Rent to Own Homes in Montrose, CO

Incorporated in 1882, the Colorado city of Montrose is home to a residential community of a little under 20,000 people. Within easy reach of the Black Canyon of the Gunnison National Park, this city is big on outdoor adventures. Hiking in summer and skiing in winter is the norm. Montrose residents benefit from a lifestyle that is considered extremely livable, a cost of living that's on par with the national average and plenty of amenities close at hand.

Montrose, CO is a great place for affordable rent-to-own homes! With a median household income of over $52,534 and a median rent of $936, the Montrose, CO rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Montrose, CO. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out 27 Montrose, CO rent to own homes for sale, which may include auction properties, for sale by owner, and more.

Showing 1 - 27 of 27
1 of 2 No Real Property
5 Beds, 1 Bath
Rent To Own
 
Single Family Home
Delta, CO 81416
2,136 Sqft | Built in 2008
1 of 37 Home On 35 Acres
3 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Montrose, CO 81402
2,000 Sqft | Built in 2003
1 of 23 701 Highway
2 Beds, 2 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Delta, CO 81416
1,274 Sqft | Built in 1945
1 of 31 3106 County Rd. #17
5 Beds, 4 Baths
Rent To Own
 
Multifamily (2 - 4 Units)
Ridgway, CO 81432
4,500 Sqft | Built in 1992
1 of 24 121 Main Street
2 Beds, 1 Bath
Rent To Own
 
Multifamily (2 - 4 Units)
Paonia, CO 81419
1,566 Sqft | Built in 1940
Hot
1 of 9 101 Loretta Ct
2 Beds, 2 Baths
Rent To Own
 
Single Family Home
Ouray, CO 81427
1,488 Sqft | Built in 1977
1045 & 1055 E 9th St
2 Beds, 1 Bath
Rent To Own
 
Single Family Home
Delta, CO 81416
1,019 Sqft | Built in 1946
1598 Arland Rd
3 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Montrose, CO 81401
2,349 Sqft | Built in 1974
Rent to own homes offer low monthly payments and flexible terms
647 N 9th St
1 Bed, 1 Bath
REO Foreclosure
 
Single Family Home
Montrose, CO 81401
516 Sqft | Built in 1951
1 of 3 1035 Highland St
5 Beds, 2.75 Baths
Auction
 
Single Family Home
Montrose, CO 81401
2,928 Sqft | Built in 1965
1248 Leeds Ave
3 Beds, 2.75 Baths
REO Foreclosure
 
Single Family Home
Montrose, CO 81401
2,212 Sqft | Built in 1993
3702 6000 Rd
5 Beds, 1.75 Bath
REO Foreclosure
 
Single Family Home
Olathe, CO 81425
2,932 Sqft | Built in 1978
3058 Ridge Rd
2 Beds, 2 Baths
Pre-Foreclosure (NOD)
 
Single Family Home
Delta, CO 81416
1,536 Sqft | Built in 2000
1397 E 7th St
2 Beds, 1.5 Bath
Pre-Foreclosure (NOD)
 
Single Family Home
Delta, CO 81416
1,398 Sqft | Built in 1953
1058 E 3rd St
3 Beds, 1 Bath
Pre-Foreclosure (NOD)
 
Single Family Home
Delta, CO 81416
1,092 Sqft | Built in 1971
655 Grand Ave
3 Beds, 1 Bath
Auction
 
Single Family Home
Delta, CO 81416
1,362 Sqft | Built in 1922
681 W 5th St
1 Bed, 1 Bath
Auction
 
Single Family Home
Delta, CO 81416
484 Sqft | Built in 1930
6038 Townsend Rd
2 Beds, 1 Bath
Pre-Foreclosure (NOD)
 
Single Family Home
Delta, CO 81416
1,304 Sqft | Built in 1908
1499 Yankee Girl St
3 Beds, 2 Baths
Auction
 
Single Family Home
Delta, CO 81416
1,894 Sqft | Built in 2007
795 NW Birch Ave
2 Beds, 1.5 Bath
REO Foreclosure
 
Single Family Home
Cedaredge, CO 81413
1,080 Sqft | Built in 1984
1111 2nd St
2 Beds, 1.75 Bath
Pre-Foreclosure (NOD)
 
Single Family Home
Paonia, CO 81428
992 Sqft | Built in 1900
960 Main St
4 Beds, 2 Baths
REO Foreclosure
 
Single Family Home
Ouray, CO 81427
3,149 Sqft | Built in 1898
314 Hummingbird Trl
3 Beds, 4 Baths
REO Foreclosure
 
Single Family Home
Ridgway, CO 81432
5,138 Sqft | Built in 2008
New
24 Tbd County Rd
Studio
Rent To Own
 
Single Family Home
Ridgway, CO 81432
1 Uncompahgre Rd
Studio
Rent To Own
 
Single Family Home
Montrose, CO 81403
3 Uncompahgre Rd
Studio
Rent To Own
 
Single Family Home
Montrose, CO 81403
County Road 24 #2
Studio
Rent To Own
 
Single Family Home
Ridgway, CO 81432
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Rent to Own Homes in Cities Near Montrose, CO

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Neighborhoods in Montrose, CO

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Popular Zip Codes in Montrose, CO

81402 rent to own homes

Buying a Home in Montrose, CO

Montrose, CO is seeing rapid growth and Montrose, CO's' housing market remains not optimal with an average home price that is 7% above the 2022 national average. Montrose, CO is part of Montrose county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2022 for county Montrose is 0.43% which is below the national average, which is 0.99%.

Median Home Price in Montrose, CO

Median Rent in Montrose, CO

Rent to own homes offer low monthly payments and flexible terms

Top 6 Reasons to Live in Montrose, CO

Stay active! The nearby national park is the obvious choice for recreation, but the city's abundance of recreational spaces ensure you won't have to go far. The Montrose Dog Park and the Niagara Community Garden perfectly complement the city's 29 parks, 30 miles of concrete trails and almost 120 acres of open space.

Glorious scenery! Montrose boasts a stunning location within reach of some of the country's most revered drives. Hit the road at the canyon at the north end of town to explore the 17-mile Bachelor Historic Loop or discover the views from the San Juan Skyway, the so-called road to the sky.

Low rents! At a little more than $800, the average monthly rent in Montrose is lower than the Colorado and national averages. Look out for popular complexes such as Sunshine Peak Apartments and Pavilion Gardens Apartments for a home in this price range. If you plan on sticking around, it's worth looking at rent to own options.

Dig into delicious local dining! Townsend Avenue boasts numerous local dining options. Grab a wholesome breakfast at Starvin Arvins or indulge a craving for something sweet at the Dairy Queen Brazier. The Stone House on Hawk Parkway and Ted Nelson's Steak House on Rose Lane are ideal for special occasions.

Vibrant downtown area! Historic Downtown Montrose is the ideal way to while away the hours on a day off work or on a weekend. Attend community events such as the Montrose Arts and Craft Festival and the weekly Harvest Market or simply enjoy the sculptures on display as part of the Public Art Experience.

Choice of neighborhoods! Montrose offers a variety of rental homes and a 6 percent vacancy rate ensures you can find your dream digs. Residential areas are found in the West Montrose and East Montrose neighborhoods; if you have your heart set on living downtown, you should be able to find a property there as well.

Montrose, CO Frequently Asked Questions

Montrose, CO has a walk score of

Montrose, CO has a bike score of

The state tax rate is 4.55% on top of the federal tax rate of 10 to 37%.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Some data might be from tax-rates.org
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