Montrose renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in the purple and dark green areas.
Rental Price Key
Luxury
High-end
Mid-tier
Most affordable
On average, the cost of rent in Montrose is about $1,678 per month. This puts it in the 85th percentile compared to the city average cost of rent, which is $1,523. Households in Montrose have a median income of $7,939 per month so the average renter in Montrose is spending roughly 21% of their earnings on housing.
Nationally, and in Montrose, home values are the data point most closely correlated with the cost of rent. The median price of a home in Montrose is $693,839 right now, which is higher than neighborhoods nearby, meaning that rents in Montrose also tend to be higher versus these nearby neighborhoods.
Higher rent prices are common in the northern parts of Montrose while lower rent rates are often available in southeastern areas.
Nearby Neighborhoods
- Midtown, Houston, TX: less expensive rent prices
- Rice Military, Houston, TX: more expensive rent prices
- Downtown Houston, Houston, TX: more expensive rent prices
- Rice, Houston, TX: more expensive rent prices
- River Oaks, Houston, TX: more expensive rent prices
- West University, Houston, TX: more expensive rent prices
- Medical, Houston, TX: less expensive rent prices
- Greater Heights, Houston, TX: less expensive rent prices
- Greater Fifth Ward, Houston, TX: less expensive rent prices
- East End, Houston, TX: less expensive rent prices
Neighborhoods with Similar Populations
- Haddington-Carroll Park, Philadelphia, PA: less expensive rent prices
- Greater Memorial, Houston, TX: more expensive rent prices
- Parkway Village-Oakhaven, Memphis, TN: less expensive rent prices
- Loop, Chicago, IL: more expensive rent prices
- Montecito Heights, Los Angeles, CA: less expensive rent prices
- Avondale, Chicago, IL: less expensive rent prices
- Beacon Hill, Seattle, WA: less expensive rent prices
- University, Columbus, OH: less expensive rent prices
- Little Haiti, Miami, FL: less expensive rent prices
- Little Woods, New Orleans, LA: less expensive rent prices
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