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 $393,322, lower than the Colorado average of $579,698.

The average cost of rent is $1,353/mo in Montrose County, primarily driven by the current value of real estate in the Montrose County area. In Montrose County, 24.61% of households rent, and 47.32% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Montrose County is $6,105 per month. Households that rent pay about 22.16% of their income on rent here. Montrose County’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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