Alabama — Rental Investment Markets
All Alabama metros ranked by cap rate. Median cap rate: 4.1%, median home price: $216,968.
Median Cap Rate
4.1%
Median Home Price
$216,968
Median Rent
$1,280/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | Prichard, AL | 16.8% | +$549/mo | $63,261 | $1,190/mo | 🟢 STRONG |
| 2 | Bessemer, AL | 10.5% | -$48/mo | $173,245 | $1,365/mo | 🟢 STRONG |
| 3 | Birmingham, AL | 8.4% | +$199/mo | $136,372 | $1,400/mo | 🟢 STRONG |
| 4 | Montgomery, AL | 7.4% | +$133/mo | $142,764 | $1,290/mo | 🟢 GOOD |
| 5 | Pickens County, AL | 6.9% | +$58/mo | $142,237 | $1,200/mo | 🟢 GOOD |
| 6 | Gadsden, AL | 6.7% | +$14/mo | $137,255 | $1,145/mo | 🟢 GOOD |
| 7 | Cottondale, AL | 6.6% | +$34/mo | $162,867 | $1,380/mo | 🟢 GOOD |
| 8 | Fayette, AL | 6.4% | +$0/mo | $139,937 | $1,150/mo | 🟢 GOOD |
| 9 | Pansey, AL | 6.4% | +$2/mo | $150,515 | $1,240/mo | 🟢 GOOD |
| 10 | Millport, AL | 6.2% | -$18/mo | $142,529 | $1,150/mo | 🟢 GOOD |
| 11 | Plantersville, AL | 6.0% | -$46/mo | $162,640 | $1,280/mo | 🟢 GOOD |
| 12 | Brookwood, AL | 6.0% | -$53/mo | $179,471 | $1,410/mo | 🟢 GOOD |
| 13 | Maplesville, AL | 5.9% | -$71/mo | $178,500 | $1,380/mo | 🟡 MODERATE |
| 14 | Calera, AL | 5.8% | -$125/mo | $255,876 | $1,950/mo | 🟡 MODERATE |
| 15 | Columbia, AL | 5.7% | -$89/mo | $166,565 | $1,260/mo | 🟡 MODERATE |
| 16 | Eufaula, AL | 5.5% | -$121/mo | $161,556 | $1,180/mo | 🟡 MODERATE |
| 17 | Piedmont, AL | 5.4% | -$131/mo | $161,781 | $1,170/mo | 🟡 MODERATE |
| 18 | Fosters, AL | 5.4% | -$154/mo | $188,375 | $1,360/mo | 🟡 MODERATE |
| 19 | Anniston, AL | 5.3% | -$182/mo | $199,721 | $1,420/mo | 🟡 MODERATE |
| 20 | Citronelle, AL | 5.2% | -$170/mo | $170,065 | $1,190/mo | 🟡 MODERATE |
| 21 | Phenix City, AL | 5.0% | -$228/mo | $193,250 | $1,310/mo | 🟡 MODERATE |
| 22 | Gordo, AL | 5.0% | -$202/mo | $172,345 | $1,170/mo | 🟡 MODERATE |
| 23 | Mobile, AL | 5.0% | -$242/mo | $203,599 | $1,455/mo | 🟡 MODERATE |
| 24 | Tuscaloosa, AL | 4.9% | -$229/mo | $183,772 | $1,470/mo | 🟡 MODERATE |
| 25 | Oxford, AL | 4.8% | -$249/mo | $195,158 | $1,300/mo | 🟡 MODERATE |
| 26 | Dothan, AL | 4.7% | -$259/mo | $183,998 | $1,205/mo | 🟡 MODERATE |
| 27 | West Blocton, AL | 4.7% | -$268/mo | $193,109 | $1,260/mo | 🟡 MODERATE |
| 28 | Ohatchee, AL | 4.5% | -$308/mo | $195,391 | $1,230/mo | 🟡 MODERATE |
| 29 | Deatsville, AL | 4.5% | -$352/mo | $220,162 | $1,380/mo | 🟡 MODERATE |
| 30 | Altoona, AL | 4.4% | -$320/mo | $198,331 | $1,240/mo | 🟡 MODERATE |
| 31 | Madison, AL | 4.4% | -$629/mo | $376,626 | $2,230/mo | 🟡 MODERATE |
| 32 | Boaz, AL | 4.2% | -$378/mo | $207,021 | $1,240/mo | 🟡 MODERATE |
| 33 | Ralph, AL | 4.2% | -$369/mo | $205,617 | $1,240/mo | 🟡 MODERATE |
| 34 | Prattville, AL | 4.1% | -$496/mo | $263,432 | $1,560/mo | 🟡 MODERATE |
| 35 | Florence, AL | 4.1% | -$393/mo | $203,208 | $1,190/mo | 🟡 MODERATE |
| 36 | Woodstock, AL | 4.0% | -$437/mo | $222,960 | $1,300/mo | 🟡 MODERATE |
| 37 | Alabaster, AL | 3.9% | -$662/mo | $317,825 | $1,805/mo | 🔴 WEAK |
| 38 | Headland, AL | 3.9% | -$478/mo | $229,119 | $1,300/mo | 🔴 WEAK |
| 39 | Russellville, AL | 3.9% | -$382/mo | $185,609 | $1,060/mo | 🔴 WEAK |
| 40 | Gallant, AL | 3.9% | -$445/mo | $216,968 | $1,240/mo | 🔴 WEAK |
| 41 | Midland City, AL | 3.9% | -$432/mo | $205,222 | $1,160/mo | 🔴 WEAK |
| 42 | Centreville, AL | 3.8% | -$467/mo | $220,249 | $1,240/mo | 🔴 WEAK |
| 43 | Randolph, AL | 3.8% | -$485/mo | $222,776 | $1,240/mo | 🔴 WEAK |
| 44 | Rainbow City, AL | 3.8% | -$536/mo | $247,414 | $1,380/mo | 🔴 WEAK |
| 45 | Glencoe, AL | 3.8% | -$445/mo | $207,209 | $1,160/mo | 🔴 WEAK |
| 46 | Oneonta, AL | 3.7% | -$494/mo | $224,215 | $1,240/mo | 🔴 WEAK |
| 47 | Anderson, AL | 3.7% | -$489/mo | $220,939 | $1,220/mo | 🔴 WEAK |
| 48 | Robertsdale, AL | 3.6% | -$664/mo | $280,519 | $1,495/mo | 🔴 WEAK |
| 49 | Salem, AL | 3.6% | -$764/mo | $329,997 | $1,780/mo | 🔴 WEAK |
| 50 | Huntsville, AL | 3.6% | -$713/mo | $318,728 | $1,740/mo | 🔴 WEAK |
| 51 | Smiths Station, AL | 3.5% | -$685/mo | $287,843 | $1,530/mo | 🔴 WEAK |
| 52 | Athens, AL | 3.5% | -$604/mo | $256,143 | $1,480/mo | 🔴 WEAK |
| 53 | Wetumpka, AL | 3.4% | -$724/mo | $285,164 | $1,460/mo | 🔴 WEAK |
| 54 | Arab, AL | 3.4% | -$610/mo | $241,403 | $1,240/mo | 🔴 WEAK |
| 55 | Northport, AL | 3.4% | -$662/mo | $269,738 | $1,360/mo | 🔴 WEAK |
| 56 | Decatur, AL | 3.4% | -$541/mo | $218,415 | $1,200/mo | 🔴 WEAK |
| 57 | Montevallo, AL | 3.3% | -$634/mo | $245,007 | $1,240/mo | 🔴 WEAK |
| 58 | Clanton, AL | 3.3% | -$594/mo | $229,927 | $1,165/mo | 🔴 WEAK |
| 59 | Town Creek, AL | 3.3% | -$572/mo | $219,908 | $1,110/mo | 🔴 WEAK |
| 60 | Rogersville, AL | 3.3% | -$635/mo | $250,041 | $1,280/mo | 🔴 WEAK |
| 61 | Verbena, AL | 3.2% | -$611/mo | $231,778 | $1,160/mo | 🔴 WEAK |
| 62 | Billingsley, AL | 3.1% | -$636/mo | $230,650 | $1,120/mo | 🔴 WEAK |
| 63 | Pell City, AL | 3.0% | -$893/mo | $313,757 | $1,470/mo | 🔴 WEAK |
| 64 | Mc Calla, AL | 2.9% | -$840/mo | $287,711 | $1,340/mo | 🔴 WEAK |
| 65 | Hoover, AL | 2.6% | -$1,448/mo | $458,827 | $2,005/mo | 🔴 WEAK |
| 66 | Auburn, AL | 2.1% | -$1,440/mo | $402,936 | $1,555/mo | 🔴 WEAK |
| 67 | Opelika, AL | 2.1% | -$1,143/mo | $322,957 | $1,260/mo | 🔴 WEAK |
| 68 | Pike Road, AL | 1.8% | -$1,759/mo | $441,618 | $1,610/mo | 🔴 POOR |
| 69 | Mountain Brook, AL | 0.9% | -$4,055/mo | $888,856 | $2,360/mo | 🔴 POOR |