Rental numbers for Montgomery County, AL
The typical home here runs -$92 a month at 7.78% with 25% down, breaking even at about 6.7%. 3 of 9 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.6%.
- Gross yield
- 9.8%
- typical home, Zillow
- Median ZIP yield
- 9.6%
- 9 ZIPs with full data
- Cash flow
- -$92/mo
- at 7.78%, 25% down
- Typical price
- $166,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,362/mo
- Zillow ZORI, Aug 2026
ZIP codes in Montgomery County
16 with published figures
| 36104Montgomery | $62,000 | $1,518 | 29.6% | 20.8% | +$733 | n/a |
| 36105Montgomery | $47,000 | $930* | 23.8% | 14.6% | +$317 | n/a |
| 36110Montgomery | $53,000 | $999 | 22.5% | 14.1% | +$339 | n/a |
| 36107Montgomery | $70,000 | $1,038 | 17.9% | 10.9% | +$260 | -0.4% |
| 36108Montgomery | $69,000 | $900* | 15.7% | 9.0% | +$148 | n/a |
| 36116Montgomery | $151,000 | $1,389 | 11.1% | 6.8% | +$37 | +5.5% |
| 36109Montgomery | $156,000 | $1,322 | 10.2% | 6.0% | -$58 | +0.6% |
| 36111Montgomery | $159,000 | $1,183 | 8.9% | 4.9% | -$202 | n/a |
| 36106Montgomery | $198,000 | $1,353 | 8.2% | 4.7% | -$299 | +2.9% |
| 36036Grady | $158,000 | $960* | 7.3% | 3.7% | -$362 | n/a |
| 36117Montgomery | $258,000 | $1,446 | 6.7% | 3.6% | -$615 | +3.8% |
| 36069Ramer | $185,000 | $900* | 5.9% | 2.4% | -$624 | n/a |
| 36064Pike Road | $403,000 | $1,864 | 5.5% | 2.8% | -$1,220 | +4.0% |
| 36043Hope Hull | $249,000 | $1,000* | 4.8% | 1.8% | -$959 | n/a |
| 36013Pike Road | $441,000 | $1,380* | 3.8% | 1.4% | -$1,864 | n/a |
| 36052Pike Road | $463,000 | $1,150* | 3.0% | 0.9% | -$2,145 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.1%
- Rent, 12 months
- +2.6%
- Rent minus price growth
- +0.5 pts
- Property tax
- 0.41%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $136,434 | $1,054 |
| Aug 2022 | $155,905 | $1,153 |
| Aug 2023 | $161,506 | $1,205 |
| Aug 2024 | $164,434 | $1,264 |
| Aug 2025 | $162,959 | $1,327 |
| Aug 2026 | $166,373 | $1,362 |
HUD Fair Market Rent
FY2027, Montgomery, AL MSA
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $986 | $1,003 | $1,150 | $1,476 | $1,708 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 5.8
- 526 units, last 12 months
- National percentile
- 52th
- among US counties
Tools
Test a listing in Montgomery County against today's rate.
Open the calculatorPart of the Montgomery, AL metro.
Questions
- Is Montgomery County good for rental property?
- The typical home here runs -$92 a month at 7.78% with 25% down, breaking even at about 6.7%. 3 of 9 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 9.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Montgomery County?
- About 0.41% of value, from Census ACS median taxes paid over median home value. On a $166,000 home that is about $679 a year.
- What is Fair Market Rent in Montgomery County?
- HUD's FY2027 Fair Market Rent here is $1,003 for a 1-bedroom, $1,150 for a 2-bedroom and $1,476 for a 3-bedroom. Typical cash flow at today's rate is -$92 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.