Home prices
Montrose's median home price is $116,000. In comparison to the surrounding areas it is approximately $46,600 (28%) lower.In comparison to the rest of the nation it is about $101,500 (46%) lower, and is approximately $114,500 (49%) lower compared to the city of Richmond.
Rents
In Montrose the median rent is $1,024 a month. Compared to the surrounding areas it is about $21 (2%) lower.In comparison to the nation as a whole it is roughly $38 (3%) lower, and is is very similar in comparison to the city of Richmond.
Nearby places
Sandston
Sandston is Montrose's neighbor to the east. Its housing prices are a bit more expensive. The value of the median home in Sandston is $136,400, which works out to $20,400 (14%) higher than Montrose. Its rents are pretty similar. In Sandston the median monthly rent is $1,023, which is very similar to Montrose.
Highland Springs
Highland Springs is about 3 miles northeast of Montrose. Its real estate prices are a bit more expensive. Highland Springs's median home price is $145,800, which comes out to $29,800 (20%) higher than Montrose. Its rents are pretty similar. The median monthly rent in Highland Springs is $1,063, which works out to $39 (3%) higher than Montrose.
East Highland Park
East Highland Park is about 4 miles north of Montrose. Housing prices there are a little more expensive. The median home in East Highland Park is valued at $150,700, which comes out to $34,700 (23%) higher than Montrose. Rents there are fairly similar. In East Highland Park the median rent is $1,053 per month, which works out to $29 (2%) higher than Montrose.
Bensley
Bensley is approximately 5 miles southwest from Montrose. The housing prices there are a bit more expensive. The median home in Bensley is valued at $138,700, which is $22,700 (16%) higher than Montrose. Rents there are a bit less expensive. Bensley's median rent is $886 per month, which is $138 (15%) lower than Montrose.
Mechanicsville
Mechanicsville is roughly 7 miles north from Montrose. The real estate prices there are significantly more expensive. The median home value in Mechanicsville is $241,400, which comes out to $125,400 (51%) higher than Montrose. Rent there is a bit more expensive. In Mechanicsville the median monthly rent is $1,202, which works out to $178 (14%) higher than Montrose.
