Montrose, IA Real Estate
According to census data in the year 2000 there were 406 housing units in Montrose.
This represents a 12.2% growth from 362 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 406 were located in what is classified as a rural area.
Homeownership rate in Montrose is about 78.3%.
Montrose's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.52 people.
The majority of houses, apartments or condos in Montrose were built after 1965.
|Housing Units by Size|
|Five Bedrooms or more||1.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.63|
|Median year structure was built||1964|
|Median Value of occupied units||$59,600|
|Median Price asked for vacant units||$106,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.12|
|Median year structure was built||1970|
|Median Monthly Rent asked for vacant units||$375|
Owners Finance Status
|Second Mortgage & Equity Loan||0.80%|
|Home Equity Loan||6.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15%|