Montevallo, AL Real Estate

According to census data in the year 2000 there were 1,897 housing units in Montevallo. This represents a 45% growth from 1,308 in 1990.

Of those housing units, 1,556 were located in either urbanized areas or urban clusters, and 341 were located in what is classified as a rural area.

Homeownership rate in Montevallo is about 48.4%. Montevallo's vacancy rate, including seasonal lodging, is about 9.7%. Average household size is 2.32 people.

The majority of houses, apartments or condos in Montevallo were built after 1973.


Housing Size

Housing Units by Size
Studio Type0.40%
One Bedroom14.20%
Two Bedrooms33.80%
Three Bedrooms34.30%
Four Bedrooms14.80%
Five Bedrooms or more2.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.55
Median year structure was built1972
Median Value of occupied units$93,400
Median Price asked for vacant units$77,500

Rented Homes, Apartments and Condos

Average Household Size2.11
Median year structure was built1975
Median Monthly Rent asked for vacant units$386

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5%
Home Equity Loan4.10%
Simple Mortgage59.10%
Debt Free31.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.7%