Montrose, TX
August 2026
77006,77098
Long-term Rental Rates
Apartment
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,282 – $1,388 | -3.30% | 1.88% |
| 2-Bedroom | $1,770 – $1,957 | 0.23% | -2.94% |
| 3-Bedroom | $2,334 – $2,488 | 2.51% | 3.81% |
| 4-Bedroom | $2,946 – $3,093 | 1.01% | 4.76% |
Condo/Townhome
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,548 – $1,650 | 4.95% | 5.82% |
| 2-Bedroom | $2,067 – $2,271 | -0.62% | 4.46% |
| 3-Bedroom | $2,698 – $2,922 | 6.04% | 7.68% |
| 4-Bedroom | $3,181 – $3,428 | 3.71% | 7.80% |
Single-Family
| Unit Type | Price | 1 Mo Change | 1 Yr Change |
|---|---|---|---|
| 1-Bedroom | $1,443 – $1,517 | 8.92% | 9.41% |
| 2-Bedroom | $2,092 – $2,199 | 2.71% | 2.78% |
| 3-Bedroom | $2,963 – $3,308 | -7.45% | -7.26% |
| 4-Bedroom | $3,347 – $3,554 | -1.02% | -2.41% |
In the Montrose (77006, 77098) rental market, 1-bedroom apartments experienced an 8.21% year-over-year decrease, bringing the median rent to $1,348 in April 2026. This segment saw the sharpest annual drop among all major property types in Montrose (77006, 77098).
Compared to apartments, 3-bedroom condos in Montrose (77006, 77098) commanded a higher median rent of $2,735—$383 more than their apartment counterparts. The condo segment also rose 5.96% year-over-year, outperforming the apartment growth rate of 5.20%.
Among larger homes, Montrose (77006, 77098) rental trends indicate that 4-bedroom single-family units saw median rents climb 4.01% month-over-month, reaching $3,467. This MoM gain was one of the highest observed across all segments in April 2026.