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Montrose County Housing Market

Colorado · 64 counties · Ranked #2822 in home value

Above National Avg

Housing at a Glance

Median Home Value

$357,900

vs national+$357,900 vs $281,900 national

Median Gross Rent

$1,120/mo

vs national$1,120 vs $1,163 national

Effective Tax Rate

0.36%

vs national0.36% vs 1.02% national

Median Household Income

$66,072

vs national$66,072 vs $74,755 national

Affordability Ratio

5.4x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

29.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$1,280

Tax as % of Home Value

0.36%

Monthly Owner Cost

$881

Renter Income

$46,108

Frequently Asked Questions

What is the median home value in Montrose County?
The median home value in Montrose County is $357,900. This is above the national median of $281,900.
How much is rent in Montrose County?
The median gross rent in Montrose County is $1,120 per month.
What is the property tax rate in Montrose County?
The effective property tax rate in Montrose County is 0.36%. The median annual property tax bill is $1,280.
Is Montrose County affordable?
With a home-value-to-income ratio of 5.4x, Montrose County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.