HousingHandbookReference data

U.S. ZIP Code · AL36104

Montgomery County · Montgomery, AL

Typical home value

$64,656[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-6.3%
5-year / yr
-2.8%
10-year / yr
-2.8%

Relative price

vs U.S.
-77.2%
vs metro
-68.5%
vs state
-67.0%
ZIP 36104 location in AL
Location of ZIP 36104 in AL

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 36104 is worth $64,656 — 68.5% below the Montgomery, AL median. Over the past year, values have fallen 6.3%. Homes here rent for a typical $1,453 a month — a 27.0% gross rental yield. The effective property tax rate is 0.4%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,453[2]
Gross yield
27.0%[2]
Cap rate
16.2%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.4%[3]
Typical annual tax
$244[3]

#Climate risk

FEMA National Risk Index ratings for Montgomery County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
Relatively Low
Heat wave
Relatively High
Hurricane
Relatively Moderate
Tornado
Relatively High
Earthquake
Relatively Moderate
Winter weather
Relatively Low

#Who lives here

Population
10,535[3]
Median household income
$33,823[3]

#Migration

Household moves in and out of Montgomery County over a year, from IRS tax-return data.

Net migration
-1,096[5]
Moved in
4,695
Moved out
5,791

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • Lanier Senior High School

    High · Grades 10–12 · Montgomery County

    517 students

  • Baldwin Art And Academics Magnet

    Middle · Grades 6–8 · Montgomery County

    507 students

  • Nixon Elementary School

    Elementary · Grades PK–5 · Montgomery County

    445 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield27.0%
Net yield (after ~40% expenses)16.2%
Annual rent$17,433

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$327
Loan principal$51,725
Down payment$12,931
Total interest paid$65,973

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio0.28
Monthly cost to own$401
Monthly rent$1,453

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
0th percentile[1]
Rental yield
100th percentile[2]
Property tax
88th percentile[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 36104?
The typical home in 36104 is worth $64,656, based on the Zillow Home Value Index.
Are home values rising in 36104?
Home values in 36104 are down 6.3% over the past year, and down 2.8% a year over five years.
What is the typical rent in 36104?
A typical home in 36104 rents for about $1,453 a month, a gross rental yield of 27.0%.
What is the property tax rate in 36104?
The effective property tax rate in 36104 is 0.4% — roughly $244 a year on a typical home.
Who lives in 36104?
ZIP code 36104 has a population of 10,535 and a median household income of $33,823.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Montgomery, AL

    Typical home
    $69,940
    Gross yield
    18.0%
  • Montgomery, AL

    Typical home
    $70,702
    Gross yield
  • Montgomery, AL

    Typical home
    $55,895
    Gross yield
    21.3%
  • Montgomery, AL

    Typical home
    $51,147
    Gross yield
    25.4%
  • Fort Deposit, AL

    Typical home
    $135,284
    Gross yield
  • White Hall, AL

    Typical home
    $142,764
    Gross yield

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