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 $126,751, lower than the Michigan average of $196,062.
The average cost of rent is $776/mo in Montrose, primarily driven by the current value of real estate in the Montrose area. While nearly 44.37% of residents own their homes outright in Montrose, 15.73% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montrose is $4,944 per month. Households that rent pay about 15.70% of their income on rent here. Montrose's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
- Taymouth, MI: equally priced homes
- Morseville, MI: higher priced homes
- Burt, MI: higher priced homes
- New Lothrop, MI: higher priced homes
- Farrandville, MI: higher priced homes
- Birch Run, MI: higher priced homes
- Flushing, MI: higher priced homes
- Clio, MI: equally priced homes
- Fosters, MI: equally priced homes
- Juddville, MI: higher priced homes
Cities with Similar Populations
- San Martin, CA: higher priced homes
- Rock Spring, GA: higher priced homes
- Rockport, MA: higher priced homes
- Roseland, NJ: higher priced homes
- Roslyn Heights, NY: higher priced homes
- Rossford, OH: higher priced homes
- Rougemont, NC: higher priced homes
- Rusk, TX: less expensive homes
- Rutledge, TN: higher priced homes
- Salamanca, NY: less expensive homes
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