Real Estate Investing in Montgomery, Alabama (36111)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36111 (Montgomery, 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.
- High vacancy: 15.1% of homes vacant — above national norms.
- Elevated poverty: 22.7% poverty rate — can affect rent collection.
What’s happening in Montgomery, AL (36111)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 36111 Montgomery
ZIP 36111 in Montgomery, AL carries a substantial set of headwinds. Home values near $159K and rents of $1,264/mo sit inside a market where underwriting has to be tight.
Distressed markets are won on execution, not on spreadsheets. ZIP 36111 records the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.
ZIP 36111's metrics run below Montgomery County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Looking more closely, 12,196 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Strategically, 36111 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.
Here's what matters if you're considering buying a home in Montgomery:
Property Strategy for 36111
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $117,929 | $1,000 | 6.1% | +7.1% | $58,964 |
| 3BR | $131,644 | $1,280 | 7.0% | +7.0% | $43,881 |
| 4BR | $219,522 | $1,510 | 5.0% | +5.6% | $54,880 |
| 5BR | $402,916 | — | — | +4.5% | $80,583 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 36111 Compare?
| Metric | 36111 | Montgomery | Montgomery, AL | Alabama |
|---|---|---|---|---|
| Home Value | $158,981 | $46,686 | N/A | $231,003 |
| 5-Year CAGR | 5.2% | 3.0% | N/A | 5.6% |
| Avg Rent | $1,264 | $1,204 | N/A | - |
| Cap Rate | 6.2% | 10.2% | - | - |
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 36111 (Montgomery, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $158,981 |
| Monthly Rent | $1,264 |
| Price-to-Rent | 10.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 9.5% |
| Cap Rate | 6.2% |
| 5-Year IRR | 11.4% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +5.2% ▲ |
| 10-Year CAGR | +4.9% ▲ |
🏠 Rent Trends
| 1-Year | -9.8% ▼ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (6.2%). 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 36111
Population: 12,196
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 36111
Schools in This ZIP Code
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Forest Avenue Elementary School
Vaughn Road Elementary School
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 3,341 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How expensive is real estate in Montgomery, AL?
In Montgomery, AL the median home value sits at $159K. Against the broader AL market, that reads as reasonable for most investors.
What do rentals go for in Montgomery, AL?
Montgomery, AL rentals go for roughly $1,264/mo a month. That puts gross yield in solid territory relative to $159K acquisition costs.
What approach is best for Montgomery, AL real estate?
Montgomery, AL investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($159K prices, $1,264/mo rents) make it a reasonable choice.
Can owner-occupants cash flow in Montgomery, AL?
The house hack math a challenging in Montgomery, AL. Owner-occupant buyers benefit from the $1,264/mo rents and $159K home values.
Is Montgomery, AL good for landlords?
Montgomery, AL operates under AL law, which is landlord-friendly overall for landlords. Expect predictable treatment in typical lease and eviction cases.
You know 36111 now. You don’t know where it ranks.
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How 36111 ranks in Montgomery, AL
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