Montrose

Houston, TX

Neighborhood Market Analysis

Q3 2025 Report
$382,000 (Redfin, June 2025); $666,000 (Rocket, June 2025) — varies by property type and source
Median Home Price
High (Walk Score 86–90); one of Houston’s most walkable neighborhoods.
Walkability Score
Public schools are above Houston ISD average, with some highly rated options (Lanier MS, Lamar HS). Private schools offer strong alternatives.
School Rating

Location Overview

Neighborhood Boundaries

Roughly bounded by Allen Parkway (north), Bagby Street (east), US-59/I-69 (south), and Shepherd Drive (west).

Zip Codes

7700677019

Market Data Summary

Price RangeCondos/townhomes: $300K–$500K; Single-family: $500K–$1.5M+
Price per Sq Ft$265–$273 (down 4.5% YoY)
Inventory LevelsElevated; homes staying on market longer, shifting from seller’s to buyer’s market.

Property Characteristics

Home Types & Architecture

Home Types

Single-family homesTownhomesCondosHistoric bungalowsMid-rise apartments

Architectural Styles

CraftsmanVictorianContemporary/ModernArt DecoMid-century modern

Property Details

Typical Lot Sizes2,500–7,000 sq ft (urban lots, some larger historic parcels)
Home Age Range1920s–2020s; mix of historic and new construction
Construction QualityVaries; historic homes may need updates, new builds often high-end with modern amenities.

Community Profile

Demographics & Lifestyle

Demographics

Diverse, with a mix of young professionals, artists, LGBTQ+ community, and established families. Median age skews younger than Houston average.

Community Vibe

Eclectic, artsy, progressive, inclusive, vibrant nightlife and cultural scene.

Typical Residents

  • Young professionals
  • Artists/creatives
  • LGBTQ+
  • Empty nesters
  • Small families

Family Friendly

Moderate; more singles/couples and young families than suburban areas. Some parks and family amenities.

Amenities & Lifestyle

Parks & Recreation

  • Buffalo Bayou Park
  • Mandell Park
  • Cherryhurst Park
  • Menil Collection campus

Dining Options

  • Uchi
  • Common Bond
  • Hugo’s
  • Niko Niko’s
  • Anvil Bar & Refuge

Shopping Centers

  • Montrose Collective
  • Westheimer Curve boutiques
  • Nearby River Oaks Shopping Center

Local Businesses

  • Coffee shops
  • Boutique retail
  • Art galleries
  • Fitness studios
  • Vintage stores

Education & Schools

Public schools are above Houston ISD average, with some highly rated options (Lanier MS, Lamar HS). Private schools offer strong alternatives.
Overall School Rating

Elementary Schools

  • Baker Montessori
  • MacGregor Elementary

Middle Schools

  • Lanier Middle School

High Schools

  • Lamar High School
  • Heights High School

Private Schools

  • St. Stephen’s Episcopal
  • Annunciation Orthodox School
  • The Harris School

Transportation & Accessibility

Transit & Roads

Public Transit

  • METRO bus lines (82, 56, 25)
  • Nearby METRORail Red Line stations

Major Roads

  • Westheimer Rd
  • Montrose Blvd
  • Allen Parkway
  • US-59/I-69

Commute & Walkability

Commute Times10–20 minutes to Downtown, Texas Medical Center, and Galleria by car; 20–40 minutes by transit.
WalkabilityExcellent; daily errands possible without a car.
ParkingLimited street parking; some homes/complexes have off-street or garage parking.

Marketing Intelligence

Target Buyer Types

  • Young professionals
  • Investors
  • LGBTQ+ buyers
  • Empty nesters seeking urban living
  • Medical center employees

Key Selling Points

  • Walkable urban lifestyle
  • Eclectic dining and nightlife
  • Historic and modern home options
  • Proximity to major job centers

Pricing Considerations

Price competitively due to increased inventory and longer days on market; highlight move-in ready condition or unique features.

Common Objections & Response Strategies

Objection: Older homes need updates/maintenance.

Response Strategy:

Highlight recent renovations, inspection reports, and potential for customization. Emphasize value-add opportunities.

Objection: Limited parking.

Response Strategy:

Showcase available off-street/garage parking or proximity to transit and walkable amenities.

Objection: Higher property crime rates.

Response Strategy:

Provide crime data in context, highlight active neighborhood watch, and security features.

Objection: Noise from nightlife and traffic.

Response Strategy:

Point out quieter streets, double-pane windows, and vibrant community benefits.

Investment Insights

Investment Potential

Appreciation Potential

Historically strong, but currently plateauing or slightly declining (down 6.6% YoY per Redfin). Long-term prospects remain solid due to location and demand.

Rental Demand

Very high; strong demand from professionals, students, and medical center employees.

Buyer Competition

Lower than previous years; more inventory, longer days on market.

Best For

  • Investors seeking rental income
  • Buyers wanting walkability and urban lifestyle
  • LGBTQ+ buyers
  • Young professionals

Potential Concerns

  • Short-term price softness
  • Older homes may require significant updates
  • Parking limitations

Professional Recommendations

1

Price listings competitively and prepare for longer marketing periods.

2

Stage homes to emphasize unique Montrose character and urban lifestyle.

3

Highlight walkability, amenities, and access to job centers in all marketing.

4

Educate buyers on both the benefits and quirks of Montrose (parking, noise, older homes).

5

Network with local businesses and community groups to tap into the neighborhood’s social fabric.

Competitive Analysis

Comparable Markets

  • Heights
  • Midtown
  • Museum District
  • EaDo

Market Positioning

Montrose is positioned as Houston’s premier walkable, eclectic, and culturally rich urban neighborhood.

Competitive Advantages

  • Superior walkability
  • Unique arts/culture scene
  • Diverse housing stock
  • Central location

Price Comparison

Pricier than Midtown and EaDo; less expensive than River Oaks and some Heights segments.

Investment Metrics

3.5%–5% for well-located rental properties (2025 estimates)
Cap Rates
4%–5% gross yields typical for updated units
Rental Yields
18–22 (higher than Houston average, reflecting desirability)
Price-to-Rent
Positive for updated multi-family or well-priced single-family rentals; break-even or negative for high-end/luxury purchases.
Cash Flow
Flat to slightly negative in 2025; long-term appreciation expected to resume with Houston’s job/population growth.
Appreciation

Buyer Journey Insights

First-Time Buyers

Appealing for those seeking urban lifestyle; may face affordability and maintenance challenges. Recommend focusing on updated condos/townhomes.

Move-Up Buyers

Can find larger, newer homes or historic properties with character. Emphasize lifestyle upgrade and location.

Downsizers

Strong fit for empty nesters seeking walkability and culture; focus on low-maintenance condos/townhomes.

Investors

High rental demand and stable long-term outlook; focus on multi-family or well-located single-family for best returns.

Relocators

Attractive for professionals moving to Houston for work, especially in medical, tech, or creative sectors.

This neighborhood analysis was generated using hyperlocal data and AI intelligence.

Neighborhood conditions change - consult with local real estate professionals for the most current information.

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