Montrose, CO Real Estate

According to census data in the year 2000 there were 5,557 housing units in Montrose. This represents a 41.9% growth from 3,915 in 1990.

Of those housing units, 5,443 were located in either urbanized areas or urban clusters, and 114 were located in what is classified as a rural area.

Homeownership rate in Montrose is about 65%. Montrose's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.3 people.

The majority of houses, apartments or condos in Montrose were built after 1975.


Housing Size

Housing Units by Size
Studio Type1.80%
One Bedroom12.40%
Two Bedrooms33.50%
Three Bedrooms37.80%
Four Bedrooms12.50%
Five Bedrooms or more2%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.43
Median year structure was built1978
Median Value of occupied units$116,600
Median Price asked for vacant units$150,300

Rented Homes, Apartments and Condos

Average Household Size2.05
Median year structure was built1972
Median Monthly Rent asked for vacant units$379

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.20%
Second Mortgage9.40%
Home Equity Loan6%
Simple Mortgage50.60%
Debt Free33.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.4%