Montgomery, AL · Alabama

Montgomery County

ZIP 36115

227,197 residents498 permits TTM$58,153 median HHI22 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$160,100

ACS 5-Year

Cap rate proxy

7.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.9%

HUD FMR ÷ ACS HHI

Net migration

+1.20%

IRS SOI

Permits (TTM)

498

Census BPS

Climate risk

91.8

FEMA NRI (0–100)

ZIP 36115

Median home value

$160,100

Gross yield

10.6%

Buy Box score

Section 8 gap

32.9%

Affordability

P/I: R/I:

Section 8 detail

SAFMR: $1,410Rent: $1,061Gap: 32.9%
ZIP code breakdown22 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
36110$160,100$9607.2%1.0-9.5%
36105$160,100$9307.0%1.0-12.3%
36104$160,100$9006.7%1.0-15.2%
36107$160,100$9006.7%1.0-15.2%
36116$160,100$1,0407.8%1.0-2.0%
36111$160,100$1,0007.5%0.9-5.7%
36109$160,100$1,0307.7%0.9-2.9%
36106$160,100$1,0708.0%0.70.8%
36108$160,100$9006.7%0.6-15.2%
36117$160,100$1,3009.7%0.622.5%
36036$160,100$9607.2%0.4-9.5%
36069$160,100$9006.7%0.3-15.2%
36064$160,100$1,44010.8%0.235.7%
36013$160,100$1,38010.3%30.1%
36052$160,100$1,1508.6%8.4%
36057$160,100$1,3009.7%22.5%
36101$160,100$9006.7%-15.2%
36112$160,100$1,2909.7%21.6%
36113$160,100$1,52011.4%43.3%
36114$160,100$1,0107.6%-4.8%
36115$160,100$1,41010.6%32.9%
36130$160,100$1,0107.6%-4.8%

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Demographics

Owner-occupied

57.7%

Census ACS

Vacancy rate

14.2%

Census ACS

Bachelor's degree +

34.3%

Census ACS

Rent burdened

47.3%

Census ACS (>30% income)

Median age

36.9

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 16, 2026