Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montrose area can be challenging. Home prices in Montrose are now at a median cost of $365,600, higher than the Alabama average of $185,232.
The average cost of rent is $1,607/mo in Montrose, primarily driven by the current value of real estate in the Montrose area. While nearly 31.05% of residents own their homes outright in Montrose, 11.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montrose is $8,973 per month. Households that rent pay about 17.91% of their income on rent here. Montrose's most expensive areas are in the central regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Daphne, AL: less expensive homes
- Fairhope, AL: less expensive homes
- Point Clear, AL: higher priced homes
- Malbis, AL: less expensive homes
- Silverhill, AL: less expensive homes
- Loxley, AL: less expensive homes
- Spanish Fort, AL: less expensive homes
- Steelwood, AL: less expensive homes
- Summerdale, AL: less expensive homes
- Rosinton, AL: less expensive homes
Cities with Similar Populations
- Laytonsville, MD: higher priced homes
- Thermo, TX: less expensive homes
- Texhoma, OK: less expensive homes
- Sydnorsville, VA: less expensive homes
- Swan Lake, NY: less expensive homes
- Stockton, MN: less expensive homes
- Spring Creek, TN: less expensive homes
- South Riley, MI: less expensive homes
- Shushan, NY: less expensive homes
- Ship Bottom, NJ: higher priced homes
All Local Stats
Home Services
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren't able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood