Housing & Real Estate — Montrose, Minnesota

Overview

Total Housing Units1,503
Occupied1,419
Vacant84
Owner-Occupied1,097
Renter-Occupied322
Median Home Value (Census)$275,700
Estimated 2026~$316,000
Median Rent$1,313/mo
Median Property Tax$3,152/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income15.4%
Severely Rent-Burdened9.6%

Housing Age

Built 2010 or later252
Built 2000-2009613
Built 1990-1999129
Built before 196068
Median Year Built2002
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.