How much is a home worth in ZIP code 36116?

The typical home in 36116 is worth $149,594, based on the Zillow Home Value Index.

Are home values rising in 36116?

Home values in 36116 are up 3.2% over the past year, and up 5.2% a year over five years.

What is the typical rent in 36116?

A typical home in 36116 rents for about $1,354 a month, a gross rental yield of 10.9%.

What is the property tax rate in 36116?

The effective property tax rate in 36116 is 0.4% — roughly $532 a year on a typical home.

ZIP code 36116 has a population of 45,250 and a median household income of $55,160.

HousingHandbookReference data

…

U.S. ZIP Code · AL36116

Montgomery County · Montgomery, AL

Typical home value

$149,594^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.2%
5-year / yr: +5.2%
10-year / yr: +4.5%

Relative price

vs U.S.: -47.3%
vs metro: -27.1%
vs state: -23.7%

Price history

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

The typical home in 36116 is worth $149,594 — 27.1% below the Montgomery, AL median. Over the past year, values have risen 3.2%. Homes here rent for a typical $1,354 a month — a 10.9% 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: $1,354^[2]
Gross yield: 10.9%^[2]
Cap rate: 6.5%^[2]

#Property tax

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

Effective tax rate: 0.4%^[3]
Typical annual tax: $532^[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: 45,250^[3]
Median household income: $55,160^[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: 14
Elementary: 7
Middle: 3
High: 3

Brewbaker Middle School
Middle · Grades 6–8 · Montgomery County
861 students
Brewbaker Primary School
Elementary · Grades PK–2 · Montgomery County
758 students
McKee Middle School
Middle · Grades 6–8 · Montgomery County
599 students
Brewbaker Technology Magnet High School
High · Grades 9–12 · Montgomery County
573 students
Brewbaker Intermediate School
Elementary · Grades 3–5 · Montgomery County
551 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.

Home value$Monthly rent$

Gross yield10.9%

Net yield (after ~40% expenses)6.5%

Annual rent$16,250

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.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$756

Loan principal$119,675

Down payment$29,919

Total interest paid$152,639

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.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.68

Monthly cost to own$926

Monthly rent$1,354

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: 65th percentile^[1]
Rental yield: 67th percentile^[2]
Property tax: 85th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

7th for most populous in ALView list →

Frequently asked

How much is a home worth in ZIP code 36116?: The typical home in 36116 is worth $149,594, based on the Zillow Home Value Index.
Are home values rising in 36116?: Home values in 36116 are up 3.2% over the past year, and up 5.2% a year over five years.
What is the typical rent in 36116?: A typical home in 36116 rents for about $1,354 a month, a gross rental yield of 10.9%.
What is the property tax rate in 36116?: The effective property tax rate in 36116 is 0.4% — roughly $532 a year on a typical home.
Who lives in 36116?: ZIP code 36116 has a population of 45,250 and a median household income of $55,160.

#Comparable ZIPs

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

36036 vs 36116 →
AL
Typical home
$153,354
Gross yield
—
36109 vs 36116 →
Montgomery, AL
Typical home
$154,273
Gross yield
10.0%
36785
White Hall, AL
Typical home
$142,764
Gross yield
—
36111
Montgomery, AL
Typical home
$159,572
Gross yield
10.0%
36032
Fort Deposit, AL
Typical home
$135,284
Gross yield
—
36047
AL
Typical home
$165,692
Gross yield
—

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#Jump to section

U.S. ZIP Code · AL36116

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