Montbello, Denver, CO—80239
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montbello, Denver, CO
As of Oct '25, the median home price in Montbello, Denver, CO is $426,000, with a year-over-year change of -3.8%. This indicates that home prices in Montbello, Denver, CO are decreasing. According to Zillow, the 1-year price projection is -1.2%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $426,000 | -3.8% |
| Single Family | $428,000 | -3.6% |
| Condos | $288,000 | -9.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $370,000 | -3.1% |
3 Bed | $421,000 | -3.7% |
4 Bed | $456,000 | -3.6% |
| 5 Bed | $468,000 | -3.7% |
% of Housing Stock
Rental Trends — Montbello, Denver, CO
As of July '25, Rentcast reports the average rent in Montbello, Denver, CO is $2,620, with a year-over-year rent change of 33.7%. Per bedroom, the median rent as of July '25 in Montbello, Denver, CO is studios: $1,510, 1-bedrooms: $1,390, 2-bedrooms: $2,360, 3-bedrooms: $2,740, 4-bedrooms: $2,950. The most common rental property sizes in Montbello, Denver, CO are 1-bedroom and 2-bedroom, accounting for 30.6% and 27.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,740 | $2,620 |
| Studio Rent | $1,510 | $1,510 |
| 1 Bed Rent | $1,460 | $1,390 |
| 2 Bed Rent | $2,070 | $2,360 |
| 3 Bed Rent | $2,650 | $2,740 |
| 4 Bed Rent | $2,850 | $2,950 |
% of Rental Stock
Property Listings — Montbello, Denver, CO
As of Oct '25, Realtor.com reports that the median days on market for a home in Montbello, Denver, CO is 50. This is a increase of 31.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $437,000 | -5.0% |
Listing Count | 81 | -2.0% |
| Listings as % of Homes | 0.3% | -2.0% |
Days on Market | 50 | 31.0% |
Demographics — Montbello, Denver, CO
As of the latest ACS Survey released in 2023, Montbello, Denver, CO has a population of 44,100, which has decreased by -7.2% over the past 5 years. Montbello, Denver, CO is a popular place for families, as children make up 25.3% of the population. The area has a poorly educated workforce, with 18.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 44,100 | -7.2% |
% Under 18 | 25.3% | -18.4% |
% Seniors | 8.5% | 34.9% |
% WFH | 8.6% | 473.3% |
% w/ College Degree | 18.4% | 58.6% |
As of the latest ACS Survey released in 2023, Montbello, Denver, CO is a predominantly hispanic area, with 60.6% of the population identifying as hispanic. The hispanic population has grown by 0.7% in the last 5 years. The second most common race or ethnicity in Montbello, Denver, CO is black, making up 19.2% of the population. Foreign-born residents account for 28.4% of the population in Montbello, Denver, CO, and this percentage has decreased by 0.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 13.2% | -1.5% |
% Black | 19.2% | -8.6% |
% Hispanic | 60.6% | 0.7% |
% Asian | 3.3% | 26.9% |
% Foreign Born | 28.4% | -0.7% |
Mortgage and Risk — Montbello, Denver, CO
According to HUD data as of 2023, there were 268 mortgage originations in Montbello, Denver, CO, of which 67.0% of loans were conventional mortgages. The average loan-to-value was 60.0%, with 35.0% above 90% LTV (very high). This implies large mortgage risk in Montbello, Denver, CO. Investor activity is low, as 4.0% of loans were by investors. 20.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 268 |
% Conventional Loans | 67.0% |
% Government Loans | 33.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 20.0% |
Loan Activity
Rentals and Section 8 — Montbello, Denver, CO
As of 2024, the percent of homes in Montbello, Denver, CO under the Section 8 program is 10.3%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Montbello, Denver, CO, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 614 |
Total Units Section 8 | 536 |
% Rentals under Section 8 | 10.3% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $380 | $1,460 | $1,840 |
| 2 Bedroom | $130 | $2,070 | $2,200 |
| 3 Bedroom | $220 | $2,650 | $2,870 |
| 4 Bedroom | $360 | $2,850 | $3,210 |
Affordability — Montbello, Denver, CO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.1 |
| Median Home Price | $426,000 |
| Median Household Income | $86,700 |