Montgomery, AL

Metro area in Alabama · Updated Jan 2026

12-Month Forecast ↑ +0.9%

Median Home Value

$204,707

↑ +2.4%

Year-over-year

Median Rent

$1,375/mo

↑ +3.3%

Year-over-year

Rental Yield

8.1%

Excellent for investors

5-Year Appreciation

+31.1%

Income Needed to Buy

$51,908

20% down, 30% DTI max

Active Listings

1,488

For-sale inventory

Price-to-Rent Ratio

12.4

Favors buying

Price Forecast

1 Month

↑ +0.3%

3 Months

↑ +0.7%

12 Months

↑ +0.9%

5-Year Price Trend

Calculate your mortgage for Montgomery, AL

See monthly payments for a $204,707 home →

Should you rent or buy in Montgomery, AL?

Price-to-rent ratio: 12.4x — Buying likely wins. Run a full breakeven analysis with Montgomery, AL numbers pre-filled →

Frequently Asked Questions