
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 $239,490, higher than the South Dakota average of $199,518.
The average cost of rent is $543/mo in Montrose, primarily driven by the current value of real estate in the Montrose area. While nearly 36.15% of residents own their homes outright in Montrose, 20.09% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montrose is $6,704 per month. Households that rent pay about 8.10% of their income on rent here. Montrose's most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Humboldt, SD: equally priced homes
- Rumpus Ridge, SD: equally priced homes
- Canistota, SD: less expensive homes
- Salem, SD: less expensive homes
- Orland, SD: equally priced homes
- Pumpkin Center, SD: equally priced homes
- Stanley Corner, SD: equally priced homes
- Unityville, SD: less expensive homes
- Huntimer, SD: higher priced homes
- Hartford, SD: equally priced homes
Cities with Similar Populations
- Fortuna, MO: less expensive homes
- Steam Corners, OH: less expensive homes
- Sawyer, KY: less expensive homes
- Graton, CA: higher priced homes
- Grand Junction, IA: less expensive homes
- Goose Island, GA: higher priced homes
- Gloverville, SC: less expensive homes
- Glenwood, AL: less expensive homes
- Glen, NH: higher priced homes
- Gilchrist, OR: less expensive homes
All Local Stats
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