5+ Days Ago
Location
5031 Montgomery Hwy, Dothan, AL 36303, USA
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About 5031 Montgomery Hwy
Property Status: Active 1,100 Sq. Ft. end-cap space available for lease in retail center with newly opened Indian Curry Restaurant & Bar and Sports Clips. Located on major retail corridor on Hwy 231 N next to the Dothan Pavilion. Nearby anchors include: Target, Lowe's, BestBuy, Dick's Sporting Goods, Kohls, AMC Theater, and more. Site is adjacent to newly built Home2 Suites by Hilton, Five Star Credit Union and McDonald's. Multiple signalized access points on Hwy 231 with traffic count of 30,299 VPD. Office Phone: (334) 406-1161 Copyright © 2026 Southeast Alabama Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5031 Montgomery Hwy compares to other nearby properties.
Considerations
- Greater distance from high schools
- The nearest high school is farther than 4 miles away
Address details
| Zip code | 36303 |
|---|---|
| Type | House for rent |
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Rent trends in Dothan
studio apartments at 5031 Montgomery Hwy cost about 10% less than the average rent price for studio apartments in Dothan.
Median rents as of Jun 13 2026.
Dothan
| Month | Median Rent |
|---|---|
| June 2024 | $2,000 |
| July 2024 | $1,950 |
| August 2024 | $1,910 |
| September 2024 | $2,056 |
| October 2024 | $1,993 |
| November 2024 | $2,000 |
| December 2024 | $1,862 |
| January 2025 | $1,875 |
| February 2025 | $1,825 |
| March 2025 | $1,822 |
| April 2025 | $1,900 |
| May 2025 | $1,987 |
| June 2025 | $2,004 |
| July 2025 | $2,001 |
| August 2025 | $1,987 |
| September 2025 | $1,998 |
| October 2025 | $2,012 |
| November 2025 | $2,118 |
| December 2025 | $1,902 |
| January 2026 | $1,603 |
| February 2026 | $1,812 |
| March 2026 | $1,965 |
| April 2026 | $1,988 |
| May 2026 | $2,004 |
| June 2026 | $2,050 |
Affordability calculator
Can I afford to live at 5031 Montgomery Hwy?
Bedrooms
StudioRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$76,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $76,000 annually to afford this studio monthly rent price of $1,900.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| 1 year ago | $2,200 |
Schools near 5031 Montgomery Hwy
Kelly Springs Elementary School
1124 kelly springs rd
dothan, AL, 36303
K-6Public
B-
Dothan 6th Grade Center
600 girard ave
dothan, AL, 36303
3-6Public
C
Dothan City Early Education Center
1665 honeysuckle rd
dothan, AL, 36301
PKPublic
Carver School for Math, Science & Technology
303 rollins ave
dothan, AL, 36301
3-6Public
A-
Beverlye Intermediate School
1025 s beverlye rd
dothan, AL, 36301
3-6Public
C
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Internet available near 5031 Montgomery Hwy
Getting around Dothan near 5031 Montgomery Hwy
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Points of interest for 5031 Montgomery Hwy, Dothan
Groceries
2/10
The nearest general grocery store is within a 20-to-30 minute walk.
Shopping
5/10
Several fashion stores are within a short walk.
Cafes
5/10
The closest café is within a 10-minute walk, and there are a few other cafés within walking distance.
Restaurants
5/10
Some restaurants are within walking distance.
Primary schools
3/10
The closest elementary school is within a 20-to-30-minute walk.
Nightlife
3/10
The closest bar is within a 10-minute walk. There are few or no other bars within walking distance.
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