Property Taxes in Montgomery, AL: What Investors Need to Know

Investor GuideFeb 18, 2026Phil James, Principal & CEO

Alabama has some of the lowest property taxes in the nation, and that’s one of the biggest reasons investors love Montgomery. Lower taxes mean lower operating costs, which means more cash flow to your bottom line.

How Alabama Property Tax Works

Alabama assesses property at different ratios depending on use. Non-owner-occupied (investment) properties are assessed at 20% of fair market value, then taxed at the local millage rate. For a $100,000 investment property, you’re only taxed on $20,000 of assessed value.

The combined Montgomery County + City millage rate typically results in annual property tax bills of $600–$1,200 for most single-family rental homes — a fraction of what investors pay in states like Texas, New Jersey, or Illinois.

Impact on Cash Flow

Low property taxes directly improve your DSCR ratio and cash-on-cash return. For investors using DSCR financing, lower tax bills make it easier to qualify and improve monthly cash flow by $100–$300+ compared to high-tax states.

Important Dates

Montgomery County property taxes are due October 1 and become delinquent after December 31. Our management team tracks tax deadlines for all managed properties and ensures payments are made on time when included in escrow.

Questions about the tax implications of investing in Montgomery? Schedule a free consultation.

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