Rental market snapshot for Montevallo, Alabama

Montevallo, Alabama Rental Property Market Overview

Montevallo, Alabama is a small city located in Shelby County with a population of 7,255 as of 2021, according to the US Census. It is a vibrant and diverse community with a rich history and culture. The city is home to the University of Montevallo, a public liberal arts university, as well as several parks, museums, and other attractions. Montevallo is a great place to live, work, and play, offering a variety of activities and amenities for residents and visitors alike.

The average rent for an apartment in Montevallo is $1,591. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.24% over the past year.

Last Updated April 22, 2023

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Average monthly rent graph in Montevallo Alabama | Cost of Living

  • The most expensive ZIP code in Montevallo is 35115 with an average price of $1,675
  • The cheapest ZIP code in Montevallo is 35115 with an average price of $1,599

Montevallo ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent
135115$1,675

Live near Montevallo, Alabama's Top Sights and Attractions

Orr Park is a beautiful outdoor attraction located in the foothills of Alabama. It features a variety of activities for visitors to enjoy, including a large lake, walking trails, playgrounds, picnic areas, and a disc golf course. The park also has a large amphitheater, which hosts a variety of concerts and other events throughout the year. The park is surrounded by lush greenery and is a great place to spend a day outdoors.

Stephens Park is a picturesque park located in a small town. It features a large lake with a fountain, a walking trail, and several picnic areas. The park also has a playground, a gazebo, and a pavilion. There are also several benches and tables scattered throughout the park, making it a great place to relax and enjoy the scenery. The park is also home to a variety of wildlife, including ducks, geese, and other birds.

Aldrich Coal Mine Museum is a unique attraction located in the heart of Alabama. It is a former coal mine that has been converted into a museum, allowing visitors to explore the history of coal mining in the area. The museum features a variety of exhibits, including a replica coal mine, a coal miner's cabin, and a variety of artifacts from the coal mining industry. Visitors can also take a guided tour of the mine and learn about the history of coal mining in the area.

American Village is an educational attraction that celebrates the history and ideals of the United States of America. It features a replica of the Liberty Bell, a replica of the White House, and a replica of the Capitol Building. There are also interactive exhibits, a museum, and a theater. Visitors can also explore the grounds, which include a replica of the Revolutionary War battlefield, a replica of the Vietnam War Memorial, and a replica of the Korean War Memorial.

Montevallo, Alabama area median rent change by ZIP code map

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How does Montevallo compare to other cities in Alabama ?

citymedian price
Daphne$1,695
Hueytown$1,400
Maylene$2,125
Midfield$970
Elmore$1,595
Northport$1,275
Prattville$1,400
Foley$2,000
Silverhill$1,650

Average household income in Montevallo area graph - US Census

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The median household income in Montevallo in 2021 was $43,504. This represents a 17.9% change from 2011 when the median was $36,897.

#categorypercent
0Less than $10,0007.2%
1$10,000 to $14,99910.6%
2$15,000 to $19,99910.8%
3$20,000 to $24,9994.4%
4$25,000 to $29,99912.7%
5$30,000 to $34,9993.1%
6$35,000 to $39,9993.3%
7$40,000 to $44,9993.8%
8$45,000 to $49,9991.1%
9$50,000 to $59,9995.9%
10$60,000 to $74,9999.3%
11$75,000 to $99,99911.2%
12$100,000 to $124,9996.5%
13$125,000 to $149,9997.5%
14$150,000 to $199,9991.2%
15$200,000 or more1.4%

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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.

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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.

As of March , the average rent in Montevallo is $1,591.
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