Selma, AL Apartment Market & Multifamily Brokerage
Dallas County, AL
Selma has 17,057 residents supporting 15 tracked multifamily properties and 617 units. Enough scale to matter, small enough that a handful of transactions can move the whole market.
One number worth sitting with: only 36.2 apartment units per 1,000 residents, below most of the markets we track. Either this is a true ownership-heavy market with limited renter demand, or there's renter demand here that isn't being served by tracked multifamily stock — worth a closer look before assuming it's the former.
Average asking rent sits around $821/unit — soft relative to the broader footprint. That's the opening: well-located, well-run product has real room to push rent before it bumps into a ceiling.
Selma is the Dallas County seat and home to the Edmund Pettus Bridge, and its former Craig Air Force Base is now an industrial park.
Steven Rowe and Gulf Coast Multifamily represent owners of 10+ unit apartment properties in Selma and across Dallas County, AL. If you're thinking about selling, refinancing, or just want to know what your property is worth, a confidential conversation costs nothing.