Rental numbers for the Montgomery, AL metro
The typical home here runs -$356 a month at 7.78% with 25% down, breaking even at about 4.3%. 3 of 13 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 8.5%.
- Gross yield
- 7.8%
- typical home, Zillow
- Median ZIP yield
- 8.5%
- 13 ZIPs with full data
- Cash flow
- -$356/mo
- at 7.78%, 25% down
- Typical price
- $215,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,405/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
36 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 |
| 36067Prattville | $242,000 | $1,761 | 8.7% | 5.3% | -$224 | +5.8% |
| 36106Montgomery | $198,000 | $1,353 | 8.2% | 4.7% | -$299 | +2.9% |
| 36032Fort Deposit | $141,000 | $900* | 7.7% | 3.6% | -$337 | n/a |
| 36054Millbrook | $224,000 | $1,414 | 7.6% | 4.3% | -$403 | +6.8% |
| 36785White Hall | $146,000 | $900* | 7.4% | 3.6% | -$343 | n/a |
| 36066Prattville | $291,000 | $1,781 | 7.3% | 4.3% | -$520 | +5.4% |
| 36036Grady | $158,000 | $960* | 7.3% | 3.7% | -$362 | n/a |
| 36092Wetumpka | $235,000 | $1,370 | 7.0% | 3.9% | -$510 | n/a |
| 36046Lapine | $155,000 | $900* | 7.0% | 3.4% | -$402 | n/a |
| 36117Montgomery | $258,000 | $1,446 | 6.7% | 3.6% | -$615 | +3.8% |
| 36047Letohatchee | $169,000 | $900* | 6.4% | 2.8% | -$512 | n/a |
| 36069Ramer | $185,000 | $900* | 5.9% | 2.4% | -$624 | n/a |
| 36752White Hall | $187,000 | $900* | 5.8% | 2.5% | -$616 | n/a |
| 36749Jones | $193,000 | $900* | 5.6% | 2.1% | -$699 | n/a |
| 36064Pike Road | $403,000 | $1,864 | 5.5% | 2.8% | -$1,220 | +4.0% |
| 36078Tallassee | $196,000 | $900* | 5.5% | 2.4% | -$659 | n/a |
| 36025Elmore | $243,000 | $1,080* | 5.3% | 2.4% | -$819 | n/a |
| 36051Verbena | $232,000 | $1,020* | 5.3% | 2.2% | -$830 | n/a |
| 36020Coosada | $215,000 | $940* | 5.3% | 2.3% | -$752 | n/a |
| 36006Billingsley | $237,000 | $990* | 5.0% | 2.1% | -$853 | n/a |
| 36003Autaugaville | $224,000 | $900* | 4.8% | 1.9% | -$846 | n/a |
| 36043Hope Hull | $249,000 | $1,000* | 4.8% | 1.8% | -$959 | n/a |
| 36022Deatsville | $297,000 | $980* | 4.0% | 1.4% | -$1,245 | n/a |
| 36080Titus | $314,000 | $1,000* | 3.8% | 1.3% | -$1,340 | n/a |
| 36013Pike Road | $441,000 | $1,380* | 3.8% | 1.4% | -$1,864 | n/a |
| 36093Wetumpka | $339,000 | $1,050* | 3.7% | 1.3% | -$1,456 | n/a |
| 36052Pike Road | $463,000 | $1,150* | 3.0% | 0.9% | -$2,145 | n/a |
| 36024Eclectic | $365,000 | $900* | 3.0% | 0.7% | -$1,769 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.8%
- Rent, 12 months
- +3.2%
- Rent minus price growth
- -0.7 pts
- Property tax
- 0.32%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $172,205 | $1,090 |
| Aug 2022 | $193,630 | $1,188 |
| Aug 2023 | $198,888 | $1,240 |
| Aug 2024 | $204,208 | $1,301 |
| Aug 2025 | $206,896 | $1,362 |
| Aug 2026 | $214,806 | $1,405 |
Counties
- Autauga County, AL8.0% median yield
- Montgomery County, AL9.6% median yield
- Elmore County, AL7.3% median yield
- Lowndes County, ALn/a median yield
- Crenshaw County, ALn/a median yield
Tools
Questions
- Is the Montgomery, AL metro good for rental property?
- The typical home here runs -$356 a month at 7.78% with 25% down, breaking even at about 4.3%. 3 of 13 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 8.5%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Montgomery, AL metro have the highest rental yield?
- 36110 (Montgomery) at 22.5%, 36107 (Montgomery) at 17.9%, 36116 (Montgomery) at 11.1%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.