salaryRent here is among the lowest 10% of all U.S. cities. A typical house costs about 3.6 years of household income. Commutes are short, about 19.2 minutes. Most households rent (62%), so there are plenty of rental options.
How much money do I need?
To rent here comfortably, you should earn about $4,160 a year. That is $2 an hour at a full-time job.
Is rent cheaper than other Virginia cities?
Yes. Rent here is cheaper than in most of Virginia. It is number 1 of 199 cities from cheapest to most expensive.
How much do households earn in Montrose?
Share of households by yearly income. 11.5% of households earn $100,000 or more.
Rent by apartment size in Montrose
| Size | Montrose | U.S. average |
|---|---|---|
| 1 bedroom | $1,131 | $1,324 |
| 2 bedrooms | $1,318 | $1,509 |
| 3 bedrooms | $1,690 | $1,698 |
| 4 bedrooms | $1,747 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Montrose overall?
Everyday prices in Virginia overall are 1% above the U.S. average (index 101.1, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Montrose, so the Virginia figure is shown.
Taxes and bills in Montrose
Life in Montrose
Is it cheaper to rent or buy in Montrose?
Renting is cheaper right now: about $1,243 a month less.
Owning assumes a typical $194,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $19,410 for the down payment.
Frequently asked questions
What is the average rent in Montrose, VA?
Renting in Montrose costs a median of about $104 a month in 2026, including utilities. The Virginia median is $2,049.
How much do I need to make to live in Montrose?
To keep rent under 30% of income, you need about $4,160 a year, or $2 an hour at a full-time job.
Is Montrose cheap or expensive?
Montrose is rated Cheap: rent takes 2.3% of the typical household income of $53,440. It ranks 1st cheapest of 199 Virginia cities we track.
How much are property taxes in Montrose?
The median homeowner in Montrose pays $1,357 a year in property taxes, about 0.70% of the median home value.
Is Montrose more expensive than the national average?
Overall prices in Virginia are 1% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Montrose?
The median home value in Montrose is $194,100, about 3.6 times the typical yearly household income.
8,285 people live in Montrose. Numbers are typical (middle) values.