Home prices
The median home in Montrose is valued at $98,800. It is approximately $26,620 (21%) lower in comparison to other places in this area.It is roughly $118,700 (54%) lower in comparison to the rest of the nation, and in comparison to the city of Sioux Falls it is approximately $91,000 (47%) lower.
Rents
Montrose's median rent is $405 per month. It is approximately $311 (43%) lower compared to its nearby areas.Compared to the nation as a whole it is approximately $657 (61%) lower, and in comparison to the city of Sioux Falls is roughly $422 (51%) lower.
Nearby places
Humboldt
Humboldt is about 5 miles southeast from Montrose. Its real estate prices are a little more expensive. The median home in Humboldt is valued at $123,800, which works out to $25,000 (20%) higher than Montrose. Its rents are significantly more expensive. In Humboldt the median monthly rent is $684, which is $279 (40%) higher than Montrose.
Canistota
Canistota is about 8 miles southwest of Montrose. The real estate prices there are a little less expensive. The price of the median home in Canistota is $90,500, which works out to $8,300 (9%) lower than Montrose. Its rents are a bit more expensive. Canistota's median monthly rent is $544, which is $139 (25%) higher than Montrose.
Salem
Salem is roughly 8 miles west of Montrose. The real estate prices there are somewhat more expensive. The median home price in Salem is $107,700, which comes out to $8,900 (8%) higher than Montrose. Rent there is significantly more expensive. Salem's median monthly rent is $766, which is $361 (47%) higher than Montrose.
Hartford
Hartford is approximately 11 miles southeast of Montrose. Housing prices there are significantly more expensive. The median home in Hartford is valued at $184,000, which works out to $85,200 (46%) higher than Montrose. Its rents are substantially more expensive. Hartford's median monthly rent is $833, which works out to $428 (51%) higher than Montrose.
Colton
Colton is roughly 12 miles northeast from Montrose. The housing prices there are a bit more expensive. The median home in Colton is valued at $121,100, which is $22,300 (18%) higher than Montrose. Its rents are significantly more expensive. Colton's median monthly rent is $754, which works out to $349 (46%) higher than Montrose.
