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modified
7 Hours Ago

Location

1045 S 3rd St, Montrose, CO 81401, USA
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Management

Area Best Management Inc

Leasing office

(844) 284-9985 ext. 5795

Property Overview

Cottonwood Apts - 1045 S 3rd St. is rated 8.3 out of 10, with especially strong marks for price and location, plus solid amenities and trustworthiness. It offers on-site features, strong value for money, and is noted for nearby dining, parks, diverse age groups, and convenient work-from-home resources.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, Cottonwood Apts - 1045 S 3rd St. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Cottonwood Apts - 1045 S 3rd St. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Middle school nearby

Great for

  • Social life
  • Work-from-home

Floor plans

Cottonwood Apts - 1045 S 3rd St. - 11 (2...2 bed1 bath$1,300 /mo2 Bedroom 1 Bath Upstairs apartment No pets Tenant pays electric.
Cottonwood Apts - 1045 S 3rd St. - 7 (21...2 bed1 bath$1,300 /mo2 Bedroom 1 Bath Upstairs apartment No pets Tenant pays electric Internet service provided

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Policies and fees

Applicants

Application Fee

Per-applicant. Agent application fee.

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REQUIRED FEES

Security Deposit

One-time.

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Questions about this property’s policies and fees?

Building details

Property details

Units2
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About Cottonwood Apts - 1045 S 3rd St.

HomeApartments in Montrose Cottonwood Apts - 1045 S 3rd St.

2 Bedroom 1 Bath Upstairs apartment No pets Tenant pays electric.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, Cottonwood Apts - 1045 S 3rd St. is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Cottonwood Apts - 1045 S 3rd St. has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
How we rated Cottonwood Apts - 1045 S 3rd St.
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Cottonwood Apts - 1045 S 3rd St. offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Cottonwood Apts - 1045 S 3rd St. is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Cottonwood Apts - 1045 S 3rd St. is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Cottonwood Apts - 1045 S 3rd St. does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Cottonwood Apts - 1045 S 3rd St. provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Cottonwood Apts - 1045 S 3rd St. is great for:

Social life

  • 67 restaurants within 1 mile of this property
  • Diverse age groups live in this area
  • Areas nearby are accessible by walking
  • Area has 9 parks and recreation options

Work-from-home

  • High speed internet is an amenity
  • 1 coworking space or cafe within 1 mile
  • 2 internet service provider options nearby
  • 1 office supply store within 1 mile

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Cottonwood Apts - 1045 S 3rd St. compares to other nearby properties.

Positives

Middle school nearby
There is a middle school 0.2 mile away

Considerations

Greater distance from high schools
The nearest high school is farther than 1 mile away
Lacks images
Fewer than 10 photos available for this location

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Rent trends in Montrose

If you decide to upgrade your space, you can expect 2-bedrooms at Cottonwood Apts - 1045 S 3rd St. to be 7% less than the average for similarly sized apartments in Montrose.

Median rents as of Jun 13 2026.
Montrose
A table of studio rental data trends in Montrose
MonthMedian Rent
November 2024$600
December 2024$600
January 2025$562
February 2025$637
March 2025$633
April 2025$600
May 2025$600
June 2025$600
July 2025$600
August 2025$600
October 2025$600
January 2026$603
February 2026$623
March 2026$650
April 2026$600
May 2026$600
June 2026$600

Affordability calculator

Can I afford to live at 1045 S 3rd St?

Bedrooms

2 bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$52,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $52,000 annually to afford this 2-bedrooms median monthly rent price of $1,300.
For more information on rent affordability, visit our rent calculator.

Schools near Cottonwood Apts - 1045 S 3rd St.

Peak Virtual Academy

526 n 6th st

montrose, CO, 81401

K-12Public
C+

Early Childhood Center

900 colorado ave

montrose, CO, 81401

PKPublic

Johnson Elementary School

13820 6700 rd

montrose, CO, 81401

PK, K-5Public
C+
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Internet available near Cottonwood Apts - 1045 S 3rd St.

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Montrose near 1045 S 3rd St

Walking

5/10
Some shops and stores are within a few minutes.

Driving

10/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 1045 S 3rd St, Montrose

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

4/10
Some restaurants within a few minutes’ walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Nightlife

4/10
Some bars within walking distance

Explore the area around 1045 S 3rd St

Strawhat Farm Market
514 S 1st St
City Market
128 S Townsend Ave
Safeway
1329 S Townsend Ave
City Market
16400 S Townsend Ave
Walmart Supercenter
16750 S Townsend Ave

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