Affordable
Expensive
Expensive
Colorblind friendly
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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 $726,101, higher than the Houston average of $330,856.
The average cost of rent is $1,741/mo in Montrose, primarily driven by the current value of real estate in the Montrose area. In Montrose, 62.68% of households rent, and 35.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montrose is $9,615 per month. Households that rent pay about 18.11% of their income on rent here. Montrose’s most expensive areas are in the western regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Midtown, Houston, TX: less expensive homes
- Fourth Ward, Houston, TX: less expensive homes
- Washington Avenue-Memorial Park, Houston, TX: less expensive homes
- Rice, Houston, TX: higher priced homes
- Rice Military, Houston, TX: less expensive homes
- River Oaks, Houston, TX: higher priced homes
- Downtown Houston, Houston, TX: less expensive homes
- West University, Houston, TX: higher priced homes
- Medical, Houston, TX: less expensive homes
- Greater Heights, Houston, TX: equally priced homes
Neighborhoods with Similar Populations
- Alexandria Wrest, Alexandria, VA: less expensive homes
- Stapleton, Denver, CO: higher priced homes
- West Bloomington, Bloomington, MN: less expensive homes
- West Farms, Bronx, NY: equally priced homes
- West Side, Long Beach, CA: less expensive homes
- Elmwood, Philadelphia, PA: less expensive homes
- Edison, Fresno, CA: less expensive homes
- Eagle Ford, Dallas, TX: less expensive homes
- Crenshaw, Los Angeles, CA: higher priced homes
- Bull Mountain, Tigard, OR: less expensive homes
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