Opelika, AL Apartment Market & Multifamily Brokerage
Lee County, AL
Opelika has 32,820 residents supporting 20 tracked multifamily properties and 1,820 units. Enough scale to matter, small enough that a handful of transactions can move the whole market.
At 55.5 apartment units per 1,000 residents, Opelika's housing mix runs close to the middle of the markets we track — neither oversupplied nor underserved on paper.
Average asking rent here runs $1,420/unit, on the higher end of our coverage area. That ceiling makes underwriting discipline the deciding factor — the market can support strong rents, but only for product that's actually earned them.
Opelika is the Lee County seat and sits right next to Auburn, absorbing much of the renter demand that spills over from Auburn University.
Steven Rowe and Gulf Coast Multifamily represent owners of 10+ unit apartment properties in Opelika and across Lee County, AL. If you're thinking about selling, refinancing, or just want to know what your property is worth, a confidential conversation costs nothing.