Montgomery, AL Real Estate
Montgomery is a city in Montgomery County, Alabama with a population of about 198,440. The median home value is near $148,500, and median rent runs around $1,059/mo.
Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.
Median Home Value
$148,500
Median Rent
$1,059/mo
Population
198,440
Median Income
$55,687
Median Age
36.2
Homeownership
54.3%
Monthly payment on a median Montgomery home
Example for a $148,500 home: 20% down, 30-yr at ~6.75%, AL property tax ~0.40%, 0.4% insurance.
Est. monthly (PITI)
$870
Principal & interest
$771
Property tax / mo
$50
Down payment (20%)
$29,700
Montgomery at a glance
- 19.4% of residents 25+ hold a bachelor's degree or higher.
- 54.3% of occupied homes are owner-occupied.
- Median household income is $55,687.
- Always verify the assigned school district, flood zone, and HOA for a specific address before signing.
Other Alabama cities
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