Find property management in Montgomery, AL
Learn what to look for, compare Montgomery management companies, and get free quotes.
The response from my new manager was super and I expect a great working relationship with her company. - Rhonda M.
Montgomery Property Managers (45)
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Market Info
Montgomery Management Companies
Are you looking for a professional property management company to oversee your home, condo, apartment building, commercial property or community association? Use our comprehensive directory of Montgomery property management companies to find and get quotes from multiple property managers in Montgomery, Alabama. You can also read our guide to hiring a property manager which covers everything from understanding the property management fee to breaking down property management contracts.
Housing Market Stats
Montgomery | Alabama | U.S. | |
---|---|---|---|
Median Home Value | $119,200 | $123,600 | $192,400 |
Owner Costs > 30% Income | 13% | 12% | 14.7% |
Gross Rent > 30% Income | 16.2% | 17.7% | 19.2% |
Montgomery Housing Market Stats
As of 2008, the rental vacancy rate in Montgomery stood at 10%, relatively high compared to the rest of the country. There are about 156,578 housing units, averaging $119,200 in value, 31% of which are occupied by renters. The rent to price ratio in Montgomery is 0.6%, slightly higher than the Alabama average. For 16% of Montgomery tenants, 30% or more of their income goes to paying rent.
Demographic Stats
Montgomery | Alabama | U.S. | |
---|---|---|---|
Avg Commute Time (minutes) | 22.1 | 21 | 25.3 |
Median Age | 35.4 | 35.8 | 36.7 |
Avg Household Size - Owners | 2.57 | 2.5 | 2.7 |
Avg Household Size - Renters | 2.44 | 2.26 | 2.42 |
Median Household Income | $46,087 | $41,451 | $52,175 |
Per Capita Income | $24,128 | $24,065 | $27,466 |
Montgomery Demographic Info
Montgomery has a population of 364,782, comprised of 137,895 households, with on average 3 members per household. Out of approximately 174,158 people in the civilian workforce, 161,699 (93%) were employed in 2008. 83% of the population 25 and older has earned a high school diploma, with 26% holding a 4 year college degree.