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 $92,623, lower than the Arkansas average of $160,541.
The average cost of rent is $818/mo in Montrose, primarily driven by the current value of real estate in the Montrose area. While nearly 51.14% of residents own their homes outright in Montrose, 21.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montrose is $3,827 per month. Households that rent pay about 21.38% of their income on rent here. Montrose's most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Macon Lake, AR: equally priced homes
- Dermott, AR: less expensive homes
- Bellaire, AR: equally priced homes
- Halley Junction, AR: equally priced homes
- Collins, AR: less expensive homes
- Snyder, AR: higher priced homes
- Lake Village, AR: higher priced homes
- Halley, AR: equally priced homes
- Cominto, AR: higher priced homes
- Luna, AR: higher priced homes
Cities with Similar Populations
- Grafton, IL: higher priced homes
- Stones River Homes, TN: higher priced homes
- Stinnett, KY: equally priced homes
- Stanville, KY: higher priced homes
- Lempster, NH: higher priced homes
- Le Grand, IA: higher priced homes
- Hannacroix, NY: higher priced homes
- Hanalei, HI: higher priced homes
- Gumberry, NC: less expensive homes
- Gum Spring, AL: 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