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City

ZIP codes

Montgomery, AL · 36123

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $59K, +2.1% YoY (county); renters hold 42.2% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

91,381

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 106,121

106Kunits

Occupied91,38186.1%

Vacant14,74013.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 91,381

91Koccupied

Owner52,78357.8%

Renter38,59842.2%

Renter Share

42.2%-0.1% YoY

Total Housing Units

106,121+0.3% YoY

FY2026 Fair Market Rent

CountyMontgomery County · HUD 40th-percentile estimate, 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

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is down 0.2% to 226,718: residents under 18 are down 0.1% and those 65 and over are up 2.0%.

Median Age

37.12024

Population

Montgomery County Population

225,8940.0% YoY

Households

Total Households

91,381+0.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.39-0.8% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 226,718

227Kresidents

Under 1854,65624.1%

Adults 18–64135,37259.7%

65 & Over36,69016.2%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & 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 ⓘ

U.S. Census ACS

of residents

Same house82.7%

Moved (within US)16.2%

Other1.1%

Veterans

8.8%-1.1% YoY

County Economy

County median household income is $59K, 19.9% of residents are below the poverty level, 8.0% work from home.

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 ⓘ

U.S. Census ACS

of workers

Drove alone80.4%

Public transit0.3%

Worked from home8.0%

Other11.3%

Worked From Home

8.0%+9.6% YoY

Mean Commute

21.60+0.9% YoY

Done with 36123? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Montgomery, AL · 36123

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $59K, +2.1% YoY (county); renters hold 42.2% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

91,381

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 106,121

106Kunits

Occupied91,38186.1%

Vacant14,74013.9%

2024 Tenure ⓘ

U.S. Census ACS · n = 91,381

91Koccupied

Owner52,78357.8%

Renter38,59842.2%

Renter Share

42.2%-0.1% YoY

Total Housing Units

106,121+0.3% YoY

FY2026 Fair Market Rent

CountyMontgomery County · HUD 40th-percentile estimate, 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

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is down 0.2% to 226,718: residents under 18 are down 0.1% and those 65 and over are up 2.0%.

Median Age

37.12024

Population

Montgomery County Population

225,8940.0% YoY

Households

Total Households

91,381+0.7% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.39-0.8% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 226,718

227Kresidents

Under 1854,65624.1%

Adults 18–64135,37259.7%

65 & Over36,69016.2%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & 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 ⓘ

U.S. Census ACS

of residents

Same house82.7%

Moved (within US)16.2%

Other1.1%

Veterans

8.8%-1.1% YoY

County Economy

County median household income is $59K, 19.9% of residents are below the poverty level, 8.0% work from home.

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 ⓘ

U.S. Census ACS

of workers

Drove alone80.4%

Public transit0.3%

Worked from home8.0%

Other11.3%

Worked From Home

8.0%+9.6% YoY

Mean Commute

21.60+0.9% YoY

Done with 36123? Put it next to another market.