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.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.80% |
| One Bedroom | 12.40% |
| Two Bedrooms | 33.50% |
| Three Bedrooms | 37.80% |
| Four Bedrooms | 12.50% |
| Five Bedrooms or more | 2% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1978 |
| Median Value of occupied units | $116,600 |
| Median Price asked for vacant units | $150,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.05 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $379 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.20% |
| Second Mortgage | 9.40% |
| Home Equity Loan | 6% |
| Simple Mortgage | 50.60% |
| Debt Free | 33.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 19.4% |
