Enterprise, AL housing market
Typical home value
$206K
▼ 1.0% 1 yr
Typical rent
$1,466/mo
▲ 2.7% 1 yr
Gross rent yield
8.5%
U.S. 6.3%
5-year home value change
+21%
U.S. +20%
Key takeaways
- 1The typical home in Enterprise is worth $206,339, down 1.0% over the past year and up 21% over five years.
- 2Typical rent is $1,466 a month (+2.7% YoY), a gross rent yield of 8.5% (below the Enterprise, AL metro's 9.6%).
- 3With 20% down at 7.32%, principal and interest on the typical home is about $1,134/mo, $332 less than typical rent.
- 4Zillow forecasts the Enterprise, AL metro's home values to change +0.2% over the next 12 months.
Market temperature (Enterprise, AL metro)
Neutral market
Buyer'sNeutralSeller's
Zillow Market Heat Index: 52/100, #116 hottest of 546 metros. Below 44 favors buyers; above 55 favors sellers.
Home values and rent
Source: Zillow Research (ZHVI, ZORI and market activity data).
How Enterprise compares
| Measure | Enterprise | Enterprise, AL metro | United States |
|---|---|---|---|
| Typical home value | $206,339 | $177,259 | $366,157 |
| Home value, 1-yr change | −1.0% | −2.2% | +1.2% |
| Typical rent | $1,466 | $1,421 | $1,932 |
| Rent, 1-yr change | +2.7% | +3.0% | +2.7% |
| Gross rent yield | 8.5% | 9.6% | 6.3% |
| Price-to-rent ratio | 11.7 | 10.4 | 15.8 |
| Mortgage P&I, typical home | $1,134 | $974 | $2,012 |
Run the numbers
Rental property calculator
Cash flow on a typical Enterprise rental, pre-filled.
Rent vs buy in Enterprise
Which costs less over the years you'll stay.
Mortgage calculator
Monthly payment on a $206K home.
City figures are Zillow's typical home value (ZHVI) and observed rent (ZORI). Gross yield is before expenses. Data refreshed Oct 26, 2026.