Monticello, MS

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

11 / 16

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$14,352

Middle-Earners Revenue

Occupancy

60%

Middle-Earners Occupancy

Home Value

$118,191

Median Home Sale Price

Top Earners

$20,770

Top-Earners Revenue

Monticello

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Monticello.

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C

Challenging to Investors

Monticello Regulations

Monticello, MS lacks specific STR regulations, creating regulatory uncertainty that challenges investors. No clear city ordinances, permitting process, or zoning clarity were found, forcing investors to independently verify requirements with county officials and operate under vague state framework. This regulatory gap and compliance ambiguity, despite being technically legal, creates significant investment risk and operational uncertainty.

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About Monticello

Monticello is a small, slow-paced town that serves as the county seat of Lawrence County in southern Mississippi. With a population of approximately 1,500 residents, it carries the unhurried feel of rural Mississippi, where historic homes, oak-shaded streets, and small-town hospitality define the daily rhythm. The community sits in a region prized for its pine forests, winding creeks, and outdoor traditions, and it functions as a quiet gateway to some of the most unspoiled country in southwest Mississippi. Monticello lies roughly 70 miles south of Jackson, the state capital, and about 30 miles north of Brookhaven, placing visitors within easy reach of larger-city amenities while remaining firmly rooted in the rural landscape.

To the west and southwest of Monticello stretches the Homochitto National Forest, a sprawling expanse of public land known for its longleaf pine stands, rolling hills, and well-stocked streams. The forest offers hiking, hunting, fishing, and wildlife watching, and it draws visitors looking for an authentic, low-key outdoor experience away from busier Mississippi destinations. Access points are typically a 30- to 45-minute drive from town, making it a practical day trip for short-term-rental guests who want to spend time on the water or in the woods.

The historic Natchez Trace Parkway, one of the most scenic drives in the southeastern United States, runs through the broader region and brings travelers from across the country. The parkway follows an old Native American and settler trail from Natchez up through Jackson and beyond, and several access points and interpretive stops are within an hour's drive of Monticello. Guests can use a Monticello rental as a base for day-long excursions along the Trace, exploring pull-offs, short trails, and historic sites along the way.

A short drive south, the town of Brookhaven offers a more developed visitor experience, with locally owned restaurants, antique shops, and a walkable downtown. It also serves as a convenient stop for supplies, dining, and entertainment, complementing the quieter character of Monticello itself. The drive between the two towns takes roughly 35 to 40 minutes along U.S. Highway 84.

Monticello appeals to short-term-rental owners looking for a destination where the natural setting does most of the selling. Its central position within reach of the Homochitto National Forest, the Natchez Trace Parkway, and several larger southern Mississippi towns gives it a flexibility that few similarly sized communities can match. Travelers drawn to hunting, fishing, scenic drives, or simply a taste of small-town Mississippi life will find a welcoming base here, and the combination of rural character and regional access makes it a thoughtful fit for investors seeking a market with steady, nature-oriented demand.

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