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Rental Market Trends in Montrose, CO

What is the average rent in Montrose, CO?

$1,541/month

Average Rent

682 Sq Ft

Average Apartment Size

+18.9%

Increase in the Last Year

Montrose, CO Rental Market Overview

The average rent in Montrose, CO is $1,541 per month. For comparison, the national average rent price in the US is currently $1,661/month, which means Montrose rent prices are 7% lower than the national average.

  • Studio apartments in Montrose average $1,269 per month.
  • One-bedroom apartments in Montrose average $1,541 per month.
  • Two-bedroom apartments in Montrose average $1,656 per month.
  • Three-bedroom apartments in Montrose average or more per month.

Data Updated: July 1, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,269/month
580 Sq Ft
One Bedroom
$1,541/month
682 Sq Ft
Two Bedroom
$1,656/month
759 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Montrose, CO?

In the past year, rent has increased by 18.9%, which averages out to $291 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Montrose, CO
Last Updated July 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Montrose, CO
Percentage*
Rent Range
0% Below $700/month
33% $700 - $1,000/month
33% $1,001 - $1,500/month
33% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Montrose, CO?

Because the average rent in Montrose is $1,541, you’ll want to make about $5,136 per month or $61,632 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Montrose, CO

4 Available Apartments for Rent

Search for Nearby Apartments

How does Montrose, CO compare to other nearby cities and neighborhoods?

Use the tool below to compare Montrose, CO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Montrose, CO

Apartment Averages

Apartment Communities in Montrose We Think You'll Love

1854 Natalia Way

1854 Natalia Way

1854 Natalia Way,
Montrose, CO 81401

3 Beds | $1,800

132 N 6th St

132 N 6th St

132 N 6th St,
Montrose, CO 81401

2 Beds | $1,250

3748 Scarlet Ct

3748 Scarlet Ct

3748 Scarlet Ct,
Montrose, CO 81401

3 Beds | $2,500

67710 Sunshine Rd

67710 Sunshine Rd

67710 Sunshine Rd,
Montrose, CO 81401

3 Beds | $1,500

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Frequently Asked Questions

What is the average rent in Montrose?

The average rent in Montrose is $1,541 per month, which is 7.2% lower than the national average of $1,661.

Are rents going up or down in Montrose?

Rents in Montrose, CO are increasing, with prices up 18.9% year-over-year and $291 more per month.

What rent range is most common in Montrose?

In Montrose, CO, 33% of apartments fall between $700 - $1,000/month, though prices may vary depending on location and other factors.

United States Colorado Montrose Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity