Real Estate Investing in Huntsville, Alabama (35824)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 35824 (Huntsville, AL)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High price-to-rent: Price-to-rent ratio 26.2 — hard to cash-flow at these prices.
What’s happening in Huntsville, AL (35824)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 35824 Huntsville
ZIP 35824 in Huntsville, AL carries a sturdy set of headwinds. Home values near $391K and rents of $1,242/mo sit inside a market where underwriting has to be tight.
The investment case in 35824 is significant only for operators who understand what they are buying. A $391K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
Nearby ZIPs in Huntsville have seen price recovery that 35824 has not matched. Madison County data supports the view that the spread is structural rather than temporary.
The demographic picture in 35824 includes headwinds that any investor should price in. Income distribution skews lower than Huntsville averages, and tenant stability requires active management.
New investors are better served looking at Huntsville's stable or hybrid ZIPs before stepping into 35824. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Huntsville:
Property Strategy for 35824
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $318,874 | $1,920 | 4.3% | +6.6% | $106,291 |
| 4BR | $430,524 | $2,400 | 4.0% | +7.2% | $107,631 |
| 5BR | $557,337 | — | — | +7.7% | $111,467 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 35824 Compare?
| Metric | 35824 | Huntsville | Huntsville, AL | Alabama |
|---|---|---|---|---|
| Home Value | $390,957 | $137,420 | N/A | $231,003 |
| 5-Year CAGR | 3.6% | 3.4% | N/A | 5.6% |
| Avg Rent | $1,242 | $1,325 | N/A | - |
| Cap Rate | 2.5% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 35824 (Huntsville, AL). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 35824 (Huntsville, AL)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $390,957 |
| Monthly Rent | $1,242 |
| Price-to-Rent | 26.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +1.9% ▲ |
| 3-Year CAGR | +0.5% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +6.0% ▲ |
🏠 Rent Trends
| 1-Year | -18.6% ▼ |
| 3-Year CAGR | -6.2% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). 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 35824
Population: 9,690
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 35824
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 1,894 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong are rents in Huntsville, AL?
Rent in Huntsville, AL is around $1,242/mo. The resulting rent-to-value relationship with $391K pricing is reasonable for most investor models.
Are there empty rentals in Huntsville, AL?
Huntsville, AL carries elevated vacancy risk. Expect measured absorption at market rents of $1,242/mo.
Is Huntsville, AL a smart market for rental property?
Yes - Huntsville, AL a 3.0/5 investability score. With $391K home prices against $1,242/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is housing expensive in Huntsville, AL?
Expect median prices around $391K in Huntsville, AL. The market has run at a 0.0% 5-year CAGR, so entry costs have been predictable.
Does house hacking make sense in Huntsville, AL?
The a challenging house-hack environment in Huntsville, AL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
You know 35824 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 35824 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 35824 ranks in Huntsville, AL
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 35824 (Huntsville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 35824 (Huntsville, AL).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.