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Affordable
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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 $124,174, lower than the Mississippi average of $183,008.
The average cost of rent is $637/mo in Montrose, primarily driven by the current value of real estate in the Montrose area. In Montrose, 13.52% of households rent, and 71.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montrose is $4,226 per month. Households that rent pay about 15.08% of their income on rent here. Montrose’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Louin, MS: less expensive homes
- Sylvarena, MS: less expensive homes
- McNeal, MS: less expensive homes
- Cohay, MS: less expensive homes
- Baxter, MS: higher priced homes
- Lemon, MS: higher priced homes
- Bay Springs, MS: equally priced homes
- Waldrup, MS: equally priced homes
- Ras, MS: less expensive homes
- Raleigh, MS: equally priced homes
Cities with Similar Populations
- Falls City, WI: higher priced homes
- Standish, CA: higher priced homes
- Garrison, IA: higher priced homes
- Stag Park, NC: higher priced homes
- Riverdale, NE: higher priced homes
- St. Rose, IL: higher priced homes
- Fremont, IA: equally priced homes
- St. John, WA: higher priced homes
- Fort Atkinson, IA: higher priced homes
- Forest Glen, CA: higher priced homes
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