Housing & Real Estate — Monterey, Indiana

Overview

Total Housing Units150
Occupied140
Vacant10
Owner-Occupied61
Renter-Occupied79
Median Home Value (Census)$82,500
Estimated 2026~$100,000
Median Rent$579/mo
Median Property Tax$478/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income17.7%
Severely Rent-Burdened5.7%

Housing Age

Built 2010 or later1
Built 2000-20090
Built 1990-19990
Built before 196035
Median Year Built1968
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.