Rental market snapshot for Montgomery, Alabama

Montgomery, Alabama Rental Property Market Overview

The average rent for an apartment in Montgomery is $1,184. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by -1.1% over the past year.

Montgomery is the capital of Alabama and is located on the Alabama River. The city has a population of 205,764 people and is the second largest city in the state. The city is home to the Alabama State Capitol, the First White House of the Confederacy, and the Civil Rights Memorial. Montgomery is also the site of the Selma to Montgomery civil rights marches.

Last Updated December 23, 2022

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Average monthly rent graph in Montgomery Alabama | Cost of Living

  • The most expensive ZIP Code in Montgomery is 36117 with an average price of $1,425
  • The cheapest ZIP Code in Montgomery is 36104 with an average price of $665

Montgomery ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
136117$1,425
236116$1,395
336109$1,325
436109$1,315
536116$1,315
636111$1,290
736106$1,250
836106$1,175
936110$995

Live near Montgomery, Alabama's Top Sights and Attractions

Virginia Estates Park is a large park with a playground, a pond, and a walking trail. The park is located in the eastern part of the city.

Dalraida Park is a beautiful park located in Montgomery, Alabama. The park features a variety of amenities including a playground, picnic tables, a walking trail, and a pond.

Blount Cultural Park is a beautiful park that offers a variety of activities for visitors to enjoy. The park has a playground, a walking trail, a pond, and a gazebo. Visitors can also enjoy the view of the city from the park.

This attraction is a service that allows people to reserve spots in Alabama state parks.

The Wynton M Blount Cultural Park is a large park with a variety of activities and attractions. There is a lake in the center of the park with a walking path around it. There are also tennis courts, a playground, and a picnic area. The park is open from sunrise to sunset.

Lagoon Park is a large city park with a lagoon, walking trails, a playground, and a picnic area. The lagoon is stocked with fish and there is a fishing pier.

Woodmere Park is a beautiful park located in Montgomery, Alabama. The park features a large lake, walking trails, and a playground.

Oak Park is a beautiful, historic park located in the heart of downtown Montgomery. The park is home to a variety of trees, flowers, and shrubs, as well as a playground, picnic areas, and a walking trail.

Montgomery, Alabama area median rent change by ZIP Code map

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How does Montgomery compare to other cities in Alabama ?

citymedian price
Sterrett$1,785
Clanton$1,420
Chelsea$1,835
Remlap$1,130
Montevallo$1,645
Hoover$2,115
Elmore$1,595
Jasper$1,520

Average household income in Montgomery area graph - US Census

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The median household income in Montgomery in 2021 was $49,608. This represents a 13.6% change from 2011 when the median was $43,674.

#categorypercent
0Less than $10,0009.3%
1$10,000 to $14,9996.6%
2$15,000 to $19,9995.6%
3$20,000 to $24,9994.9%
4$25,000 to $29,9995.3%
5$30,000 to $34,9995.2%
6$35,000 to $39,9994.7%
7$40,000 to $44,9994.6%
8$45,000 to $49,9994.2%
9$50,000 to $59,9999.9%
10$60,000 to $74,9999.2%
11$75,000 to $99,99910.7%
12$100,000 to $124,9998.0%
13$125,000 to $149,9993.8%
14$150,000 to $199,9994.0%
15$200,000 or more4.0%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

Yes, but please attribute us accordingly.

Yes. We can deliver bulk raw data in various formats. Please contact us to discuss - [email protected]

While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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