Real Estate Investing in Atmore, Alabama (36502)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 36502 (Atmore, 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.
- High vacancy: 17.4% of homes vacant — above national norms.
- Lower household income: $35,808 median — tenant affordability is tighter.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Atmore, AL (36502)?
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Market Analysis: 36502 Atmore
Not every below-median market is a bargain. Atmore's 36502 ZIP comes in at signals that favor experienced operators who can absorb the risk $158K pricing implies.
The investment case in 36502 is resilient only for operators who understand what they are buying. A $158K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 36502 and stronger Atmore ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
A resilient renter share of 36% in 36502 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
New investors are better served looking at Atmore's stable or hybrid ZIPs before stepping into 36502. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Atmore:
Property Strategy for 36502
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $124,572 | $1,120 | 6.5% | +10.5% | $62,286 |
| 3BR | $184,318 | $1,400 | 5.5% | +8.2% | $61,439 |
| 4BR | $250,993 | $1,780 | 5.1% | +8.6% | $62,748 |
Market Trends
Home Value History (with trend line)
📊 How Does 36502 Compare?
| Metric | 36502 | Atmore | Atmore, AL | Alabama |
|---|---|---|---|---|
| Home Value | $158,443 | $79,222 | N/A | $231,003 |
| 5-Year CAGR | 3.9% | 3.9% | N/A | 5.6% |
| Avg Rent | $1,008 | $1,008 | N/A | - |
| Cap Rate | 5.0% | 5.0% | - | - |
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 36502 (Atmore, AL). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $158,443 |
| Monthly Rent | $1,008 |
| Price-to-Rent | 13.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.6% |
| Cap Rate | 5.0% |
| 5-Year IRR | 8.8% |
📈 Home Appreciation
| 1-Year | +6.2% ▲ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 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 (5.0%). 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 36502
Population: 16,008
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 36502
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.
Frequently Asked Questions
What is the renter demographic in Atmore, AL?
Tenant quality in Atmore, AL ranks as solid. Landlords generally report steady occupancy at market rents of $1,008/mo.
What is the smart move for investors in Atmore, AL?
In Atmore, AL the durable play is typically careful cash-flow rentals with hands-on management. The combination of $158K prices and $1,008/mo rents suits that approach.
What price range are homes in Atmore, AL?
Median home price in Atmore, AL is near $158K, with a 5-year CAGR of 0.0%. Prices have been consistent and supportive of buy-and-hold strategies.
Does a duplex house hack pencil in Atmore, AL?
The a challenging house-hack environment in Atmore, AL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.
How strict are landlord regulations in Atmore, AL?
Rental owners in Atmore, AL deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.
You know 36502 now. You don’t know where it ranks.
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