Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
•11 min read
What to Know About
Life in Montgomery & Beyond
Montgomery shares many of the great qualities that make Alabama a desirable place to live.
Alabama has enchanting small towns and breathtaking landscapes, where rolling hills and pristine Gulf Coast beaches beckon. Discover the state's rich heritage by visiting the Birmingham Civil Rights Institute and the Alabama Museum of Natural History, or attain a quality education at prestigious institutions such as the University of Alabama or Auburn University. In addition, industries such as manufacturing, agriculture, and aerospace also drive Alabama's economy.
Alabama boasts an impressive array of renowned attractions, including the exhilarating Civil Rights Trail, the legendary Robert Trent Jones Golf Trail, the formidable USS Alabama Battleship Memorial Park, and the historic town of Selma. Outdoor enthusiasts will be in paradise with many activities to choose from, including exploring the Gulf State Park or hiking the rugged mountains.
With its vibrant culture, thriving economy, and rich history, Alabama is perfect for those seeking a unique blend of urban and southern living. Be captivated by Alabama's charm, irresistible landscapes, and unparalleled quality of life. Alabama is a great place to live for those looking to experience the best of southern living.
Rental Market Trends
Montgomery, AL
As of June 2026, Montgomery's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Montgomery's average rent is 2.3% ($26) higher than the Alabama average of $1,130 and 35.7% ($641) lower than the U.S. average of $1,797.
Average Rent
$1,156
Monthly ChangeMonth Over Month Change
2% ($24)
Yearly ChangeYear Over Year Change
4.6% ($51)
Avg. Days on MarketAverage Days on Market
32
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $869 | 4.9% ($45) | 10.6% ($83) |
| 2 Beds | $1,071 | 8.1% ($95) | 16.7% ($153) |
| 3 Beds | $1,391 | 0.4% ($5) | 17.1% ($203) |
| Nearby Cities | Average Rent | Avg. Rent vs. MontgomeryAverage Rent vs. Montgomery | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Millbrook | $1,467 | 26.9% ($311) | 38 days |
| Prattville | $1,162 | 0.5% ($6) | 38 days |
| Wetumpka | $1,262 | 9.2% ($106) | 38 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Montgomery Rental Market FAQs
Explore rental prices, market trends, and availability in Montgomery, AL.
The average rent in Montgomery, AL is $1,156 per month.
Homes in Montgomery typically rent for between $608 and $1,808 per month, with an average of $1,156 per month.
In Montgomery, the average rent for a 1-bedroom home is $869 per month, for a 2-bedroom home, $1,071 per month, and a 3-bedroom home is $1,391 per month.
The average rent in Montgomery is 35.7% ($641) lower than the national average of $1,797 per month.
The average rent in Montgomery has decreased by 2.0% ($24) in the last month and increased by 4.6% ($51) over the past year.
The rental market in Montgomery, AL, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Montgomery, AL, the average rental stays on the market for approximately 32 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 189 rental properties available in Montgomery, AL.
Based on the current averages, a household would need an annual income of $42,840 to comfortably afford a 2-bedroom home in Montgomery.
