Montgomery, AL Real Estate

According to census data in the year 2000 there were 86,801 housing units in Montgomery. This represents a 13.3% growth from 76,636 in 1990.

Of those housing units, 84,510 were located in either urbanized areas or urban clusters, and 2,291 were located in what is classified as a rural area.

Homeownership rate in Montgomery is about 61.9%. Montgomery's vacancy rate, including seasonal lodging, is about 9.6%. Average household size is 2.44 people.

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


Housing Size

Housing Units by Size
Studio Type2%
One Bedroom12%
Two Bedrooms24.70%
Three Bedrooms44.30%
Four Bedrooms15.10%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1973
Median Value of occupied units$86,800
Median Price asked for vacant units$86,200

Rented Homes, Apartments and Condos

Average Household Size2.3
Median year structure was built1973
Median Monthly Rent asked for vacant units$395

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage7.50%
Home Equity Loan7.30%
Simple Mortgage59.40%
Debt Free25.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.8%