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Rental Market Trends in Montrose, CO

What is the average rent in Montrose, CO?

$1,343/month

Average Rent

542 Sq Ft

Average Apartment Size

+2.9%

Increase in the Last Year

As of December 2025, the average rent in Montrose, CO is $1,343 per month. This is 18% lower than the national average rent of $1,632/month, making renting in Montrose more affordable than most cities in the US. When you rent an apartment in Montrose, you can expect to pay about $1,255 per month for a studio, $1,343 for a one-bedroom apartment, and around $1,441 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $705 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,255/month
580 Sq Ft
One Bedroom
$1,343/month
542 Sq Ft
Two Bedroom
$1,441/month
608 Sq Ft
Three Bedroom
$705/month
0 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,942/month
1,384 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 2.9%, which averages out to $39 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Montrose, CO
Last Updated December 2025
$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 $1,343, you’ll want to make about $4,476 per month or $53,712 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

16 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

Rendezvous Apartments

Rendezvous Apartments

2366 Robins Way,
Montrose, CO 81401

$1,100

2 Beds

265 Crossroads Cir

265 Crossroads Cir

265 Crossroads Cir,
Montrose, CO 81401

$900

1 Bed

227 N Ute Ave

227 N Ute Ave

227 N Ute Ave,
Montrose, CO 81401

$1,252

1 Bed

1432 Owl Creek Ave

1432 Owl Creek Ave

1432 Owl Creek Ave,
Montrose, CO 81401

$2,550

5 Beds

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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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity