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 Size

Housing Units by Size
Studio Type1.30%
One Bedroom12.30%
Two Bedrooms28.30%
Three Bedrooms47.50%
Four Bedrooms9.60%
Five Bedrooms or more1%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.88
Median year structure was built1957
Median Value of occupied units$80,300
Median Price asked for vacant units$85,000

Rented Homes, Apartments and Condos

Average Household Size1.8
Median year structure was built1959
Median Monthly Rent asked for vacant units$395

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage4.60%
Home Equity Loan4.80%
Simple Mortgage59.70%
Debt Free30.40%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.1%