Real Estate Investing in Athens, Alabama (35613)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35613 (Athens, AL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Athens, AL (35613)?
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Market Analysis: 35613 Athens
From an investor standpoint, ZIP 35613 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $351K median. It rewards specialists, not generalists.
Distressed markets are won on execution, not on spreadsheets. ZIP 35613 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
In the broader AL picture, 35613 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 35613 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
appears to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Athens:
Property Strategy for 35613
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $290,303 | $1,810 | 4.5% | +7.0% | $96,768 |
| 4BR | $401,486 | $2,250 | 4.0% | +7.6% | $100,371 |
| 5BR | $535,340 | — | — | +8.5% | $107,068 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 35613 Compare?
| Metric | 35613 | Athens | Huntsville, AL | Alabama |
|---|---|---|---|---|
| Home Value | $350,787 | $286,388 | N/A | $231,003 |
| 5-Year CAGR | 3.5% | 3.8% | N/A | 5.6% |
| Avg Rent | $1,893 | $1,427 | N/A | - |
| Cap Rate | 4.2% | 3.8% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35613 (Athens, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $350,787 |
| Monthly Rent | $1,893 |
| Price-to-Rent | 15.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.5% |
| Cap Rate | 4.2% |
| 5-Year IRR | 7.7% |
📈 Home Appreciation
| 1-Year | +2.5% ▲ |
| 3-Year CAGR | +1.1% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | +7.8% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 35613
Population: 24,175
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 35613
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 1,109 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is vacancy a concern in Athens, AL?
Rental vacancy in Athens, AL is elevated. Investors should budget normal turnover but not chronic empty units.
What kind of tenants rent in Athens, AL?
Tenant quality in Athens, AL ranks as solid. Landlords generally report reliable occupancy at market rents of $1,893/mo.
Is Athens, AL suited for a house hack?
For house hackers, Athens, AL is a challenging. The $1,893/mo rent on a unit helps defray the mortgage on a $351K property.
What is the typical rental rate in Athens, AL?
Investors in Athens, AL typically see rents near $1,893/mo per month against $351K home values - a solid setup for rental cash flow.
What are home prices like in Athens, AL?
The median home value in Athens, AL is roughly $351K. That puts it reasonable relative to the AL statewide average.
You know 35613 now. You don’t know where it ranks.
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How 35613 ranks in Huntsville, AL
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