Direct recent-lease rent history
Monthly overall-rent index; missing observations are not filled from another geography.
Recent-lease rent$1,2042026-07 · +2.4% year over year
Rental vacancyn/an/a
Time on marketn/an/a
FIPS 01101 · population 226,718 · part of Montgomery, AL
The latest county-level Zillow ZORI is $1,364 per month in 2026-06. It is a typical asking-rent index across rental types—not an arithmetic average, signed lease or quote for one property.
| Bedrooms | HUD monthly FMR | Geography | Measurement boundary |
|---|---|---|---|
| Studio | $860 | Montgomery County, AL | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 1 bedroom | $870 | Montgomery County, AL | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 2 bedrooms | $1,016 | Montgomery County, AL | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 3 bedrooms | $1,304 | Montgomery County, AL | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
| 4 bedrooms | $1,537 | Montgomery County, AL | HUD administrative benchmark; compare with same-bedroom listings, never treat it as observed asking rent. |
Zillow asking rent, ACS gross rent and HUD FMR describe different housing universes. They remain separate and no metro, city or neighboring-county value replaces missing county evidence.Zillow pulled 2026-07-26 · HUD pulled 2026-07-26
Everything here joins on the county FIPS code, so each figure comes from the agency that publishes it with no name matching in between.
Zillow estimates a current home value. FHFA tracks repeat mortgage transactions. Their growth rates should be read side by side, not averaged.
Survey source: Census ACS 5-year — county housing value, tenure and stock · ACS 2024 5-year · pulled 2026-07-30. These values describe different housing universes and are not combined into gross yield.
Workplace source: BLS QCEW — county employment and wages · annual county employment and wages 2021-2025; latest 2025 vs 2024 · pulled 2026-08-02. QCEW counts covered jobs located in the county, not employed residents or the metro score’s CES/LAUS series.
BEA per-capita personal income divides all personal income by the county population. It is broader than wages, but it is not household income or a measure of what renters can afford.
HUD CHAS separates renter households by income relative to local HAMFI. Moderate burden means housing costs above 30% through 50% of income; severe burden means more than 50%.
These Apartment List observations match the exact county Census code 01101. They are kept separate from Zillow asking rent, Census occupied-home rent and wider metro measures.
Monthly overall-rent index; missing observations are not filled from another geography.
Montgomery County is a yield-led but softening-liquidity case. At Zillow’s 2026-06 county observation, the $167,405 median home value and $1,364 monthly median asking rent produce the stated 9.78% gross yield before vacancy, repairs, insurance, financing, or taxes. It warrants investigation by operators who can verify unit-level costs and lease demand; buyers depending on quick resale or uninterrupted tenant demand should be cautious. These are county metrics, not evidence that the county represents its metro.
Zillow’s home value rose 2.34% year over year and its asking rent rose 2.92%, but the rent is measured market rent whereas HUD FMR is a payment standard, not asking rent or a yield input. FHFA’s 2025 repeat-transaction HPI increased 1.42% year over year; it is an index rather than a home value and does not share Zillow’s observation period or method. The 0.41% effective property-tax rate is a carrying-cost input that narrows the meaning of gross rent-to-price yield.
Realtor.com’s 2026-06 MLS listing market shows more negotiation risk than a completed-sale trend: median listing price was down 1.71% year over year, active listings numbered 946, and 18.52% of listings had a price reduction. Listing price is an asking price, active listings are visible supply, and reductions are seller concessions; none establishes a closed-sale price or buyer demand on its own. Underwriting should therefore test the assumed exit price and marketing time at the property level.
In 2025, QCEW annual covered employment at county workplaces fell 0.45%; this is neither resident employment nor a forecast. Tax-return migration showed a net outflow of 1,107 households, with outbound movers’ average AGI $12,739 higher than inbound movers’; 419 investor purchases within 2,542 total purchases add buyer competition but do not establish rental demand. Inland flood is the dominant hazard, and the modeled annual climate-loss ratio is 0.14% of building value. Property-specific flood exposure, insurance, operating expenses, vacancy, lease comps, financing terms, and closed-sale data are not published; their absence prevents a net-yield calculation and asset-specific risk conclusion.
Open a five-digit report for asking rent, affordability, rent history and resale liquidity. Each row keeps its ZIP/ZCTA measurement scope.
| ZIP report | City label | Zillow rent | 1Y change | ACS burden 30%+ | Population |
|---|---|---|---|---|---|
| ZIP 36117 rental reportMontgomery County | Montgomery, AL | $1,430 | ▲ 2.6% | 43.4% | 53,172 |
| ZIP 36116 rental reportMontgomery County | Montgomery, AL | $1,413 | ▲ 7.1% | 51.7% | 45,250 |
| ZIP 36109 rental reportMontgomery County | Montgomery, AL | $1,284 | ▼ 0.5% | 54.0% | 23,581 |
Zillow ZORI is an asking-rent index. ACS burden and population describe the Census ZCTA; missing observations remain n/a.
Census-recognized incorporated places and CDPs that intersect this county. The list does not pretend to include every neighborhood or informal community.
Population is the total place-wide ACS estimate, not an allocated county share. A place crossing a county line is labelled explicitly. Source: Census ACS 5-year — cities and communities · ACS 2024 5-year · pulled 2026-07-30.
0.141% of building value expected lost per year
$702 median annual bill
4,601 in · 5,708 out
$56,135 arriving · $68,874 leaving
419 of 2,542 mortgages
Listing price is an asking price, not a closed sale. Quality-flagged county rows are withheld instead of displayed.
A metro is an average of these. Which side of a county line a property sits on can change the tax bill, the hazard profile and the tenant pool.
| County | Population | Price | Rent | Yield | Hazard |
|---|---|---|---|---|---|
| Montgomery County | 226,718 | $167k | $1,364 | 9.8% | inland flooding |
| Elmore County | 89,526 | $275k | $1,545 | 6.8% | inland flooding |
| Autauga County | 59,947 | $267k | $1,845 | 8.3% | inland flooding |
| Lowndes County | 9,833 | $144k | n/a | n/a | inland flooding |
No. It is based on the published median market asking rent; HUD FMR is a payment standard rather than a market-rent estimate.
No. It reports MLS listing-market conditions, including asking prices, visible inventory, and price reductions, rather than closed-sale prices.
No. Property-level flood data, insurance, vacancy, operating expenses, lease comparables, financing terms, and closed-sale evidence are not published.