Montgomery, AL 36118 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Montgomery, AL — 36118
Median Listing Price
--
Population
--
Households
91,381
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
106K
units
Occupied
91,381
86.1%
Vacant
14,740
13.9%
2024 Tenure
91K
occupied
Owner
52,783
57.8%
Renter
38,598
42.2%
Renter Share
42.2%
-0.1% YoY
Total Housing Units
106,121
+0.3% YoY
FY2026 Fair Market Rent — Montgomery County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$860
/month
1 BR
$870
/month
2 BR
$1,016
/month
3 BR
$1,304
/month
4 BR
$1,537
/month
FMR Trends — Montgomery County
Source: HUD Fair Market Rents
County Demographics
Median Age
37.1
2024
Population
Montgomery County Population
225,894
0.0% YoY
Households
Total Households
91,381
+0.7% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.39
-0.8% YoY
Age
2024 Age Mix
227K
residents
Under 18
54,656
24.1%
Adults 18–64
135,372
59.7%
65 & Over
36,690
16.2%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
54,656
-0.1% YoY
Population 65 & Over
36,690
+2.0% YoY
Median Age
37.10
+0.5% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
82.7%
Moved (within US)
16.2%
Other
1.1%
Veterans
8.8%
-1.1% YoY
County Economy
Income
Median Household Income
$59K
+2.1% YoY
Per-Capita Income
$35K
+3.6% YoY
Mean Household Income
$83K
+3.4% YoY
Poverty
Below Poverty Level
19.9%
+3.1% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
80.4%
Public transit
0.3%
Worked from home
8.0%
Other
11.3%
Worked From Home
8.0%
+9.6% YoY
Mean Commute
21.60
+0.9% YoY
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