All Countries
Montrose, MN
Full City Profile · Minnesota · Wright County County
3.5
/5.0
B+
Good
3,840
Population
1,247/sq mi density
$98,832
Median Income
$37,074 per capita
$260,100
Home Value
$317,962 Zillow
$1,313
Median Rent
23.2% income on rent
45°F
Avg Temperature
258 sunny days/yr
69
Violent Crime/100K
1,923 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$98,832 median income, 2.6% unemployment
A+
Affordability
5.0 / 5.0
$260,100 home value, $1,313/mo rent
F
Safety
1.0 / 5.0
69 violent crimes/100K
B
Education
3.2 / 5.0
27.5% bachelor's degree or higher
Housing Overview
Median Home Value
$260,100
8% below
US avg: $281,900
Median Rent
$1,313/mo
13% above
US avg: $1,163/mo
Homeownership Rate
77.3%
18% above US avg (65.4%)
Total Housing Units
1,522
Median year built: 2002
Home Value by Source
Census Median
$260,100
Zillow (ZHVI)
$317,962
Median Sale Price
$275,000
Median List Price
$304,450
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.3%
Owner-Occupied
22.7%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,313/mo
Market Indicators (Redfin)
Median Days on Market
95 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
9.5%
of listings with price reduction
Price Per Sq Ft
$174
Active Inventory
21
homes for sale
Affordability & Housing Stock
Rent Burden
23.2%
of renters spending 30%+ of income on housing
25% below US avg (31.0%)
Median Year Built
2002
Average age of housing stock: 24 years
Homeownership Rate
77.3%
Complete Housing Data
Home Values
| Census Median Value | $260,100 |
| Zillow Home Value (ZHVI) | $317,962 |
| Median Sale Price | $275,000 |
| Median List Price | $304,450 |
| Price Per Sq Ft | $174 |
Rent
| Census Median Rent | $1,313 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 95 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 9.5% |
| Homes Sold | 7 |
| Active Inventory | 21 |
| Price Per Sq Ft | $174 |
Ownership & Stock
| Owner-Occupied | 77.3% |
| Renter-Occupied | 22.7% |
| Homeownership Rate | 77.3% |
| Total Housing Units | 1,522 |
| Median Year Built | 2002 |
| Rent Burden | 23.2% |