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Montgomery, AL

Full City Profile · Alabama · Montgomery County County

3.2 /5.0
B Good
198,440 Population 1,241/sq mi density
$55,687 Median Income $32,068 per capita
$148,500 Home Value $147,533 Zillow
$1,059 Median Rent 31.0% income on rent
67°F Avg Temperature 310 sunny days/yr
522 Violent Crime/100K 4,508 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$55,687 median income, 3.8% unemployment
A+
Affordability
5.0 / 5.0
$148,500 home value, $1,059/mo rent
F
Safety
1.0 / 5.0
522 violent crimes/100K (37% above avg)
B+
Education
3.7 / 5.0
33.5% bachelor's degree or higher

Housing Overview

Median Home Value
$148,500
47% below
US avg: $281,900
Median Rent
$1,059/mo
9% below
US avg: $1,163/mo
Homeownership Rate
54.3%
17% below US avg (65.4%)
Total Housing Units
93,743
Median year built: 1978

Home Value by Source

Census Median
$148,500
Zillow (ZHVI)
$147,533
Median Sale Price
$174,700
Median List Price
$179,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

54.3%
Owner-Occupied
45.7%
Renter-Occupied
54%
46%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$860/mo
1 Bedroom
$870/mo
2 Bedroom
$1,016/mo
3 Bedroom
$1,304/mo
4 Bedroom
$1,537/mo
Census median rent: $1,059/mo · Zillow rent: $1,317/mo

Market Indicators (Redfin)

Median Days on Market
87 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
138
Price Drops
21.4%
of listings with price reduction
Price Per Sq Ft
$104
Active Inventory
889
homes for sale

Affordability & Housing Stock

Rent Burden
31.0%
of renters spending 30%+ of income on housing
0% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
54.3%

Complete Housing Data

Home Values

Census Median Value$148,500
Zillow Home Value (ZHVI)$147,533
Median Sale Price$174,700
Median List Price$179,900
Price Per Sq Ft$104

Rent

Census Median Rent$1,059
Zillow Rent (ZORI)$1,317
FMR Studio$860
FMR 1-Bedroom$870
FMR 2-Bedroom$1,016
FMR 3-Bedroom$1,304
FMR 4-Bedroom$1,537

Market

Days on Market87
Sale-to-List Ratio1.0%
Price Drops21.4%
Homes Sold138
Active Inventory889
Price Per Sq Ft$104

Ownership & Stock

Owner-Occupied54.3%
Renter-Occupied45.7%
Homeownership Rate54.3%
Total Housing Units93,743
Median Year Built1978
Rent Burden31.0%