Home prices
Montrose's median home price is $211,700. Compared to nearby areas this is about $73,500 (25%) lower.Compared to the entire nation it is approximately $5,800 (2%) lower, and compared to the city of Grand Junction it is approximately $25,400 (10%) lower.
Rents
The median rent in Montrose is $905 per month. This is roughly $86 (8%) lower in comparison to its nearby areas.It is about $157 (14%) lower in comparison to the US as a whole, and compared to the city of Grand Junction it is approximately $30 (3%) lower.
Nearby places
Olathe
Olathe is approximately 11 miles northwest from Montrose. Housing prices there are substantially less expensive. The cost of the median home in Olathe is $133,400, which is $78,300 (58%) lower than Montrose. Rents there are a bit less expensive. The median rent in Olathe is $714 a month, which comes out to $191 (26%) lower than Montrose.
Loghill Village
Loghill Village is roughly 19 miles south from Montrose. The real estate prices there are significantly more expensive. The median home in Loghill Village is valued at $556,800, which works out to $345,100 (61%) higher than Montrose. Rents there are a lot more expensive. Loghill Village's median monthly rent is $1,481, which comes out to $576 (38%) higher than Montrose.
Crawford
Crawford is about 20 miles northeast from Montrose. The housing prices there are somewhat less expensive. Crawford's median home cost is $163,800, which works out to $47,900 (29%) lower than Montrose. Rents there are pretty similar. The median rent in Crawford is $870 per month, which is $35 (4%) lower than Montrose.
Ridgway
Ridgway is roughly 22 miles south of Montrose. Its housing prices are a lot more expensive. Ridgway's median home cost is $401,500, which is $189,800 (47%) higher than Montrose. Rents there are a bit more expensive. The median monthly rent in Ridgway is $1,120, which is $215 (19%) higher than Montrose.
Delta
Delta is about 22 miles northwest of Montrose. The real estate prices there are a little less expensive. The median home price in Delta is $170,500, which works out to $41,200 (24%) lower than Montrose. Rent there is a bit less expensive. Delta's median rent is $768 a month, which comes out to $137 (17%) lower than Montrose.