Zumper

5031 Montgomery Hwy
5031 Montgomery Hwy, Dothan, AL 36303, USA

House for rent
Monthly rent
$2,017–$5,133
BedsStudio
Baths0–1
Sqft1,100–2,800
modified
5+ Days Ago

Property Overview

With an inviting outdoor patio and a spacious dining room, this property offers great potential for gatherings and entertaining. Its convenient location presents various advantages for accessibility and local amenities. The combination of these features creates an appealing environment for a range of lifestyles.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Elementary school nearby

Great for

  • Social life

Highlights

  • outdoor patio
  • spacious dining room

Units

5031 Montgomery Hwy Dothan, AL

Available

Studio, 1 Bath

Studio

1 Bath

$2,017

Listed on 02/19/2025
Listed by Shannon Auty
Days on market: 435
Property Status: Active 1,100 Sq. Ft. available for lease in 3 tenant building with KIKU Asian Express 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) 360-2191 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.

Available

Studio, – Baths

Studio

– Baths

$5,133

Listed on 12/02/2025
Listed by Shannon Auty
Days on market: 150
Property Status: Active Located at 5031 Montgomery Hwy in Dothan - this end-cap, fully turnkey restaurant space offers 2,800 SqFt, complete with a drive-thru lane, window and menu board for seamless service. The space offers 73 +/- interior seating capacity, complemented by an outdoor patio with additional seating, fully equipped kitchen, and spacious dining room with furniture. The property is located on Dothan's primary retail corridor on US HWY 231 N and offers excellent visibility and access with SportsClips co-tenant. This site benefits from being near retail hub at Dothan Pavilion among national retailers such as Target, Lowe's, BestBuy, Dick's Sporting Goods, Kohls, AMC Theater, Michaels, ULTA, and more. With Hwy 231 N traffic counts of 30,300 vehicles per day (VPD), this location offers excellent exposure and signifcant foot traffic. Office Phone: (334) 360-2191 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.

Policies at 5031 Montgomery Hwy

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Questions about this property’s policies and fees?

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About 5031 Montgomery Hwy

HomeHouses in Dothan 5031 Montgomery Hwy, Dothan, AL 36303, USA

Don't miss this charming property located at 5031 Montgomery Hwy, Dothan, AL 36303, USA! This intimate community consists of 2 units, offering a cozy studio floorplan with spacious living areas ranging from 1100 to 2800 square feet. Residents can enjoy the beautiful outdoor patio and spacious dining room, perfect for relaxation and entertainment. This property provides a range of amenities, including a peaceful atmosphere, ample parking, and convenient access to local attractions. With only 2 units, this property offers a unique and private living experience. One of the standout features of this property is its spacious floorplan, allowing for comfortable living and flexibility. Come see what this hidden gem has to offer!

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Address details

Units2
Units available2
City
Zip code36303

5031 Montgomery Hwy is great for:

Social life

  • Areas nearby are accessible by walking
  • The area has transit options
  • Diverse age groups live in this area
  • A bustling neighborhood

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, Dothan, AL 36303, USA compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 1 mile away

Considerations

Greater distance from high schools
The nearest high school is farther than 4 miles away

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Rent trends in Dothan

Studio apartments at 5031 Montgomery Hwy cost about 79% more than the average rent price for studios in Dothan.

Median rents as of Apr 25 2026.
Dothan
A table of studio rental data trends in Dothan
MonthMedian Rent
May 2024$2,166
June 2024$2,110
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

Affordability calculator

Can I afford to live at 5031 Montgomery Hwy?

Bedrooms

Studio

Rent-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

$143,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $143,000 annually to afford this studio median monthly rent price of $3,575.
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.
Check out the past listing prices for monthly rent at 5031 Montgomery Hwy, Dothan, AL.
1 year ago$2,200Studio1 bath
2 years ago$2,383Studio1 bath
10 years ago$2,933Studio0.5 bath

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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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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