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City · 10,574 residents · Montgomery County, Alabama

Pike Road , Alabama

In Pike Road, a typical home is worth $381,600 and typical rent is $1,653 a month. Compared with all of Montgomery County, the typical home value is 122% higher, typical household income is 97% higher, and the share of households that own their home is 28 points higher.

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  • Typical home value

    $381,600

    122% above the county

    82% above Alabama

    • Pike Road
    • Montgomery
    • Alabama

  • Typical rent

    $1,653a month

    51% above the county

    64% above Alabama

    • Pike Road
    • Montgomery
    • Alabama

  • Typical household income

    $117,091a year

    97% above the county

    83% above Alabama

    • Pike Road
    • Montgomery
    • Alabama

  • Households that own their home

    85%

    28 points above the county

    15 points above Alabama

    • Pike Road
    • Montgomery
    • Alabama

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$404,483
1.9% more than 12 months ago
Typical rent
$1,726 a month
3.6% more than 12 months ago

From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).

Pike Road is in Montgomery County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Montgomery County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Pike Road apart

What this place has that others do not, from public data, most unusual first.

  1. 85% of households in Pike Road own their home, against 58% in Montgomery County.

  2. The typical household income in Pike Road is $117,091, 97% more than in Montgomery County as a whole ($59,386).

  3. The typical home in Pike Road is worth $381,600, 122% more than in Montgomery County as a whole ($171,900).

  4. Nearby, in Tallassee, the typical home value is $144,600: 62% less than in Pike Road ($381,600).

  5. The typical rent in Pike Road is $1,653 a month, 51% more than in Montgomery County as a whole ($1,092).

  6. Nearby, in Tallassee, the typical rent is $964: 42% less than in Pike Road ($1,653).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Pike Road

What homes there are in Pike Road, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

Detached houses, standing on their own, make up 86% of homes here, against 70% in Montgomery County.

Year built

The typical home in Pike Road was built in 2006, 27 years after the typical one in Montgomery County.

There is more room for a big family here: 91% of homes have 3 bedrooms or more, against 69% in Montgomery County.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$2,121 a month

Montgomery County: $1,367 a month

Without a mortgage

$571 a month

Montgomery County: $451 a month

Owners with a mortgage

75%

Montgomery County: 62%

In Pike Road, 75% of owners have a mortgage, and their typical cost is $2,121 a month, against $1,367 in Montgomery County. Without one it drops to $571.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Pike Road rose 27%; in Montgomery County, it rose 32%.

The typical rent in Pike Road rose 33% over the same time; in Montgomery County, it rose 24%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasurePike RoadMontgomery CountyAlabamaUnited States
Rental vacancy Unreliable estimate8.2%7.2%5.5%
Homeowner vacancy Unreliable estimate1.2%1.1%0.9%
More than one person per room Unreliable estimate2.5%1.7%3.4%
People per household 2.872.392.482.53
Drive alone 81%80%81%69%
Carpool 6%9%8%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimate1%1%3%
Work from home 13%8%9%15%
Other means Unreliable estimate1%1%2%
Typical commute 20 to 29 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

More people live in each home here: 2.87 on average, against 2.39 in Montgomery County.

Many people here do not commute at all: 13% work from home; in Montgomery County, 8%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Pike Road?

A typical home is tight for the typical income

We start with a typical home in Pike Road, worth $381,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Pike Road, which is $117,091 a year. For that payment to be 28% of income, a household would need to earn about $129,236 a year.

The calculator's FHA and conventional loan limits are those of all of Montgomery County.

Your numbers

Local data
$

Starts at the typical home value in Pike Road. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $13,356 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$3,016

at 7.18% · 30 years

Loan amount
$374,688
Total interest
$539,089
Paid off in
November 2056

Includes $6,444 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $2,732 a month

  • Tight

    $2,732 to $3,513 a month

    Your payment · 31%

  • Hard

    more than $3,513 a month

Compared with the typical household income in Pike Road ($117,091 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$3,016
Principal & interest$2,538
Property tax$150
Home insurance$159
FHA mortgage insurance (MIP)$169

You need at least $13,356 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Pike Road and Montgomery County

Pike Road is in Montgomery County, Alabama. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Pike Road's own numbers

Typical home value
$381,600
Typical monthly rent
$1,653
Typical yearly household income
$117,091
Households that own their home
85%
Effective property tax rate
0.47%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Montgomery County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,150
Price change over 5 years (FHFA)
+36%
Homes in a high flood-risk zone
3.5%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Montgomery County.

Everything about Montgomery County

Buying

Buying a home in Pike Road

A typical home in Pike Road is worth $381,600: 122% above the county and 82% above Alabama. With the typical household income in Pike Road ($117,091 a year), a typical home costs 3.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Pike Road 3.3 years
  • Montgomery 2.9 years
  • Alabama 3.3 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Montgomery County

According to FHFA’s house price index, home prices in Montgomery County rose 46% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Montgomery County.

Period County Alabama U.S.
Last year (2025) +1.4% +2.5% +2.9%
5 years (2020–2025) +36% +47% +47%
10 years (2015–2025) +46% +77% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Pike Road next to Montgomery County, Alabama and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Pike Road $381,600
  • Montgomery $171,900
  • Alabama $209,900
  • United States $332,700
Typical monthly rent
  • Pike Road $1,653
  • Montgomery $1,092
  • Alabama $1,007
  • United States $1,413
Typical yearly household income
  • Pike Road $117,091
  • Montgomery $59,386
  • Alabama $63,999
  • United States $80,734
See the full table
Pike Road next to Montgomery County and Alabama
Measure Pike Road Montgomery County Alabama U.S.
Typical home value $381,600 $171,900 $209,900 $332,700
Typical monthly rent $1,653 $1,092 $1,007 $1,413
Typical yearly household income $117,091 $59,386 $63,999 $80,734
Households that own their home 85% 58% 70% 65%
Typical yearly property tax $1,784 $702 $788 $3,119
Effective property tax rate 0.47% 0.41% 0.38% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Montgomery County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Pike Road

For a typical $381,600 home in Pike Road, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Pike Road's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $3,016a month

    Least cash to close
    Down payment
    $13,356
    Cash to close
    $24,804
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $169

  • Conventional, 5% down $2,946a month

    Down payment
    $19,080
    Cash to close
    $30,528
    Rate
    7.18%
    Mortgage insurance
    PMI · $181

  • Conventional, 20% down, no PMI $2,377a month

    Down payment
    $76,320
    Cash to close
    $87,768
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $2,729a month

    Down payment
    $57,240
    Cash to close
    $68,688
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Pike Road and for Montgomery County.

Property tax

Effective rate in Pike Road

0.47%of the home’s value each year

$1,784 a year for the typical owner in Pike Road.

  • Pike Road 0.47%
  • Montgomery 0.41%
  • Alabama 0.38%

What Alabama publishes Basic homestead exemption (type H-1) (Alabama Department of Revenue)

Exemptions and deadlines in Alabama

Flood risk in Montgomery County

FEMA does not publish these numbers by city: they are for all of Montgomery County.

Homes in the high-risk zone
3.5%
2,935
Of those, with NFIP insurance
13%
County Alabama U.S.
Homes in the high-risk zone 3.5% 3.2% 3.5%
Of those, with NFIP insurance 13% 29% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Pike Road

Typical rent in Pike Road is $1,653 a month: 51% above the county.

HUD publishes a fair market rent for all of Montgomery County, by unit size. To pay the 2-bedroom one ($1,150 a month) without spending more than 30% of your income, you would need to earn $22.12 an hour working full time.

HUD fair market rent for all of Montgomery County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $986 $18.96 $39,440
1 bedroom $1,003 $19.29 $40,120
2 bedrooms $1,150 $22.12 $46,000
3 bedrooms $1,476 $28.38 $59,040
4 bedrooms $1,708 $32.85 $68,320

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Pike Road

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Pike Road is in ZIP code 36064.

For 2 bedrooms it is $1,630: $480 more than the fair market rent for Montgomery County ($1,150).

  • 36064 $1,630$2,090

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Pike Road when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Free help

Help to buy or rent in Pike Road

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

There is 1 HUD-approved agency with an office in Montgomery County; 1 says it serves in Spanish.

A young woman and a young man point to a line in their notes beside a laptop in a library.

HUD counseling is free or low-cost

Assistance programs in Pike Road

No down payment, repair or rent-help program on our list is for Pike Road or Montgomery County. The ones below are statewide in Alabama: they work in Pike Road the same as in the rest of the state.

Which programs do I qualify for? All programs in Alabama

  • Step Up

    Statewide in Alabama

    Alabama state authority program with down payment assistance of 4% of the price (up to $10,000) as a 10-year second mortgage, alongside a 30-year fixed mortgage. Offered by Alabama Housing Finance Authority (AHFA).

    Repayable

    See the program Official page

  • First Step Mortgage Revenue Bonds

    Statewide in Alabama

    Alabama state authority 30-year low-rate mortgage, for first-time buyers and for people who have owned a home before, with down payment assistance of 4% of the price, up to $10,000, as a ten-year second mortgage. Offered by Alabama Housing Finance Authority (AHFA).

    Repayable

    See the program Official page

  • Affordable Income Subsidy Grant

    Statewide in Alabama

    Alabama state authority grant for closing costs with an HFA Advantage conventional loan: 1% of the loan if you earn up to 50% of the area median, or half a percent if you earn 50% to 80%. Offered by Alabama Housing Finance Authority (AHFA).

    Grant

    See the program Official page

Housing counselors near Pike Road

The HUD-approved agencies closest to the center of Pike Road, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Legal Services Alabama Inc

    2567 Fairlane Drive Suite 300, Montgomery · 8 miles away · Spanish

    Also serves in other languages.

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 4 more
    (886) 456-4995

  • NSC (naca Counseling Subsidiary) - Birmingham, AL

    529 Beacon Pkwy W Ste 204, Birmingham · 93 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (205) 942-8111

  • Hispanic Interest Coalition of Alabama

    200 6th Ave SW, Birmingham · 94 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (205) 942-5505

Every agency in Montgomery County All counseling agencies in Alabama

Help in Spanish near Pike Road

3 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Pike Road

In HUD’s record, no housing authority with an office in Montgomery County is named for Pike Road or Montgomery County.

One other authority has an office in Montgomery County: see the list Source: HUD

Cities

Other cities in Montgomery County

These cities are also in Montgomery County. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Montgomery County Housing in Alabama

Nearby cities

The cities closest to Pike Road, with the typical home value.

Neighboring counties

If Montgomery County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Pike Road.

All guides
A mother and her daughters smile together on a mountain trail with a snowy peak behind them.

Questions

Housing questions about Pike Road

Short answers with the numbers for Pike Road and all of Montgomery County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Pike Road?

The typical home value in Pike Road is $381,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Montgomery County it is $171,900.

How much does it cost to rent in Pike Road?

Typical rent in Pike Road is $1,653 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Montgomery County is $1,150.

What is the FHA loan limit in Pike Road?

Pike Road uses the FHA limit for all of Montgomery County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Pike Road?

The typical homeowner in Pike Road pays $1,784 a year, according to the U.S. Census Bureau. That is 0.47% of the home’s value; in Montgomery County, the rate is 0.41%.

Where can I find free help to buy or rent in Pike Road?

There is 1 HUD-approved counseling agency with an office in Montgomery County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).