In Montrose-Ghent, a typical home is worth $545,500 and typical rent is $2,679 a month. Compared with all of Summit County, the typical home value is 161% higher, typical rent is 161% higher, and the share of households that own their home is 27 points higher.
Typical home value from Zillow, September 2021 to September 2026: from $421,724 to $532,250.
From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).
Montrose-Ghent is in Summit County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Summit County. See the county
What this place has that others do not, from public data, most unusual first.
1
Montrose-Ghent has the 3rd highest typical rent of the 285 cities in Ohio with more than 5,000 people ($2,679).
2
The typical household income in Montrose-Ghent is $180,250,152% more than in Summit County as a whole ($71,622).
3
The typical home in Montrose-Ghent is worth $545,500,161% more than in Summit County as a whole ($208,700).
4
94% of households in Montrose-Ghent own their home, against 68% in Summit County.
5
Nearby, in Akron, the typical rent is $955: 64% less than in Montrose-Ghent ($2,679).
6
Nearby, in Akron, the typical home value is $122,000: 78% less than in Montrose-Ghent ($545,500).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Montrose-Ghent
What homes there are in Montrose-Ghent, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and otherUnreliable estimate
Montrose-Ghent
Summit County
Ohio
United States
Kind of home: Montrose-Ghent and its comparisons
Measure
Montrose-Ghent
Summit County
Ohio
United States
Detached house
97%
71%
69%
61%
Attached house
Unreliable estimate
6%
5%
6%
Building of 2 to 4
Unreliable estimate
7%
8%
8%
Apartments (5 or more)
Unreliable estimate
15%
15%
19%
Mobile home
Unreliable estimate
1%
3%
6%
Boat, RV and other
Unreliable estimate
Unreliable estimate
0%
0%
In Montrose-Ghent, 10 in 10 homes are single-family detached houses; in Summit County, 7.
Year built
Before 19601960–19791980–19992000–20092010 or laterUnreliable estimate
Montrose-Ghent
Summit County
Ohio
United States
Year built: Montrose-Ghent and its comparisons
Measure
Montrose-Ghent
Summit County
Ohio
United States
Before 1960
29%
43%
38%
26%
1960–1979
29%
26%
26%
24%
1980–1999
37%
19%
20%
25%
2000–2009
Unreliable estimate
8%
10%
14%
2010 or later
Unreliable estimate
5%
7%
11%
In Montrose-Ghent, 95% of homes have 3 bedrooms or more, more than in Summit County (64%).
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Unreliable estimate
Under $100KUnreliable
$100K–$200KUnreliable
$200K–$300KUnreliable
$300K–$500K34%
$500K–$750K19%
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Montrose-Ghent and its comparisons
Measure
Montrose-Ghent
Under $100K
Unreliable estimate
$100K–$200K
Unreliable estimate
$200K–$300K
Unreliable estimate
$300K–$500K
34%
$500K–$750K
19%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
Monthly rent with utilities
Unreliable estimate
Under $500Unreliable
$500–$999Unreliable
$1,000–$1,499Unreliable
$1,500–$1,999Unreliable
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Montrose-Ghent and its comparisons
Measure
Montrose-Ghent
Under $500
Unreliable
$500–$999
Unreliable
$1,000–$1,499
Unreliable
$1,500–$1,999
Unreliable estimate
$2,000–$2,499
Unreliable
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable
With a mortgage
$2,587 a month
Summit County: $1,470 a month
Without a mortgage
$1,030 a month
Summit County: $599 a month
Owners with a mortgage
67%
Summit County: 64%
The typical cost for an owner with a mortgage in Montrose-Ghent is $2,587 a month, more than in Summit County ($1,470); without one, $1,030.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Montrose-Ghent+60%
Summit County+42%
Ohio+47%
United States+53%
Typical rent
Montrose-Ghent+83%
Summit County+25%
Ohio+28%
United States+33%
Typical household income
Montrose-Ghent+69%
Summit County+25%
Ohio+26%
United States+29%
Change since 2015–2019: Montrose-Ghent and its comparisons
Measure
Montrose-Ghent
Summit County
Ohio
United States
Typical home value
+60%
+42%
+47%
+53%
Typical rent
+83%
+25%
+28%
+33%
Typical household income
+69%
+25%
+26%
+29%
Since 2015–2019, homes in Montrose-Ghent gained value faster than in Summit County: 60% against 42%.
The typical rent in Montrose-Ghent rose 83% over the same time; in Summit County, it rose 25%.
The typical household income in Montrose-Ghent rose 69% over that time; home values changed +60% and rent +83%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Montrose-Ghent and its comparisons
Measure
Montrose-Ghent
Summit County
Ohio
United States
Rental vacancy
Unreliable estimate
3.4%
4.4%
5.5%
Homeowner vacancy
Unreliable estimate
0.9%
0.8%
0.9%
More than one person per room
Unreliable estimate
1.0%
1.5%
3.4%
People per household
2.69
2.29
2.37
2.53
Drive alone
64%
75%
75%
69%
Carpool
Unreliable estimate
8%
8%
9%
Public transit
Unreliable estimate
1%
1%
3%
Walk or bike
Unreliable estimate
1%
2%
3%
Work from home
34%
15%
13%
15%
Other means
Unreliable estimate
1%
1%
2%
Typical commute
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
20 to 29 minutes
Households in Montrose-Ghent are bigger: 2.69 people on average; in Summit County, 2.29.
Working from home is more common in Montrose-Ghent: 34%, against 15% in Summit County.
Do the math
What would you pay each month for a home in Montrose-Ghent?
A typical home is tight for the typical income
We start with a typical home in Montrose-Ghent, worth $545,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Montrose-Ghent, which is $180,250 a year. For that payment to be 28% of income, a household would need to earn about $202,083 a year.
The calculator's FHA and conventional loan limits are those of all of Summit County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Montrose-Ghent. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $19,093 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$4,715
at 7.18% · 30 years
Loan amount
$535,619
Total interest
$770,630
Paid off in
November 2056
Includes $9,212 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $4,206 a month
Tight
$4,206 to $5,408 a month
Your payment · 31%
Hard
more than $5,408 a month
Compared with the typical household income in Montrose-Ghent ($180,250 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$3,628
Property tax
$618
Home insurance
$227
FHA mortgage insurance (MIP)
$241
You need at least $19,093 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $4,715; principal and interest $3,628.
The city and its county
Montrose-Ghent and Summit County
Montrose-Ghent is in Summit County, Ohio. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Montrose-Ghent
Map of Summit County, Ohio, with Montrose-Ghent marked. Around it, the neighboring counties.
Montrose-Ghent
Summit County
Other cities with a page
Montrose-Ghent's own numbers
Typical home value
$545,500
Typical monthly rent
$2,679
Typical yearly household income
$180,250
Households that own their home
94%
Effective property tax rate
1.36%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Summit County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,231
Price change over 5 years (FHFA)
+51%
Homes in a high flood-risk zone
0.6%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Summit County.
A typical home in Montrose-Ghent is worth $545,500: 161% above the county and 154% above Ohio. With the typical household income in Montrose-Ghent ($180,250 a year), a typical home costs 3.0 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Montrose-Ghent3.0 years
Summit2.9 years
Ohio3.0 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Summit County
According to FHFA’s house price index, home prices in Summit County rose 87% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Summit County.
Yearly change in FHFA’s price index in Summit County, 2016 to 2025
2016: +3.0% +3.0% 2016
2017: +4.3% +4.3% 2017
2018: +5.5% +5.5% 2018
2019: +4.5% +4.5% 2019
2020: +4.3% +4.3% 2020
2021: +10.6% +10.6% 2021
2022: +13.5% +13.5% 2022
2023: +7.3% +7.3% 2023
2024: +8.1% +8.1% 2024
2025: +3.9% +3.9% 2025
Change in FHFA’s price index in Summit County, Ohio and the United States
Period
County
Ohio
U.S.
Last year (2025)
+3.9%
+4.8%
+2.9%
5 years (2020–2025)
+51%
+53%
+47%
10 years (2015–2025)
+87%
+93%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Montrose-Ghent next to Summit County, Ohio and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Montrose-Ghent$545,500
Summit$208,700
Ohio$214,800
United States$332,700
Typical monthly rent
Montrose-Ghent$2,679
Summit$1,026
Ohio$1,034
United States$1,413
Typical yearly household income
Montrose-Ghent$180,250
Summit$71,622
Ohio$71,389
United States$80,734
See the full table
Montrose-Ghent next to Summit County and Ohio
Measure
Montrose-Ghent
Summit County
Ohio
U.S.
Typical home value
$545,500 ▲161% above the county
$208,700
$214,800
$332,700
Typical monthly rent
$2,679 ▲161% above the county
$1,026
$1,034
$1,413
Typical yearly household income
$180,250 ▲152% above the county
$71,622
$71,389
$80,734
Households that own their home
94% ▲27 points above the county
68%
67%
65%
Typical yearly property tax
$7,400 ▲132% above the county
$3,195
$2,822
$3,119
Effective property tax rate
1.36% ▼0.17 points below the county
1.53%
1.31%
0.94%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Summit County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Montrose-Ghent
For a typical $545,500 home in Montrose-Ghent, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Montrose-Ghent's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$4,715a month
Least cash to close
Down payment
$19,093
Cash to close
$35,458
Rate
7.18%
Mortgage insurance
FHA MIP · $241
Conventional, 5% down$4,615a month
Down payment
$27,275
Cash to close
$43,640
Rate
7.18%
Mortgage insurance
PMI · $259
Conventional, 20% down, no PMI$3,802a month
Down payment
$109,100
Cash to close
$125,465
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$4,306a month
Down payment
$81,825
Cash to close
$98,190
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Montrose-Ghent
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$4,715
$19,093
$535,620
7.18%
FHA MIP · $241
$35,458
580
Conventional, 5% down
$4,615
$27,275
$518,225
7.18%
PMI · $259
$43,640
620*
Conventional, 20% down, no PMI
$3,802
$109,100
$436,400
7.18%
None
$125,465
620*
ITIN, 15% down (example)
$4,306
$81,825
$463,675
8.18%
None
$98,190
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Montrose-Ghent is $2,679 a month: 161% above the county.
HUD publishes a fair market rent for all of Summit County, by unit size. To pay the 2-bedroom one ($1,231 a month) without spending more than 30% of your income, you would need to earn $23.67 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Summit County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$886
$17.04
$35,440
1 bedroom
$952
$18.31
$38,080
2 bedrooms
$1,231
$23.67
$49,240
3 bedrooms
$1,474
$28.35
$58,960
4 bedrooms
$1,618
$31.12
$64,720
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Montrose-Ghent
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Montrose-Ghent is in ZIP code 44333.
For 2 bedrooms it is $1,390: $159 more than the fair market rent for Summit County ($1,231).
Fair market rent by ZIP code and size in Montrose-Ghent, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
44333
$1,000
$1,080
$1,390
$1,670
$1,830
ZIP code2 bd3 bd
44333 $1,390$1,670
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Montrose-Ghent when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There are 5 HUD-approved agencies with an office in Summit County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Montrose-Ghent or Summit County. The ones below are statewide in Ohio: they work in Montrose-Ghent the same as in the rest of the state.
Ohio state agency help of 2.5% or 5% of the price for the down payment, closing costs or other costs before closing, forgiven after seven years; if you sell sooner, you repay all of it.Offered by Ohio Housing Finance Agency (OHFA).
Ohio state agency certificate that turns part of your mortgage interest into a credit on your federal tax return, up to $2,000 a year: 40% with an OHFA mortgage (MTC Plus) or 15% to 20% with another mortgage (MTC Basic).Offered by Ohio Housing Finance Agency (OHFA).
The HUD-approved agencies closest to the center of Montrose-Ghent, in a straight line, nearest first. If one says it serves in Spanish, its card says so.
MS
Mustard Seed Development Center
1557 Vernon Odom Blvd, Akron · 7 miles away · Spanish
Also serves in Arabic, American Sign Language (ASL), Cambodian, Cantonese, and 19 more languages.
No legal help resource on our list is for Montrose-Ghent or Summit County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Montrose-Ghent and all of Summit County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Montrose-Ghent?
The typical home value in Montrose-Ghent is $545,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Summit County it is $208,700.
How much does it cost to rent in Montrose-Ghent?
Typical rent in Montrose-Ghent is $2,679 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Summit County is $1,231.
What is the FHA loan limit in Montrose-Ghent?
Montrose-Ghent uses the FHA limit for all of Summit County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Montrose-Ghent?
The typical homeowner in Montrose-Ghent pays $7,400 a year, according to the U.S. Census Bureau. That is 1.36% of the home’s value; in Summit County, the rate is 1.53%.
Where can I find free help to buy or rent in Montrose-Ghent?
There are 5 HUD-approved counseling agencies with an office in Summit County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
