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Montrose, CO

Full City Profile · Colorado · Ouray County County

3.0 /5.0
B Good
20,703 Population 1,096/sq mi density
$63,177 Median Income $37,439 per capita
$359,000 Home Value $460,408 Zillow
$1,117 Median Rent 30.4% income on rent
52°F Avg Temperature 330 sunny days/yr
204 Violent Crime/100K 3,522 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$63,177 median income, 2.5% unemployment
B
Affordability
3.5 / 5.0
$359,000 home value, $1,117/mo rent
F
Safety
1.0 / 5.0
204 violent crimes/100K
B+
Education
3.7 / 5.0
33.6% bachelor's degree or higher

Housing Overview

Median Home Value
$359,000
27% above
US avg: $281,900
Median Rent
$1,117/mo
4% below
US avg: $1,163/mo
Homeownership Rate
69.8%
7% above US avg (65.4%)
Total Housing Units
9,413
Median year built: 1992

Home Value by Source

Census Median
$359,000
Zillow (ZHVI)
$460,408
Median Sale Price
$430,000
Median List Price
$440,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.8%
Owner-Occupied
30.2%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$884/mo
1 Bedroom
$890/mo
2 Bedroom
$1,168/mo
3 Bedroom
$1,624/mo
4 Bedroom
$1,959/mo
Census median rent: $1,117/mo · Zillow rent: $1,862/mo

Market Indicators (Redfin)

Median Days on Market
66 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
21
Price Drops
20.5%
of listings with price reduction
Price Per Sq Ft
$284
Active Inventory
117
homes for sale

Affordability & Housing Stock

Rent Burden
30.4%
of renters spending 30%+ of income on housing
2% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
69.8%

Complete Housing Data

Home Values

Census Median Value$359,000
Zillow Home Value (ZHVI)$460,408
Median Sale Price$430,000
Median List Price$440,000
Price Per Sq Ft$284

Rent

Census Median Rent$1,117
Zillow Rent (ZORI)$1,862
FMR Studio$884
FMR 1-Bedroom$890
FMR 2-Bedroom$1,168
FMR 3-Bedroom$1,624
FMR 4-Bedroom$1,959

Market

Days on Market66
Sale-to-List Ratio1.0%
Price Drops20.5%
Homes Sold21
Active Inventory117
Price Per Sq Ft$284

Ownership & Stock

Owner-Occupied69.8%
Renter-Occupied30.2%
Homeownership Rate69.8%
Total Housing Units9,413
Median Year Built1992
Rent Burden30.4%