Is Montgomery, AL a good place to invest in rental property?

Montgomery, AL has a median modeled monthly cash flow of $-22 and a median cap rate of 6.2%, on a median sold price of $193,750. Prices changed -0.9% year over year.

What is the average cap rate in Montgomery, AL?

The median cap rate across recently sold homes in Montgomery, AL is 6.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Montgomery, AL?

The median sold price in Montgomery, AL is $193,750 (about $109 per square foot).

Investing in Montgomery, AL Real Estate

A data-driven snapshot of the Montgomery, AL rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$193,750Median sold price

$109Median $/sqft

6.2%Median cap rate

$-22Modeled cash flow / mo

-0.9%Appreciation YoY

11.6Months of supply

2,107Active listings

2,184Sold (last 12 mo)

What the Montgomery numbers say

In Montgomery, AL, the median home sold for $193,750 (about $109 per square foot), and the typical deal models out to a 6.2% cap rate with a median $-22 of monthly cash flow. Sold prices moved -0.9% over the past year. Inventory sits at about 11.6 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 5 fix-and-flip deals in Montgomery — listings where the estimated after-repair value beats list price + rehab.

Other Alabama markets to compare

See Montgomery cash-flowing listings

CashFlowRE ranks every for-sale home in Montgomery, AL by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Montgomery deals, or browse the national market data.