Basecamp
41 N 6th St,
Montrose, CO 81401
1-2 Beds | $1,585 - $1,955
Rental Market Trends in Montrose, CO
What is the average rent in Montrose, CO?
$1,467/month
Average Rent
542 Sq Ft
Average Apartment Size
-0.4%
Decrease in the Last Year
As of December 2024, the average rent in Montrose, CO is $1,467 per month. For comparison, the national average rent price in the US is currently $1,560/month, which means Montrose rent prices are 6% lower than the national average. When you rent an apartment in Montrose, you can expect to pay about $1,237 per month for a studio, $1,467 for a one-bedroom apartment, and around $1,780 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,412 or more.
Floor Plan Type
Average Rent
Average 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 decreased by 0.4%, which averages out to $5 less per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2024
Legend
2023
2024
Rent Ranges in Montrose, CO
Last Updated December 2024
$700 - $1,000
Most rental prices fall within this range
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
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Montrose?
Based on current rent prices, Colorado Southwest Area is the most affordable neighborhood in Montrose.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Montrose?
Based on current rent prices, Colorado Southwest Area is the most expensive neighborhood in Montrose.
Neighborhood
Average Rent
Average Sq Ft
Which Montrose neighborhoods have the most rentals available?
The neighborhood in Montrose with the most apartments available is Colorado Southwest Area .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Montrose, CO?
Because the average rent in Montrose is $1,467, you’ll want to make about $4,890 per month or $58,680 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.
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.
Studio
$1,040/month
$1,040/month
One Bedroom
$1,412/month
$1,412/month
Two Bedroom
$1,610/month
$1,610/month
Three Bedroom
$2,146/month
$2,146/month
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Methodology
† 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.
* Percentages may not total 100 due to rounding.