Montrose, CO housing market
Typical home value
$467K
▲ 2.0% 1 yr
Typical rent
$1,903/mo
▲ 6.1% 1 yr
Gross rent yield
4.9%
U.S. 6.3%
5-year home value change
+24%
U.S. +20%
Key takeaways
- 1The typical home in Montrose is worth $466,953, up 2.0% over the past year and up 24% over five years.
- 2Typical rent is $1,903 a month (+6.1% YoY), a gross rent yield of 4.9% (above the Montrose, CO metro's 4.7%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $2,566/mo, $663 more than typical rent.
- 4Zillow forecasts the Montrose, CO metro's home values to change +2.7% over the next 12 months.
Market temperature (Montrose, CO metro)
Buyer's market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 33/100, #403 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Montrose compares
| Measure | Montrose | Montrose, CO metro | United States |
|---|---|---|---|
| Typical home value | $466,953 | $492,731 | $366,157 |
| Home value, 1-yr change | +2.0% | +2.3% | +1.2% |
| Typical rent | $1,903 | $1,934 | $1,932 |
| Rent, 1-yr change | +6.1% | +3.8% | +2.7% |
| Gross rent yield | 4.9% | 4.7% | 6.3% |
| Price-to-rent ratio | 20.4 | 21.2 | 15.8 |
| Mortgage P&I, typical home | $2,566 | $2,708 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Montrose rental, pre-filled.
Rent vs buy in Montrose
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $467K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.