The Most Affordable Neighborhoods in Montrose County, CO by Home Value

 

Montrose County, CO Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Montrose County area can be challenging. Home prices in Montrose County are now at a median cost of $284,589, lower than the Colorado average of $430,259.

The average cost of rent is $1,064/mo in Montrose County, primarily driven by the current value of real estate in the Montrose County area. While nearly 49.32% of residents own their homes outright in Montrose County, 21.70% rent.

Housing affordability isn’t just about home prices, though. The average household income in Montrose County is $5,171 per month. Households that rent pay about 20.58% of their income on rent here. Montrose County's most expensive areas are in the eastern regions, while the cheapest areas are in the western parts of the county.


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