for its family-friendly environment, with schools, parks, and community events available.
The Monticello Village and West Monticello Neighborhood areas often provide more affordable housing options.
Monticello Riverwalk and the Lake Monticello Area are well-known for outdoor activities and beautiful natural settings.
East Side Monticello and Downtown Monticello are ideal for young professionals due to their amenities and vibrant atmosphere.
Monticello has a varied transportation network, though a personal vehicle is often necessary to navigate the city easily.
Yes, there are multiple shopping areas, especially in Downtown Monticello and East Side Monticello.
Monticello Village is known for having access to some of the best schools in the area, making it a popular choice for families.
Monticello is characterized by a close-knit community atmosphere, with regular events and local gatherings across all neighborhoods.
Definitely! Areas like Monticello Riverwalk and the West Monticello Neighborhood offer peaceful settings ideal for retirees.
Conclusion on the Best Residential Areas in Monticello:
Monticello provides a diverse range of residential neighborhoods, each with its unique appeal and amenities. Whether you prefer the dynamic life of Downtown Monticello, the tranquility of the Monticello Riverwalk, or the community vibe of Monticello Village, there's something for everyone. The selection of housing options varies widely to suit different preferences and budgets, with average prices reflecting the desirability of each area. Living in Monticello means being part of a community that values connection, outdoor activities, and family-oriented living, making it a fantastic choice for anyone seeking a fulfilling lifestyle.
About the Author

Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.