How much does it cost to rent in Montgomery, AL?

As of July 2026, the median monthly rent in Montgomery, AL is $1,343. This figure is based on aggregated data from public sources and community-submitted rents.

Is Montgomery cheaper than other Alabama cities?

Montgomery is among the more affordable cities in Alabama, ranking #50 out of 70 cities at $1,343/mo.

When was Montgomery rent data last updated?

Montgomery rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · AL

Montgomery

Name: Average Rent Prices in Montgomery, AL
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 197,494·50th most expensive in Alabama·One of the most affordable rental markets in the US

Median rent (all units)

$1,343/mo

Year-over-Year

+4.3%

Month-over-Month

+2.6%

vs US Median

-$622

Rising (Monthly)

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Most AffordableMost Expensive

Montgomery · $1,343

More affordable than 85% of US cities · National median $1,965/mo

Rent Reality Score

42/100

Fairly priced

OverheatedFairGreat value

Rents are 4% above what Montgomery's 10-year trend predicts — running hotter than its own history.

Actual rent

$1,343/mo

Expected by trend

$1,289/mo

The Rent Reality Score compares today's median rent to where Montgomery's own long-run trajectory projects it should be. See the full rankings →

Medians by bedroom

Rent by unit size

Studio

$829

1 BR

$878

2 BR

$1,045

3 BR

$1,327

4 BR+

$1,659

Research median

$1,045/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost

$16,116/yr

At $1,343/mo median

Rent Market Meter

Strong Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are up 4.3% year-over-year. Expect competition, and move quickly to lock in terms.

Based on rent-price momentum (+4.3% YoY, +2.6% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Montgomery, AL is roughly split between renters and owners, has a median income below the national average, 33.8% of residents hold a bachelor's degree or higher.

Population

197,494

Median income

$56,811

Median age

36.6

Renters

45.6%

Age distribution

24%

24.2%

24%

16%

Under 1824%

18–3424.2%

35–5424%

55–6411.8%

65+16%

Gender

46.5%

53.5%

Male46.5%

Female53.5%

Race & ethnicity

26.6%

63.1%

White26.6%

Black63.1%

Hispanic4.9%

Asian3.4%

Other2%

Education (25+)

26.6%

28.8%

33.8%

No HS diploma10.8%

HS diploma26.6%

Some college28.8%

Bachelor's+33.8%

Housing tenure

54.4%

45.6%

Owner54.4%

Renter45.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Montgomery, AL has changed in 5 years

Rent

$967 → $1,343

up 38.9%

Income

$49,989 → $56,811

up 13.6%

Population

201,022 → 197,494

down 1.8%

Renter share

46.5% → 45.6%

-0.9 pts

Bachelor's+

33% → 33.8%

+0.8 pts

Median age

36.1 → 36.6

+0.5 yrs

Compared with 2021, rent in Montgomery, AL has climbed by $376 per month, settling near $1,343 after starting the period at $967. Household income in the area moved from $49,989 to $56,811 across the same window, up 13.6% versus 2021. Rent outpaced income growth by roughly 25.3 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 201,022 to 197,494 between 2021 and 2024, a 1.8% change. Reading these numbers side by side helps frame whether current listings in Montgomery, AL look reasonable against where the market sat half a decade ago.

Community

Discussions about Montgomery

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View Montgomery rent history (2015–2026) →

Salary vs rent

Can you afford rent in Montgomery on your salary?

At $1,343/mo, how Montgomery rent compares to typical pay (30% rule).

Registered Nurse

Avg $81,253/yr · Rent = 19.8% income

very comfortable

Elementary School Teacher

Avg $57,689/yr · Rent = 27.9% income

affordable

Police Officer

Avg $66,452/yr · Rent = 24.3% income

affordable

Software Developer

Avg $118,775/yr · Rent = 13.6% income

very comfortable

Lawyer

Avg $151,764/yr · Rent = 10.6% income

very comfortable

Firefighter

Avg $54,017/yr · Rent = 29.8% income

affordable

Truck Driver

Avg $48,771/yr · Rent = 33% income

stretched

Electrician

Avg $60,114/yr · Rent = 26.8% income

affordable

By apartment size

Montgomery rent by bedroom count

Median rent for each apartment size in Montgomery. Click any size for full breakdown.

Local insights

Tips for renters in Montgomery

About renting in Montgomery, AL

Last updated: July 20, 2026

The median rent in Montgomery is $1,343/mo as of July 2026. A studio apartment averages $829/mo while a 2-bedroom runs $1,045/mo. One-bedroom apartments average $878/mo and 3-bedroom units go for $1,327/mo.

At 28% of local median household income ($56,811/yr), Montgomery ranks as affordable compared to the national benchmark of 30%. Rents have increased 4.3% over the past year.

FAQ

Frequently asked questions

Is Montgomery an affordable city for renters?

Montgomery is considered affordable for renters. At $1,343/mo, rent takes approximately 28% of the local median household income ($56,811/yr). The standard benchmark is 30%. Montgomery falls comfortably within that range.

How much income do you need to rent in Montgomery?

To keep rent at or below 30% of gross income, you would need to earn at least $54,000/year (~$26/hour full-time) to afford the median rent of $1,343/mo in Montgomery. The local median household income is $56,811/yr, meaning the typical Montgomery household meets that threshold.

Is rent going up or down in Montgomery?

Rent in Montgomery has increased 4.3% over the past year as of July 2026, putting upward pressure on renter budgets.

Which Montgomery neighborhoods have the lowest rent?

The most affordable ZIP codes in Montgomery are 36108 ($900/mo), 36107 ($1,004/mo), and 36105 ($1,019/mo). Citywide, the median rent in Montgomery is $1,343/mo.

How does Montgomery rent compare to other cities in Alabama?

Montgomery is one of the more affordable cities in Alabama for rent, ranking #50 out of 70 tracked cities at $1,343/mo.

Which nearby cities are cheaper to rent in than Montgomery?

Troy is nearby and more affordable at $1,017/mo, which is $326 less than Montgomery.

What percentage of Montgomery residents rent vs. own?

According to Census data, approximately 45.6% of Montgomery households are renters, while 54.4% are owner-occupied. Montgomery leans toward homeownership, which can mean a smaller rental inventory.

How does Montgomery rent compare to the national average?

Montgomery's median rent of $1,343/mo is $622 (32%) below the US national median of $1,965/mo. Within Alabama, it ranks #50 out of 70 tracked cities.

Income Affordability

28%

AFFORDABLE

At $1,343/mo, rent takes ~28% of Montgomery's median household income ($56,811/yr). The standard benchmark is 30%.

Montgomery 28%Benchmark 30%

State income tax2–5%

Run the Montgomery affordability calculator →

Nearby cities