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Rental Market Trends in Montrose, CO

Updated July 2026

The average rent in Montrose, CO is $1,534/month.

Rent in Montrose is roughly equal to the national average rent of of $1,663/month.

$1,534/month

Average Rent

682 Sq Ft

Average Size

+5.8%

Change / Year

9

Available Apartments

Montrose rent varies by unit size and layout:

  • Studio apartments in Montrose average $1,269 per month.
  • One-bedroom apartments in Montrose average $1,534 per month.
  • Two-bedroom apartments in Montrose average $1,655 per month.
  • Three-bedroom apartments in Montrose average or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,269/month
580 Sq Ft
One Bedroom
$1,534/month
682 Sq Ft
Two Bedroom
$1,655/month
759 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Three Bedroom
$2,050/month
1,173 Sq Ft
View Montrose Apartments

How much has average rent changed in Montrose, CO?

In the past year, rent has increased by 5.8%, which averages out to $89 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Montrose, CO

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 $1,534, you’ll want to make about $5,113 per month or $61,356 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

9 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.

View the Montrose Area Guide

Apartment Averages

Apartment Communities in Montrose We Think You'll Love

11524 Lakeview Dr

11524 Lakeview Dr

11524 Lakeview Dr,
Montrose, CO 81403

3 Beds | $1,300

632 E Star Ct

632 E Star Ct

632 E Star Ct,
Montrose, CO 81401

2 Beds | $2,100

642 E Star Ct

642 E Star Ct

642 E Star Ct,
Montrose, CO 81401

2 Beds | $2,100

132 N 6th St

132 N 6th St

132 N 6th St,
Montrose, CO 81401

2 Beds | $1,250

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Frequently Asked Questions

What is the average rent in Montrose?

The average rent in Montrose is $1,534 per month, which is 7.8% lower than the national average of $1,663.

What is the average rent for a house in Montrose?

The average rent for a house in Montrose, CO is $2,050 per month.

Are rents going up or down in Montrose?

Rents in Montrose, CO are increasing, with prices up 5.8% year-over-year and $89 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