Real Estate Investing in Wetumpka, Alabama (36093)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36093 (Wetumpka, AL)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Wetumpka, AL (36093)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 36093 Wetumpka
ZIP 36093 inside Elmore County looks affordable on the surface — median value of $343K — but the discount exists for reasons that a careful buyer should understand before committing.
Stepping back, the numbers look inviting — $343K purchase price, 0.0% nominal cap — the work to hit that pro forma in 36093 is substantial and deserves full respect.
Statewide comparisons place 36093 among AL's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The 36093 ZIP's population of 11,699 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that comes in at the need for careful underwriting.
Experienced landlords with local relationships tend to find 36093 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Wetumpka:
Property Strategy for 36093
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 3BR | $287,876 | $1,320 | 3.3% | +7.5% | $95,959 |
| 4BR | $368,868 | $1,680 | 3.3% | +6.8% | $92,217 |
| 5BR | $487,566 | — | — | +7.4% | $97,513 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 36093 Compare?
| Metric | 36093 | Wetumpka | Montgomery, AL | Alabama |
|---|---|---|---|---|
| Home Value | $342,885 | $289,513 | N/A | $231,003 |
| 5-Year CAGR | 5.7% | 5.9% | N/A | 5.6% |
| Avg Rent | $1,900 | $1,611 | N/A | - |
| Cap Rate | 4.3% | 4.3% | - | - |
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 36093 (Wetumpka, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $342,885 |
| Monthly Rent | $1,900 |
| Price-to-Rent | 15.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.7% |
| Cap Rate | 4.3% |
| 5-Year IRR | 10.0% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +3.9% ▲ |
| 5-Year CAGR | +5.7% ▲ |
| 10-Year CAGR | +5.0% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.3%). 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 36093
Population: 11,699
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 36093
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 2,851 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much is rent in Wetumpka, AL?
Rents in Wetumpka, AL run near $1,900/mo. Compared with median home prices of $343K that produces solid gross yields for typical rentals.
Is it easy to find good tenants in Wetumpka, AL?
Tenant demand in Wetumpka, AL is solid. The local workforce $1,900/mo rents across most rental classes.
How high is vacancy risk in Wetumpka, AL?
Wetumpka, AL carries elevated vacancy risk. Expect steady absorption at market rents of $1,900/mo.
Can I live-in-and-rent in Wetumpka, AL?
House hacking in Wetumpka, AL is a challenging. With home values around $343K and rents at $1,900/mo, owner-occupants can offset a meaningful share of PITI.
Is real estate in Wetumpka, AL a good investment right now?
Wetumpka, AL scores 3.0/5 for investability. Home values sit at $343K and rents near $1,900/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
You know 36093 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 36093 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 36093 ranks in Montgomery, AL
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