Monticello, AR

Key Performance Metrics

Market snapshot

Performance indicators for the Monticello short-term rental market based on reliable data.

Listings

8 / 17

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$20,201

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$163,088

Median Home Sale Price

Top Earners

$25,113

Top-Earners Revenue

Monticello

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Monticello.

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Generally Investor friendly

Monticello Regulations

STRs are allowed and effectively treated as residential rentals with no city permit or cap, but investors must confirm zoning and local licensing/tax rules, potentially adding moderate compliance effort.

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About Monticello

Monticello ( MON-tiss-EL-oh) is a college town in, and the county seat of, Drew County, Arkansas. As of the 2010 census it had a population of 9,467. Founded in 1849 in the Arkansas Timberlands near the Arkansas Delta region, the city has long been a commercial, cultural and educational hub for southeast Arkansas. With a historically agriculture- and silviculture-based economy, it has diversified to include growth from the medical sector and the University of Arkansas at Monticello.