Montrose housing market
Typical home value
$493K
▲ 2.3% 1 yr
Typical rent
$1,934/mo
▲ 3.8% 1 yr
12-month forecast
+2.7%
#178 of 546 metros
Gross rent yield
4.7%
#443 of 546 · U.S. 6.3%
Days to pending
80 days
▲ +12 days 1 yr
Listings with a price cut
25%
▲ +3.5 pts 1 yr
Key takeaways
- 1The typical home is worth $492,731, up 2.3% in a year and up 24% over five years.
- 2Zillow forecasts home values rising 2.7% over the next 12 months (U.S.: +1.1%).
- 3Typical rent is $1,934/mo (+3.8% YoY), a 4.7% gross yield, below the U.S. 6.3%.
- 4At 7.32% with 20% down, the typical home costs $2,708/mo in principal and interest, $774 more than renting.
- 5Homes go under contract in 80 days (+12 days vs last year); 25% of listings have had a price cut.
Market temperature
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
How fast homes are selling
For saleNew listings
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Montrose compares
| Measure | Montrose | United States | Rank of 546 |
|---|---|---|---|
| Home value, 1-yr change | +2.3% | +1.2% | #271 |
| Home value, 5-yr change | +24.1% | +19.7% | |
| 12-month forecast | +2.7% | +1.1% | #178 |
| Rent, 1-yr change | +3.8% | +2.7% | #218 |
| Gross rent yield | 4.7% | 6.3% | #443 |
| Price-to-rent ratio | 21.2 | 15.8 | |
| Mortgage P&I on typical home | $2,708 | $2,012 | |
| Days to pending | 80 | 56 |
Cities in the Montrose metro
1 cities with home value and rent data.
| Montrose | $467K | ▲ 2.0% | $1,903 | ▲ 6.1% | 4.9% |
Run the numbers
Rental property calculator
Cash flow on a typical Montrose rental ($493K, $1,934/mo), pre-filled.
Mortgage calculator
Monthly payment on a typical Montrose home.
Rent vs buy
Is it cheaper to rent or buy in Montrose?
Other Colorado metros
Denver, CO
$555K home$1,900 rent4.1% yield
▼ 1.8% 1 yr
Colorado Springs, CO
$447K home$1,764 rent4.7% yield
▼ 1.4% 1 yr
Fort Collins, CO
$546K home$1,973 rent4.3% yield
▼ 0.3% 1 yr
Boulder, CO
$707K home$2,196 rent3.7% yield
▼ 0.4% 1 yr
Greeley, CO
$488K home$1,685 rent4.1% yield
▼ 2.0% 1 yr
Pueblo, CO
$282K home$1,320 rent5.6% yield
▼ 2.3% 1 yr
Grand Junction, CO
$429K home$1,730 rent4.8% yield
▲ 1.6% 1 yr
Glenwood Springs, CO
$979K home$3,111 rent3.8% yield
▲ 4.8% 1 yr
Gross yield = 12 × typical rent ÷ typical home value, before expenses. Mortgage estimate: 20% down, 30-year fixed at the current Freddie Mac average, principal and interest only. Forecast: Zillow Home Value Forecast. Data refreshed Oct 26, 2026.