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Montrose, VA

Full City Profile · Virginia · Richmond city County

2.8 /5.0
C+ Fair
8,624 Population 2,678/sq mi density
$45,063 Median Income $26,273 per capita
$170,000 Home Value $251,339 Zillow
$1,260 Median Rent 33.3% income on rent
59°F Avg Temperature 305 sunny days/yr
579 Violent Crime/100K 3,870 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$45,063 median income, 2.6% unemployment
A+
Affordability
4.6 / 5.0
$170,000 home value, $1,260/mo rent
F
Safety
1.0 / 5.0
579 violent crimes/100K (52% above avg)
C
Education
2.5 / 5.0
18.6% bachelor's degree or higher

Housing Overview

Median Home Value
$170,000
40% below
US avg: $281,900
Median Rent
$1,260/mo
8% above
US avg: $1,163/mo
Homeownership Rate
38.8%
41% below US avg (65.4%)
Total Housing Units
3,797
Median year built: 1976

Home Value by Source

Census Median
$170,000
Zillow (ZHVI)
$251,339
Median Sale Price
$249,800
Median List Price
$282,500
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

38.8%
Owner-Occupied
61.2%
Renter-Occupied
39%
61%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,137/mo
1 Bedroom
$1,181/mo
2 Bedroom
$1,369/mo
3 Bedroom
$1,787/mo
4 Bedroom
$2,126/mo
Census median rent: $1,260/mo · Zillow rent: $1,627/mo

Market Indicators (Redfin)

Median Days on Market
12 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
5
Price Drops
33.3%
of listings with price reduction
Price Per Sq Ft
$202
Active Inventory
9
homes for sale

Affordability & Housing Stock

Rent Burden
33.3%
of renters spending 30%+ of income on housing
7% above US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
38.8%

Complete Housing Data

Home Values

Census Median Value$170,000
Zillow Home Value (ZHVI)$251,339
Median Sale Price$249,800
Median List Price$282,500
Price Per Sq Ft$202

Rent

Census Median Rent$1,260
Zillow Rent (ZORI)$1,627
FMR Studio$1,137
FMR 1-Bedroom$1,181
FMR 2-Bedroom$1,369
FMR 3-Bedroom$1,787
FMR 4-Bedroom$2,126

Market

Days on Market12
Sale-to-List Ratio1.0%
Price Drops33.3%
Homes Sold5
Active Inventory9
Price Per Sq Ft$202

Ownership & Stock

Owner-Occupied38.8%
Renter-Occupied61.2%
Homeownership Rate38.8%
Total Housing Units3,797
Median Year Built1976
Rent Burden33.3%