Home prices
The median home in Montgomery is valued at $121,200. In comparison to nearby areas this is roughly $82,100 (40%) lower.In comparison to the United States as a whole it is roughly $96,300 (44%) lower, and is roughly $30,100 (33%) higher compared to the city of Birmingham.
Rents
Montgomery's median rent is $881 a month. In comparison to the surrounding areas this is roughly $237 (21%) lower.In comparison to the country as a whole it is approximately $181 (17%) lower, and is about $44 (5%) higher in comparison to the city of Birmingham.
Nearby places
Pike Road
Pike Road is Montgomery's neighbor to the southeast. Housing prices there are significantly more expensive. The median home price in Pike Road is $300,000, which works out to $178,800 (59%) higher than Montgomery. Its rents are a bit more expensive. The median monthly rent in Pike Road is $1,239, which comes out to $358 (28%) higher than Montgomery.
Emerald Mountain
Emerald Mountain is about 11 miles northeast of Montgomery. The housing prices there are a lot more expensive. The median home in Emerald Mountain costs $245,700, which comes out to $124,500 (50%) higher than Montgomery. The rent there is a lot more expensive. The median monthly rent in Emerald Mountain is $1,583, which comes out to $702 (44%) higher than Montgomery.
Coosada
Coosada is approximately 11 miles north of Montgomery. The real estate prices there are a bit more expensive. The median home in Coosada costs $153,800, which works out to $32,600 (21%) higher than Montgomery. The rent there is a bit less expensive. The median monthly rent in Coosada is $771, which comes out to $110 (14%) lower than Montgomery.
Millbrook
Millbrook is roughly 12 miles northwest from Montgomery. The housing prices there are somewhat more expensive. The median home in Millbrook costs $154,300, which is $33,100 (21%) higher than Montgomery. Its rents are somewhat more expensive. The median monthly rent in Millbrook is $951, which works out to $70 (7%) higher than Montgomery.
Prattville
Prattville is approximately 13 miles northwest from Montgomery. The housing prices there are a little more expensive. Prattville's median home value is $162,700, which works out to $41,500 (25%) higher than Montgomery. Its rents are somewhat more expensive. The median rent in Prattville is $1,046 per month, which comes out to $165 (15%) higher than Montgomery.