Monterey
Great schools with outdoor access
9 homes for sale·Median $360K·Walkability 0.0/10·Schools 7.4/10
The rhythm of life here moves at its own pace—a restaurant is steps from your door, coffee about a mile away, and the nearest grocery store a short drive down country roads. Monterey township spreads across more than twenty-three thousand acres in Allegan County, the kind of expanse that lets you breathe. A park sits roughly three and a half miles out, close enough for a weekend outing but far enough that you're not hemmed in by manicured green space. The land itself is the real amenity: wide open, uncluttered, the sort of place where you notice the sky.
Why people love it here
Lake life
- Dumont Lake within walking distance
- Dumont Lake County Park Beach: 6 min drive
- Beach in Shoemaker Sub Area: 6 min drive
Hopkins High School
- High — 4.3 mi away
- Hopkins
- 4 rated schools in district
$89K median household income
- $360K median · 11 sales in last 12mo
Conventional Mortgage Calculator
Median home price in Monterey
Estimated Monthly Payment
$2,444/mo
Property tax and insurance are estimates you can edit — not a quote. Tap either figure to enter your own.
The interest rate shown is not an annual percentage rate (APR). Rate displayed is the current average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey and is subject to change without notice. Your actual rate, payment, and costs may vary. Contact a loan officer for a personalized quote.
Guild Mortgage NMLS #3274. Equal Housing Opportunity. NMLS Consumer Access. Not a commitment to lend. All loans subject to underwriter approval; terms and conditions may apply. Subject to change without notice. Always consult an accountant or tax advisor for full eligibility requirements on tax deduction.
11 homes sold in Monterey this year. Thinking of selling?
See what your home is worthBased on 5 rated schools nearby
Range: 5/10 to 9/10
School District: Hopkins Public Schools
Flood Risk
None
Not in flood zone
Nearest Park
Unnamed park
3.5 mi
Parks Nearby
0
within 1 mile
Nearest Lake
Dumont Lake
0.1 mi
Walkability
Car-dependent
Overall walkability score out of 10
Based on actual walk/bike/drive times to nearby amenities via Mapbox
Russo's
Piki's Café and Torta Shop
CockTailz Bar & Grill II
Dumont Lake County Park
Dumont Lake County Park Playground
Dumont Lake
+1 more
Dumont Lake County Park Beach
Sheridan Township Park
Dog Park in Friesian Ct Area
Hopkins Public Library
Old Regent Theatre
Most of Monterey is policed by the Allegan County Sheriff's Office. Across that jurisdiction in 2024, the most common reported offenses were larceny / theft (433 per 100,000 residents) and burglary (129 per 100,000 residents), per FBI Uniform Crime Reporting.
For perspective, homicide — the most serious crime — was reported at about 0.001% of the population, roughly 1 in 100,000 residents.
| Offense type | Per 100k residents |
|---|---|
| Larceny / theft | 433 |
| Burglary | 129 |
| Aggravated assault | 78 |
| Motor-vehicle theft | 58 |
| Rape | 9 |
| Arson | 7 |
| Robbery | 5 |
| Homicide | 1 |
Reported offenses per 100,000 residents, Allegan County Sheriff's Office, FBI Uniform Crime Reporting (2024). Figures cover the Allegan County Sheriff's Office's full jurisdiction (the county's unincorporated areas), not Monterey alone. Crime is reported at the jurisdiction level and varies block to block within any community.
To buy a median-priced Monterey home (around $360,000) at today's 6.49% 30-year fixed rate with 20% down, you'd need roughly $57k/year in household income to qualify — an estimated monthly payment of $2,149 (principal, interest, property tax, and insurance).
The typical Monterey household earns $88,854 — above what the median home requires. At that income, a buyer can afford roughly $579,000 with 20% down.
| Down payment | Monthly payment | Income needed |
|---|---|---|
| 20% | $2,149/mo | $57,306 |
| 10% (+PMI) | $2,511/mo | $66,967 |
| 5% (+PMI) | $2,632/mo | $70,198 |
Estimates use a 6.49% 30-year fixed rate (current Freddie Mac average), an aggressive ~45% housing-to-income ratio (roughly what FHA underwriting can allow for a buyer with no other monthly debts — your number depends on your debts and credit), this area's median sale price and median property taxes, plus estimated insurance and PMI below 20% down. Not a commitment to lend, and not an APR — your actual rate and payment will vary.
Land for sale
Listings
9 parcels
Active / pending
Typical Land Value
$33K/acre
Median asking
Median Price
$140K
Per listing
Who actually lends in Monterey, and how homes here are financed — from 2024 federal mortgage records.
Loans to buy a home
Most active lenders
Homeowners refinancing an existing mortgage
Most active lenders
Source: 2024 HMDA (CFPB/FFIEC). Neighborhood figures are area-weighted estimates from census-tract data; loan amounts are rounded and all-cash purchases are excluded.
Association and local-government details are compiled from public records, municipal sites, and state registries, and can change. Confirm directly with the association or municipality before relying on them.
Solar potential
~$907/yr in electricity from a typical rooftop solar system
Produces ~6,349 kWh/yr · offsets ~60% of a typical home's use
Private well
Rural township; individual wells.
Septic - individual
Individual septic systems.
Resident-arranged hauler
Curbside trash resident-arranged (e.g. Republic, Waste Management).
Consumers Energy Co|Great Lakes Energy Coop · ~14.3¢/kWh
Standard provider; pockets Great Lakes Energy.
Confirm by addressLocal/area fire department (mutual aid)
Rural township fire coverage via township or neighboring department.
Source: montereytownship.org
Utility, solar, and service details for Monterey are compiled from public records, municipal sites, and NREL / U.S. data.gov, and can change. Electric/gas can vary by address — confirm with the provider before relying on them.
Median Income
$89K
Home Value (Census)
$186K
🍕 Restaurants(4)
☕ Coffee(1)
Piki's Café and Torta Shop
Café
🍺 Bars(1)
🏫 Schools(10)
Fairview School
Oakview School
Dallas School
Saint Pauls School
+5 more within 5 miles
💪 Gyms(1)
Fitness Center on 138th Ave
Fitness Center
🐕 Dog Parks(1)
Dog Park in Friesian Ct Area
Dog Park
📚 Libraries(1)
Hopkins Public Library
Frequently asked about Monterey
- What do homes cost in Monterey?
- The median home value in Monterey is about $360,000. Individual prices vary by street, size, and condition.
- How active is the Monterey housing market?
- there are 9 homes for sale in Monterey right now, and 11 homes sold here in the last 12 months. Listings refresh throughout the day from the MichRIC MLS.
- What schools serve Monterey?
- Monterey is served by Hopkins Public Schools. Its highest-rated assigned school is Hopkins High School (9/10).
- Is Monterey walkable?
- Monterey scores 0.0/10 for walkability — a measure of walking, biking, and driving access to groceries, dining, parks, schools, and transit.
