Opelika, Lee County, AL

Median Home Price Price

$290,087 $290.1K

Median Monthly Rent Rent

$1,111 $1.1K

22.0x

Market Snapshot

Opelika, Lee County, AL is a city market with a median home price of $290,087, a median monthly rent of $1,111, a GRM of 22.0x, and a price-to-rent ratio of 21.8.

More markets to explore

01 Phenix City, Russell County, AL
Top recommendation Within state Lower GRM Lower price Higher rent Rent momentum
High confidence
Price $197.7K
Rent $1.2K
GRM 13.0x
Explore the data

No similar markets found for this scope.

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Phenix City, Russell County, AL
$198K $1.2K 13.0x
Wetumpka, Elmore County, AL
$261K $1.2K 18.0x
Tuscumbia, Colbert County, AL
$190K $964 16.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Searcy, White County, AR
$207K $1.1K 16.0x
Yale, Saint Clair County, MI Explore deeper
$234K $1.1K 18.0x
Greenwood, Sebastian County, AR
$226K $980 19.0x

Home prices

Monthly rent

GRM = home price / annual rent

Opelika

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Benchmark comparison

Rent in Opelika, AL is 8.8% lower than Phenix City, AL.

Compare to Phenix City, AL
Opelika, AL
Phenix City, AL
Delta
Median rent
$1,111
$1,218
+$107
Median price
$290,087
$197,730
-$92,357
YoY change
+$63
+$90
+$27
Price-to-rent
21.8x
13.5x
-8.3x

Key takeaways

  • Opelika, Lee County, AL has a higher-grm screening profile: At 22.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $63 year over year.
  • Rent in Opelika, AL is 8.8% lower than Phenix City, AL.