Montevideo at a Glance
Population
5,350
Median Home Value
$124,500
Nat'l avg: $281,900
Median Rent
$762
Nat'l avg: $1,163
Median Income
$49,435
Nat'l avg: $74,580
Violent Crime
1.2 per 1K
Nat'l avg: 3.6 per 1K
Walk Score
N/A
N/A
Air Quality
N/A
N/A
Climate Risk
N/A
Explore Montevideo
Dive deeper into Montevideo with specialized neighborhood guides and rankings.
Best Neighborhoods
Top-rated neighborhoods in Montevideo ranked by Kurby Score
Affordable Neighborhoods
Most budget-friendly areas to live in Montevideo
Up & Coming Neighborhoods
Emerging neighborhoods with growth potential in Montevideo
Young Professionals
Best neighborhoods for career starters in Montevideo
Retiree Neighborhoods
Best neighborhoods for retirees in Montevideo
Living In Guide
Complete guide to life in Montevideo — cost, safety, schools & more
All Neighborhoods
Browse every neighborhood in Montevideo with detailed data
About Montevideo
Alright, let me give you the lowdown on Montevideo, Minnesota. This charming prairie town, home to around 5,350 friendly folks, offers a refreshingly affordable lifestyle, a true breath of fresh air compared to the national average. Picture this: a median home value of just $124,500 – that's a steal! Imagine the possibilities that opens up. You get a real sense of community here, where neighbors know each other and the pace of life feels just right. It's the kind of place where you can unwind, enjoy the simple pleasures, and still have enough left over to pursue your passions. From an investment standpoint, Montevideo presents a compelling opportunity. While the median household income sits at $49,435, the low cost of entry into the housing market means your dollar stretches much further here. You'll find a stable, family-oriented community. If you're seeking a safe and welcoming environment with a low cost of living, Montevideo is a fantastic choice, especially for first-time homebuyers or those looking to downsize and simplify their lives. It's a place where you can build equity without breaking the bank and enjoy a quality of life that's increasingly hard to find elsewhere.