Montrose, CO · Market Data

Montrose, Colorado real estate market data.

Real estate market data for Montrose, CO (Montrose County) — Census median home value $359,000, county listing prices up about 4.9% over the past year.

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Montrose, CO is in Montrose County, Colorado — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 20,703, with a median household income of $63,177. Census data puts Montrose's median home value at $359,000.

At a glance

Montrose market snapshot

Population

20,703

Median Household Income

$63,177

Median Home Value (city)

$359,000

Median Gross Rent

$1,117/mo

Price Trend (YoY)

+4.9%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Montrose

What makes Montrose different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Montrose's median home value — across all owner-occupied homes, not just recent sales — at $359,000.

County Price Trend

Montrose County's FHFA house price index shows a 4.92% annual change in 2025.

Population & Income

Montrose has an estimated population of 20,703 and a median household income of $63,177, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Montrose's Census-reported median home value works out to about 5.7x the area's median household income, and median gross rent runs roughly 21% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Montrose FAQ

What are home values like in Montrose, CO?

The Census Bureau's American Community Survey puts Montrose's median home value at $359,000.

What is the population of Montrose, CO?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Montrose's population at approximately 20,703.

What's the median rent in Montrose, CO?

The Census ACS estimates median gross rent in Montrose at approximately $1,117 per month.

What is the median household income in Montrose, CO?

Census ACS data puts the median household income in Montrose at approximately $63,177.

Is the Montrose housing market growing?

Montrose County's FHFA house price index shows a 4.92% annual change in 2025.

Is Montrose, CO affordable relative to income?

Census ACS data puts Montrose's median home value at about 5.7 times the median household income, with median gross rent equal to roughly 21% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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