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 $144,201, lower than the Virginia average of $323,261.
The average cost of rent is $1,179/mo in Montrose, primarily driven by the current value of real estate in the Montrose area. While nearly 29.20% of residents own their homes outright in Montrose, 49.35% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montrose is $3,750 per month. Households that rent pay about 31.43% of their income on rent here. Montrose's most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
- Montrose Heights, VA: higher priced homes
- Henrico, VA: higher priced homes
- Highland Springs, VA: higher priced homes
- East Highland Park, VA: higher priced homes
- Sandston, VA: higher priced homes
- Richmond, VA: higher priced homes
- Bensley, VA: equally priced homes
- Varina, VA: higher priced homes
- Meadowbrook, VA: higher priced homes
- Chamberlayne, VA: higher priced homes
Cities with Similar Populations
- Wiggins, MS: equally priced homes
- Island Lake, IL: higher priced homes
- Island Park, NY: higher priced homes
- Iuka, MS: less expensive homes
- Ivins, UT: higher priced homes
- Jamison, PA: higher priced homes
- Jamul, CA: higher priced homes
- Jarrettsville, MD: higher priced homes
- Johnstown, OH: higher priced homes
- Wittmann, AZ: higher priced homes
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