What percentage of people rent in Montrose, CO?

Name: Renters and owners in Montrose, CO, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

29.3% (±3.3 points) of the occupied homes in Montrose, CO are rented (2020–2024 American Community Survey).

That is 2,651 renting households against 6,399 that own their home.

In Montrose, the share of households that rent went from 34.9% in 2015–2019 to 29.3% in 2020–2024 (−5.6 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 29.3% (±3.3 points)
Renting households: 2,651 (±332)
Median renter income: $44,764 (±$7,122)

Who rents and who owns in Montrose

Tenure, estimate (90% margin of error)
	Montrose	Montrose County	Colorado	United States
Renter-occupied share	29.3% (±3.3 points)	24.6% (±2.3 points)	33.8% (±0.3 points)	34.8%
Renting households	2,651 (±332)	4,446 (±438)	802,483 (±6,593)	45,017,354
Owning households	6,399 (±377)	13,623 (±474)	1,571,735 (±8,198)	84,210,142
Average renter household size	2.1 (±0.2)	2.3 (±0.2)	2.2 (±0.0)	2.3
Average owner household size	2.4 (±0.1)	2.4 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	$44,764 (±$7,122)	$46,997 (±$10,261)	$63,537 (±$555)	$52,966
Median owner household income	$80,681 (±$5,553)	$80,116 (±$5,362)	$117,732 (±$838)	$100,009

In Montrose, the renter share is higher than in Montrose County (24.6%).

It is also lower than in Colorado (33.8%).

It is lower than the national figure (34.8%).

In Montrose County, Montrose ranks 3 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 157 of 339.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Montrose has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	34.9% (±3.6 points)	29.3% (±3.3 points)	−5.6 percentage points	Measurable decrease
Median gross rent	$905 (±$76)	$1,197 (±$138)	+32.3%	No measurable change after inflation
Median household income	$46,250 (±$4,963)	$70,386 (±$5,938)	+52.2%	Up after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Households that rent in places near Montrose

Nearest places with a published estimate, compared with Montrose
Place	Distance	Households that rent	Compared with this place
Montrose	—	29.3% (±3.3 points)	—
Olathe	12 mi	36.3% (±15.0 points)	Not measurably different
Crawford	21 mi	29.3% (±15.3 points)	Not measurably different
Ridgway	22 mi	27.1% (±9.6 points)	Not measurably different
Delta	23 mi	34.0% (±5.8 points)	Not measurably different
Hotchkiss	24 mi	23.7% (±9.5 points)	Not measurably different
Orchard City	25 mi	18.4% (±8.2 points)	Lower
Cedaredge	30 mi	26.6% (±8.4 points)	Not measurably different
Paonia	31 mi	38.7% (±11.3 points)	Not measurably different

Nearby places with a measurably lower figure: Orchard City, CO (18.4%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Montrose County, place by place

Rank	Place	Households that rent
1	Olathe	36.3% (±15.0 points)
2	Nucla	34.8% (±16.7 points)
3	Montrose	29.3% (±3.3 points)
4	Naturita	12.0% (±9.7 points)

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Montrose

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Montrose, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Montrose beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Montrose, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Montrose

How many renters are there in Montrose?

Montrose has an estimated 2,651 (±332) renting households, 29.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Montrose?

In Montrose, the share of households that rent went from 34.9% in 2015–2019 to 29.3% in 2020–2024 (−5.6 percentage points), a measurable decrease.

How big are renting households in Montrose?

A renting household in Montrose has 2.1 people on average, against 2.4 in an owned home.

How much do renters earn in Montrose?

The median renting household in Montrose, CO has an income of $44,764 (±$7,122) a year, against $80,681 for households that own their home.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Montrose city, Colorado (place:51745, in state:08).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.