Newest Homes for Rent in Monticello, AR

The median rent for a home in Monticello, AR is $1,200 per month, though prices vary by neighborhood, size, and property type.

To comfortably afford the median rent in Monticello, AR, a household needs to earn roughly $48,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,200 per month in Monticello, AR, renters typically need to show $3,600 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.