Montgomery appears affordable relative to its own citywide benchmarks: the median gross rent of $1,089 per month is below the uniform non-housing calculator baseline of $1,250 per month, and the median household income of $56,811 supports this rent level without exceeding typical affordability thresholds. However, affordability depends on individual circumstances and cannot be universally applied.
Montgomery at a glance
What the default budget models
A one-person renting household begins with a modeled annual core-cost baseline of $28,068. It combines the ACS median gross-rent estimate with a uniform $1,250 monthly non-housing baseline. State income tax is excluded until a current official reference is approved; the calculator labels that limitation instead of guessing.
| 2024 ACS population estimate | 197,494 |
| 2024 ACS median household income | $56,811 |
| 2024 ACS median gross rent | $1,089 |
| 2024 ACS median owner-occupied home value | $161,900 |
| Derived one-way commute estimate | 22 minutes |
| State-tax treatment | Excluded — official reference pending |
| Rent-to-income reference | 23% |
The trade-off
Relative strength: Median rent is below the model’s non-housing baseline.. Watch closely: lower rent may reflect trade-offs in housing quality, age, or location within the city..
Compare Montgomery
Frequently asked questions
Is rent in Montgomery, Alabama affordable for residents?
Based on 2024 ACS data, the median gross rent of $1,089 is below the model’s uniform non-housing baseline of $1,250, suggesting rent is affordable relative to this benchmark. However, this does not guarantee affordability for all households, as individual incomes and expenses vary.
How does Montgomery’s median home value compare to its rent and income?
The median owner-occupied home value is $161,900, while median gross rent is $1,089/month and median household income is $56,811/year. These figures suggest a price-to-rent ratio consistent with moderate home values, but the ACS does not establish causality or neighborhood-specific conditions.
Source ledger
Every production input below is retained with its publisher and dataset. The ACS figures are five-year estimates, not live listings or guarantees.
- PopulationU.S. Census Bureau · 2024 ACS 5-Year B01003
- Median household incomeU.S. Census Bureau · 2024 ACS 5-Year B19013
- Median gross rentU.S. Census Bureau · 2024 ACS 5-Year B25064
- Median owner-occupied home valueU.S. Census Bureau · 2024 ACS 5-Year B25077
- Commute-time distributionU.S. Census Bureau · 2024 ACS 5-Year B08303
Interpretation: The ACS 2024 five-year estimates generally summarize observations across 2020–2024. The commute number is a weighted midpoint estimate from table B08303. State income tax is not included in the modeled take-home result. Verify a current address, quote, commute, and tax situation before making a decision.