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 $104,748, lower than the Iowa average of $182,666.
The average cost of rent is $618/mo in Montrose, primarily driven by the current value of real estate in the Montrose area. While nearly 58.56% of residents own their homes outright in Montrose, 11.43% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montrose is $4,596 per month. Households that rent pay about 13.45% of their income on rent here. Montrose's most expensive areas are in the eastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Nauvoo, IL: higher priced homes
- Summitville, IA: higher priced homes
- Charleston, IA: higher priced homes
- Argyle, IA: higher priced homes
- Mooar, IA: equally priced homes
- Fort Madison, IA: higher priced homes
- Old Niota, IL: equally priced homes
- Keokuk, IA: less expensive homes
- Donnellson, IA: higher priced homes
- Niota, IL: equally priced homes
Cities with Similar Populations
- Franklin Springs, GA: higher priced homes
- Coupland, TX: higher priced homes
- Cranesville, PA: higher priced homes
- Cumberland City, TN: higher priced homes
- Cumby, TX: higher priced homes
- DePew, OK: higher priced homes
- Dix, IL: higher priced homes
- Dowling, MI: higher priced homes
- Duck Hill, MS: higher priced homes
- Dunnigan, CA: higher priced homes
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