Expensive
Affordable
Affordable
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These days, finding an affordable place to live in the Montrose-Ghent area can be challenging. Home prices in Montrose-Ghent are now at a median cost of $542,017, higher than the Ohio average of $236,816.
The average cost of rent is $1,477/mo in Montrose-Ghent, primarily driven by the current value of real estate in the Montrose-Ghent area. In Montrose-Ghent, 9.49% of households rent, and 34.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montrose-Ghent is $14,196 per month. Households that rent pay about 10.40% of their income on rent here. Montrose-Ghent’s most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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