Property Prices in Montgomery, AL, United States

Index Info
Price to Income Ratio: 1.95
Mortgage as Percentage of Income: 17.08%
Loan Affordability Index: 5.86
Price to Rent Ratio - City Centre: 6.60
Price to Rent Ratio - Outside of Centre: 9.16
Gross Rental Yield (City Centre): 15.15%
Gross Rental Yield (Outside of Centre): 10.91%
Rent Per Month
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1 Bedroom Apartment in City Centre 1,087.67 $ 900.00-1,264.00
1 Bedroom Apartment Outside of City Centre 781.33 $ 700.00-894.00
3 Bedroom Apartment in City Centre 1,484.33 $ 1,400.00-1,553.00
3 Bedroom Apartment Outside of City Centre 1,074.00 $ 950.00-1,272.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 129.69 $ 127.00-133.04
Price per Square Feet to Buy Apartment Outside of Centre 129.69 $ 127.00-133.04
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,586.40 $
Annual Mortgage Interest Rate (20-Year Fixed, in %) 6.26 6.00-6.70

These data are based on 34 entries from 7 contributors over the past 18 months.
Last update: 31 December 2025

Sources and References
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