What percentage of people rent in Montrose, VA?

62.3% (±7.2 points) of the occupied homes in Montrose, VA are rented (2020–2024 American Community Survey).

That is 2,287 renting households against 1,383 that own their home.

In Montrose, the share of households that rent went from 61.4% in 2015–2019 to 62.3% in 2020–2024 (+0.9 percentage points), not a measurable change.

Figures last updated on .

Households that rent
62.3% (±7.2 points)
Renting households
2,287 (±346)
Median renter income
$41,414 (±$18,106)

Who rents and who owns in Montrose

Tenure, estimate (90% margin of error)
MontroseHenrico CountyVirginiaUnited States
Renter-occupied share62.3% (±7.2 points)35.5% (±1.0 points)32.7% (±0.3 points)34.8%
Renting households2,287 (±346)48,794 (±1,353)1,099,123 (±8,702)45,017,354
Owning households1,383 (±270)88,571 (±1,494)2,266,609 (±13,049)84,210,142
Average renter household size2.2 (±0.4)2.3 (±0.1)2.3 (±0.0)2.3
Average owner household size2.3 (±0.3)2.5 (±0.0)2.6 (±0.0)2.6
Median renter household income$41,414 (±$18,106)$59,572 (±$2,348)$60,343 (±$529)$52,966
Median owner household income$61,089 (±$12,797)$113,016 (±$3,912)$114,147 (±$479)$100,009

In Montrose, the renter share is higher than in Henrico County (35.5%).

It is also higher than in Virginia (32.7%).

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

In Henrico County, Montrose ranks 2 of 13 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 28 of 464.

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
2015–20192020–2024Amount of changeVerdict
Households that rent61.4% (±6.2 points)62.3% (±7.2 points)+0.9 percentage pointsNot a measurable change
Median gross rent$1,024 (±$63)$1,297 (±$74)+26.7%No measurable change after inflation
Median household income$36,379 (±$7,508)$49,550 (±$12,922)+36.2%No measurable change 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
PlaceDistanceHouseholds that rentCompared with this place
Montrose—62.3% (±7.2 points)—
Highland Springs3.3 mi38.7% (±5.6 points)Lower
Sandston3.4 mi45.2% (±6.7 points)Lower
East Highland Park3.9 mi33.4% (±5.5 points)Lower
Richmond5.6 mi56.5% (±1.0 points)Not measurably different
Bensley6.4 mi61.3% (±5.7 points)Not measurably different
Mechanicsville7.6 mi24.5% (±2.2 points)Lower
Chamberlayne7.9 mi4.7% (±3.5 points)Lower
Meadowbrook8.3 mi24.6% (±3.5 points)Lower

Nearby places with a measurably lower figure: Highland Springs, VA (38.7%), Sandston, VA (45.2%), East Highland Park, VA (33.4%).

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

Households that rent across Henrico County, place by place

RankPlaceHouseholds that rent
1Dumbarton69.7% (±6.2 points)
2Montrose62.3% (±7.2 points)
3Laurel48.2% (±4.5 points)
4Sandston45.2% (±6.7 points)
5Short Pump42.1% (±3.1 points)
6Highland Springs38.7% (±5.6 points)
7Tuckahoe36.2% (±2.5 points)
8Innsbrook36.0% (±5.8 points)

Showing 8 of 13 places in Henrico County, ranked from highest to lowest.

Montrose is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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

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Questions about Montrose

How many renters are there in Montrose?

Montrose has an estimated 2,287 (±346) renting households, 62.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Montrose?

In Montrose, the share of households that rent went from 61.4% in 2015–2019 to 62.3% in 2020–2024 (+0.9 percentage points), not a measurable change.

How big are renting households in Montrose?

A renting household in Montrose has 2.2 people on average, against 2.3 in an owned home.

How much do renters earn in Montrose?

The median renting household in Montrose, VA has an income of $41,414 (±$18,106) a year, against $61,089 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 CDP, Virginia (place:52904, in state:51).

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.

Figures last updated on .

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