Montrose, MI Real Estate
According to census data in the year 2000 there were 668 housing units in Montrose.
This represents a 4.6% decline from 700 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 668 were located in what is classified as a rural area.
Homeownership rate in Montrose is about 70.7%.
Montrose's vacancy rate, including seasonal lodging, is about 6.4%.
Average household size is 2.56 people.
The majority of houses, apartments or condos in Montrose were built after 1957.
|Housing Units by Size|
|Five Bedrooms or more||1%|
Owned Homes, Apartments and Condos
|Average Household Size||2.88|
|Median year structure was built||1957|
|Median Value of occupied units||$80,300|
|Median Price asked for vacant units||$85,000|
Rented Homes, Apartments and Condos
|Average Household Size||1.8|
|Median year structure was built||1959|
|Median Monthly Rent asked for vacant units||$395|
Owners Finance Status
|Second Mortgage & Equity Loan||0.50%|
|Home Equity Loan||4.80%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||16.1%|