Home prices
The cost of the median home in Montrose is $31,300. This is roughly $36,980 (54%) lower compared to its nearby areas.It is roughly $186,200 (85%) lower in comparison to the rest of the nation, and compared to the city of Monroe it is roughly $108,300 (77%) lower.
Rents
Montrose's median rent is $575 per month. This is about $30 (5%) higher compared to its surrounding areas.It is approximately $487 (45%) lower in comparison to the entire nation, and compared to the city of Monroe it is about $127 (18%) lower.
Nearby places
Portland
Portland is roughly 4 miles south from Montrose. The real estate prices there are substantially more expensive. The value of the median home in Portland is $76,700, which comes out to $45,400 (59%) higher than Montrose. Its rents are a bit less expensive. Portland's median rent is $452 a month, which is $123 (27%) lower than Montrose.
Lake Village
Lake Village is roughly 11 miles east from Montrose. Real estate prices there are significantly more expensive. Lake Village's median home cost is $68,300, which is $37,000 (54%) higher than Montrose. The rent there is similar. Lake Village's median monthly rent is $559, which works out to $16 (2%) lower than Montrose.
Hamburg
Hamburg is approximately 16 miles west of Montrose. Housing prices there are significantly more expensive. Hamburg's median home price is $73,700, which comes out to $42,400 (57%) higher than Montrose. Rent there is pretty similar. Hamburg's median monthly rent is $601, which comes out to $26 (4%) higher than Montrose.
Dermott
Dermott is approximately 17 miles north from Montrose. Housing prices there are substantially more expensive. Dermott's median home value is $70,800, which comes out to $39,500 (55%) higher than Montrose. Rents there are pretty similar. Dermott's median monthly rent is $569, which comes out to $6 (1%) lower than Montrose.
Eudora
Eudora is roughly 17 miles southeast from Montrose. The real estate prices there are substantially more expensive. The median home in Eudora is valued at $51,900, which comes out to $20,600 (39%) higher than Montrose. Its rents are a little less expensive. In Eudora the median monthly rent is $546, which is $29 (5%) lower than Montrose.
