What is the median home value in Mobile County, AL?

The median home value in Mobile County, AL is $176,600, according to the latest Census ACS 5-Year Estimates.

What is the cap rate in Mobile County, AL?

The cap rate proxy in Mobile County, AL is 7.4% (estimated from HUD Fair Market Rent and Census home values with a 35% expense ratio). This is above average for cash-flow investors.

How much new construction is happening in Mobile County, AL?

Mobile County has 413,162 residents and issued 1,058 building permits over the trailing twelve months, according to the Census Building Permits Survey.

Mobile, AL · Alabama

Mobile County

413,162 residents1,058 permits TTM$58,119 median HHI38 ZIP codesUpdated April 28, 2026

Investor first look

Median home value

$176,600

ACS 5-Year

Cap rate proxy

7.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.1%

HUD FMR ÷ ACS HHI

Net migration

+0.71%

IRS SOI

Permits (TTM)

1,058

Census BPS

Climate risk

98.0

FEMA NRI (0–100)

ZIP code breakdown38 ZIP codes

ZIP	Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
36617	$54,347	$1,140	25.2%	21.3%	10.4%
36610	$33,707	$900	32.0%	32.1%	-13.4%
36611	$106,217	$1,040	11.7%	11.5%	1.8%
36603	$62,523	$900	17.3%	18.9%	-13.4%
36560	$96,130	$1,000	12.5%	11.8%	-2.1%

Ranked by composite score

Median home value	Rent (FMR 2BR)	Gross yield	Cap rate	Rent gap
$59,634	$900	18.1%	18.9%	-13.4%
$85,599	$1,100	15.4%	16.6%	-12.6%
$90,525	$900	11.9%	13.4%	-13.4%
$136,841	$1,020	8.9%	10.8%	-23.2%
$112,740	$1,050	11.2%	10.8%	2.8%
$200,248	$960	5.8%	9.3%	-64.1%
$144,255	$1,230	10.2%	8.3%	17.0%
$148,256	$1,120	9.1%	8.0%	8.8%
$171,198	$1,190	8.3%	7.9%	4.9%
$220,543	$1,140	6.2%	7.5%	-21.9%
$164,747	$900	6.6%	7.2%	-13.4%
$176,600county est.	$1,240	8.4%	6.9%	17.7%
$176,600county est.	$1,180	8.0%	6.9%	13.5%
$176,600county est.	$1,080	7.3%	6.9%	5.5%
$176,600county est.	$1,040	7.1%	6.9%	1.8%
$176,600county est.	$1,000	6.8%	6.9%	-2.1%
$176,600county est.	$980	6.7%	6.9%	-4.2%
$274,133	$1,270	5.6%	6.7%	-21.2%
$193,296	$950	5.9%	6.6%	-15.4%
$236,738	$1,240	6.3%	6.6%	-7.1%
$182,501	$900	5.9%	6.6%	-13.4%
$233,946	$1,080	5.5%	6.5%	-18.1%
$199,703	$1,090	6.5%	6.2%	3.7%
$196,029	$990	6.1%	6.1%	-3.1%
$319,701	$1,020	3.8%	6.0%	-61.6%
$203,765	$1,440	8.5%	5.9%	29.1%
$210,191	$1,130	6.5%	5.8%	9.7%
$209,024	$1,020	5.9%	5.7%	-0.1%
$209,491	$940	5.4%	5.7%	-8.6%
$212,718	$1,080	6.1%	5.7%	5.5%
$235,043	$1,330	6.8%	5.2%	23.2%
$238,825	$1,150	5.8%	5.1%	11.2%
$455,954	$1,480	3.9%	2.7%	31.0%

Demographics

Owner-occupied

64.9%

Census ACS

Vacancy rate

13.4%

Census ACS

Bachelor's degree +

25.2%

Census ACS

Rent burdened

47.8%

Census ACS (>30% income)

Median age

38.4

Census ACS

Data sources

U.S. Census Bureau — American Community Survey 5-Year Estimates

U.S. Census Bureau — Building Permits Survey

U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)

Internal Revenue Service — Statistics of Income Migration Data

FEMA — National Risk Index

Last updated: April 28, 2026

Mobile County

See all 38 ZIPs ranked by yield and cap rate