Housing market/Alabama/ZIP 36106

ACS 2023 · FY2027 SAFMR

ZIP 36106 Montgomery, Alabama

Montgomery, AL MSA · Alabama. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
14,612
Households
6,323
Median HH income
$71,202
Renter share
43.7%
Median gross rent
$1,138
Vacancy
12.6%
Pop. change
-3.2%
2BR SAFMR
$1,220
SAFMR / rent
1.072×
2–49 unit stock
1,872
LIHTC proj / units
4 / 314
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 36106 · AL — sent to you.

ZIP 36106 · AL

ACS median rent$1,138
2BR SAFMR$1,220
90% floor$1,098
110% ceiling$1,342

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 36106

  • 1-unit detached4,89567.6%
  • 1-unit attached2523.5%
  • 2–4 units4846.7%
  • 5–49 units1,38819.2%
  • 50+ units1882.6%
  • Mobile290.4%
TypeUnitsShare
1-unit detached4,89567.6%
1-unit attached2523.5%
2 units (duplex)1371.9%
3–4 units3474.8%
5–9 units87612.1%
10–19 units4956.8%
20–49 units170.2%
50+ units1882.6%
Mobile290.4%

2–4 unit share 6.7% · 5–49 unit share 19.2% · combined 2–49 25.9%.

Units by bedrooms

Studio
338
1BR
851
2BR
1,498
3BR
2,824
4BR
1,505
5+
220

Rent burden

Rent ≥30% of income34.7%
Rent ≥50% of income21.6%
  • ACS median gross rent $1,138 (all bedrooms, occupied rentals).
  • Median contract rent $876.
  • Renters paying ≥30% of income 34.7%; ≥50% 21.6%.
  • FY2027 2BR SAFMR $1,220 (1.072× ACS median gross rent).

Population

14,612 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.2%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 4 projects, 314 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 264 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 36106 43.7% of occupied households are renters; vacancy is 12.6%; ACS median gross rent is $1,138; population changed -3.2% between the 2018 and 2023 ACS vintages; the housing stock includes 484 units in 2–4-unit structures and 1,388 units in 5–49-unit structures; 4 LIHTC projects totaling 314 units; FY2027 2BR SAFMR is $1,220 versus ACS median gross rent of $1,138. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Alabama research

ZIP 36106 is a Census / HUD profile for Montgomery, AL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Alabama research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 36106?

ZIP 36106 (Montgomery, AL MSA) has 14,612 residents, 6,323 households, a renter share of 43.7%, median household income of $71,202, and ACS 2023 median gross rent of $1,138. Vacancy is 12.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 36106?

ACS counts 137 units in 2-unit buildings, 347 in 3–4 unit buildings, 876 in 5–9, 495 in 10–19, and 17 in 20–49. Combined 2–49 unit stock is 1,872 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 36106?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,220. See the full schedule and 90–110% payment-standard band on the ZIP 36106 — Montgomery, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 36106 is Census / HUD research for Montgomery, AL MSA. Jeff Crowe CRE does not list Alabama property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.