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 $293,915, lower than the Colorado average of $430,259.
The average cost of rent is $1,100/mo in Montrose, primarily driven by the current value of real estate in the Montrose area. While nearly 49.99% of residents own their homes outright in Montrose, 22.13% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montrose is $5,313 per month. Households that rent pay about 20.71% of their income on rent here. Montrose's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Oak Grove, CO: higher priced homes
- Uncompahgre, CO: higher priced homes
- Olathe, CO: less expensive homes
- Cory, CO: higher priced homes
- Maher, CO: equally priced homes
- Cimarron, CO: higher priced homes
- Delta, CO: less expensive homes
- Crawford, CO: equally priced homes
- Ridgway, CO: higher priced homes
- Lazear, CO: equally priced homes
Cities with Similar Populations
- Watertown, NY: less expensive homes
- Derry, NH: equally priced homes
- Des Moines, WA: higher priced homes
- Dover, NH: higher priced homes
- Dracut, MA: higher priced homes
- Dublin, GA: less expensive homes
- Durango, CO: higher priced homes
- Texarkana, AR: less expensive homes
- Tifton, GA: less expensive homes
- University Park, FL: 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