Home prices
The median home in Montrose is valued at $81,800. Compared to the surrounding areas this is approximately $26,460 (24%) lower.In comparison to the rest of the country it is about $135,700 (62%) lower, and it is roughly $32,600 (66%) higher compared to the city of Detroit.
Rents
Montrose's median rent is $630 a month. This is roughly $140 (18%) lower in comparison to nearby areas.It is about $432 (40%) lower compared to the entire nation, and is roughly $194 (23%) lower in comparison to the city of Detroit.
Nearby places
Burt
Burt is approximately 3 miles north of Montrose. The housing prices there are substantially more expensive. The median home in Burt is valued at $133,300, which works out to $51,500 (38%) higher than Montrose. Rents there are somewhat more expensive. Burt's median rent is $910 a month, which comes out to $280 (30%) higher than Montrose.
New Lothrop
New Lothrop is about 5 miles southwest of Montrose. Real estate prices there are a little more expensive. The median home in New Lothrop costs $111,300, which is $29,500 (26%) higher than Montrose. The rent there is a little more expensive. The median monthly rent in New Lothrop is $750, which is $120 (16%) higher than Montrose.
Birch Run
Birch Run is approximately 6 miles northeast from Montrose. Its real estate prices are a bit more expensive. The price of the median home in Birch Run is $99,700, which works out to $17,900 (17%) higher than Montrose. Its rents are somewhat more expensive. Birch Run's median rent is $818 a month, which works out to $188 (22%) higher than Montrose.
Clio
Clio is approximately 6 miles east of Montrose. Its housing prices are a little less expensive. The value of the median home in Clio is $76,700, which works out to $5,100 (6%) lower than Montrose. The rent there is pretty similar. Clio's median monthly rent is $632, which is very similar to Montrose.
Flushing
Flushing is roughly 7 miles south of Montrose. Its real estate prices are substantially more expensive. The value of the median home in Flushing is $120,300, which is $38,500 (32%) higher than Montrose. Rent there is a little more expensive. Flushing's median monthly rent is $739, which comes out to $109 (14%) higher than Montrose.