Most Affordable ZIP Codes in Montgomery, AL (2026)

The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.

# ZIP City Home value Rent Cap rate 5-yr growth
1 36105 1% rule Montgomery, AL $47,489 $1,019 16.73% 0.5%
2 36110 1% rule Montgomery, AL $52,080 $1,046 15.66% 2.9%
3 36108 1% rule Montgomery, AL $67,741 $810 9.33% 3.9%
4 36107 1% rule Montgomery, AL $68,511 $993 11.30% 1.7%
5 36032 Fort Deposit, AL $137,936 $810 4.58% 0.3%
6 36116 Montgomery, AL $149,708 $1,407 7.33% 5.0%
7 36036 Grady, AL $154,022 $864 4.38% 1.7%
8 36046 Lapine, AL $154,780 $810 4.08% 3.4%
9 36109 Montgomery, AL $155,697 $1,332 6.67% 4.6%
10 36111 Montgomery, AL $158,981 $1,264 6.20% 5.2%
11 36069 Ramer, AL $182,772 $810 3.46% 2.2%
12 36106 Montgomery, AL $196,803 $1,296 5.14% 4.4%
13 36078 Tallassee, AL $197,605 $810 3.20% 4.5%
14 36003 Autaugaville, AL $209,123 $810 3.02% 2.5%
15 36020 Coosada, AL $215,290 $846 3.07% 4.1%
16 36051 Deatsville, AL $222,421 $918 3.22% 4.7%
17 36054 Millbrook, AL $224,447 $1,438 5.00% 5.8%
18 36006 Billingsley, AL $234,652 $891 2.96% 6.0%
19 36092 Wetumpka, AL $236,140 $1,322 4.37% 6.1%
20 36067 Prattville, AL $241,771 $1,763 5.69% 5.2%
21 36043 Hope Hull, AL $243,887 $900 2.88% 3.3%
22 36025 Elmore, AL $245,580 $1,345 4.27% 5.7%
23 36117 Montgomery, AL $258,993 $1,427 4.30% 5.2%
24 36066 Prattville, AL $292,098 $1,779 4.75% 5.4%
25 36022 Deatsville, AL $299,323 $882 2.30% 6.1%

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Cash Flow in Montgomery, AL  ·  Appreciation in Montgomery, AL

Or see the full Montgomery, AL metro profile.