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Montrose, SD

Full City Profile · South Dakota · McCook County County

3.4 /5.0
B Good
514 Population 1,224/sq mi density
$86,000 Median Income $40,064 per capita
$216,700 Home Value $371,821 Zillow
$498 Median Rent 16.4% income on rent
44°F Avg Temperature 291 sunny days/yr
142 Violent Crime/100K 1,332 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$86,000 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$216,700 home value, $498/mo rent
F
Safety
1.0 / 5.0
142 violent crimes/100K
B
Education
3.0 / 5.0
25.4% bachelor's degree or higher

Housing Overview

Median Home Value
$216,700
23% below
US avg: $281,900
Median Rent
$498/mo
57% below
US avg: $1,163/mo
Homeownership Rate
72.3%
11% above US avg (65.4%)
Total Housing Units
218
Median year built: 1991

Home Value by Source

Census Median
$216,700
Zillow (ZHVI)
$371,821
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.3%
Owner-Occupied
27.7%
Renter-Occupied
72%
28%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$691/mo
1 Bedroom
$784/mo
2 Bedroom
$990/mo
3 Bedroom
$1,295/mo
4 Bedroom
$1,540/mo
Census median rent: $498/mo

Affordability & Housing Stock

Rent Burden
16.4%
of renters spending 30%+ of income on housing
47% below US avg (31.0%)
Median Year Built
1991
Average age of housing stock: 35 years
Homeownership Rate
72.3%

Complete Housing Data

Home Values

Census Median Value$216,700
Zillow Home Value (ZHVI)$371,821

Rent

Census Median Rent$498
FMR Studio$691
FMR 1-Bedroom$784
FMR 2-Bedroom$990
FMR 3-Bedroom$1,295
FMR 4-Bedroom$1,540

Market

Ownership & Stock

Owner-Occupied72.3%
Renter-Occupied27.7%
Homeownership Rate72.3%
Total Housing Units218
Median Year Built1991
Rent Burden16.4%