
Home Price Key
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 $107,578, lower than the Missouri average of $194,908.
The average cost of rent is $763/mo in Montrose, primarily driven by the current value of real estate in the Montrose area. While nearly 60.54% of residents own their homes outright in Montrose, 25.32% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montrose is $4,365 per month. Households that rent pay about 17.48% of their income on rent here. Montrose's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Appleton City, MO: less expensive homes
- Hudson, MO: higher priced homes
- Johnstown, MO: higher priced homes
- La Due, MO: equally priced homes
- Delmar, MO: higher priced homes
- Spruce, MO: higher priced homes
- Johnson City, MO: higher priced homes
- Deepwater, MO: equally priced homes
- Pleasant Gap, MO: higher priced homes
- Clinton, MO: higher priced homes
Cities with Similar Populations
- Dolen, TX: less expensive homes
- Union, IA: less expensive homes
- Emden, IL: equally priced homes
- Elmwood Heights, WV: higher priced homes
- Ekalaka, MT: equally priced homes
- Edna, KS: equally priced homes
- Eckerty, IN: less expensive homes
- East Killingly, CT: higher priced homes
- Earley, NC: less expensive homes
- Dumont, CO: higher priced homes
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