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2024 Compare Cities Housing:
Montrose, CO vs Rio Rancho, NM

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Highlights
- The median age of a home in Montrose is 17.2% older than the median age of a home in Rio Rancho.

Housing
 Montrose, CORio Rancho, NMUnited States
 Median Home Age292442
 Median Home Cost$421,400$310,800$338,100
 Home Appr. Last 12 months17.7%17.1%16.6%
 Home Appr. Last 5 yrs.72.3%57.7%57.0%
 Home Appr. Last 10 yrs.104.1%77.7%101.1%
 Property Tax Rate$4.2$8.9$11.0
 Homes Owned63.8%75.5%57.4%
 Housing Vacant10.0%4.1%11.2%
 Homes Rented26.2%20.4%31.4%
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 Avg Rent For Home Or Apartment
 Montrose, CORio Rancho, NMUnited States
 Average Rent$1,490$1,990$1,840
 Studio Apartment$810$950$1,080
 1 Bedroom Home or Apartment$810$1,170$1,180
 2 Bedroom Home or Apartment$1,070$1,420$1,430
 3 Bedroom Home or Apartment$1,510$2,020$1,860
 4 Bedroom Home or Apartment$1,820$2,420$2,160
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 Vacant Housing
 Montrose, CORio Rancho, NMUnited States
 Vacant For Rent3.5%1.6%1.9%
 Vacant Rented0.0%0.2%0.4%
 Vacant For Sale0.6%1.0%0.7%
 Vacant Sold1.8%0.1%0.4%
 Vacant Vacation2.1%0.6%3.6%
 Vacant Other2.0%0.4%4.1%
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 Owner-Occupied Housing Value
 Montrose, CORio Rancho, NMUnited States
 Less Than $20,0004.3%1.1%2.6%
 $20,000 to $39,9991.8%0.4%2.4%
 $40,000 to $59,9991.4%0.3%2.8%
 $60,000 to $79,9992.9%0.8%3.9%
 $80,000 to $99,9991.2%1.5%4.5%
 $100,000 to $149,9996.0%14.2%11.3%
 $150,000 to $199,99913.9%26.5%13.0%
 $200,000 to $299,99932.7%35.3%20.1%
 $300,000 to $399,99918.9%12.0%13.6%
 $400,000 to $499,9996.9%4.6%8.3%
 $500,000 to $749,9998.6%2.5%9.7%
 $750,000 to $999,9990.4%0.5%3.9%
 $1,000,000 to $1,499,9990.1%0.1%2.2%
 $1,500,000 to $1,999,9990.0%0.0%0.8%
 $2,000,000 and over0.9%0.3%1.1%
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 Housing Units By Year Built
 Montrose, CORio Rancho, NMUnited States
 2015 and Newer0.6%0.3%0.2%
 2010 to 201426.0%31.3%13.6%
 2000 to 200926.0%31.3%13.6%
 1990 to 199921.7%23.8%13.6%
 1980 to 198910.9%20.1%13.2%
 1970 to 197914.2%9.7%14.8%
 1960 to 196921.7%23.8%13.6%
 1950 to 19596.4%1.0%10.0%
 1940 to 19491.0%0.2%4.7%
 1939 or Earlier6.7%0.1%12.2%

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Reviews for Montrose    23 Reviews

I've lived in the area for 4 yrs. First 2 in Ridgway. The positive is the City is growing which is bringing interesting development & tax revenue. The Montrose  More

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I was born in Montrose about 50 years ago and despite moving to Telluride, Denver, Ann Arbor, San Francisco and Chicago, I can’t find another place that makes me feel  More

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Okay so here’s the end all be all. If I could give this town a zero I would I came to visit my girlfriend from Denver and I considered moving out here despite being a  More

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Reviews for Rio Rancho    21 Reviews

I have lived in the area for the past three years with my husband. Although vastly better than Albuquerque, this is not a safe area. We have had overt and petty crime on  More

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The pros: -Fairly good year-round weather. Sunny days outnumber cloudy days, there are days when the temps fall below freezing and the sun will still be shining. It's  More

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Over 4 years ago

Affordable housing, low crime (compared to Albuquerque), awesome weather with all 4 seasons, beautiful environment and some pretty awesome people. I love Rio Rancho,  More

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ZIPS IN MONTROSE, COLORADO
81401 81403
ZIPS IN RIO RANCHO, NEW MEXICO
87124 87144

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