Montrose, SD
Full City Profile · South Dakota · McCook County County
4.2
/5.0
A
Great
514
Population
1,224/sq mi density
$86,000
Median Income
$40,064 per capita
$216,700
Home Value
$382,977 Zillow
$498
Median Rent
16.4% income on rent
44°F
Avg Temperature
A
Overall
4.2 / 5.0
Strong
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
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)
$382,977
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
72.3%
Owner-Occupied
27.7%
Renter-Occupied
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) | $382,977 |
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-Occupied | 72.3% |
| Renter-Occupied | 27.7% |
| Homeownership Rate | 72.3% |
| Total Housing Units | 218 |
| Median Year Built | 1991 |
| Rent Burden | 16.4% |