Montgomery, AL
197,494Residents
$56,811Median household income
$1,089/moMedian gross rent
$161,900Median home value
36.6Median age
34%Adults with a bachelor’s degree or higher
54%Homes lived in by their owners
2.8×Home value to household income
Median rent takes about 23% of the median household income in Montgomery.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $44,000 a year. In Alabama that leaves roughly $2,963 a month after tax. See the full paycheck breakdown for $45,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.