Phenix City, AL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Phenix City short-term rental market based on reliable data.

Listings

38 / 88

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$29,762

Middle-Earners Revenue

Occupancy

67%

Middle-Earners Occupancy

Home Value

$205,918

Median Home Sale Price

Top Earners

$49,850

Top-Earners Revenue

Phenix City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Phenix City.

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B

Generally Investor friendly

Phenix City Regulations

Phenix City explicitly permits STRs with clear definitions and regulatory framework, but requires multiple permits (building, CO, business registration) plus state compliance (business license, sales tax, fire code). While operational restrictions exist (parking, occupancy limits), the process is clearly defined with known requirements, making compliance manageable rather than prohibitive.

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About Phenix City

Phenix City is a city in Lee and Russell counties in the U.S. state of Alabama, and the county seat of Russell County. As of the 2020 Census, the population of the city was 38,817. Phenix City lies immediately west across the Chattahoochee River from Columbus, Georgia and observes Eastern Time on a de facto basis (in contrast to the rest of Alabama, which observes Central Time) due to Phenix City's strong economic ties to Columbus. Most of Phenix City is included in the Columbus Metropolitan Statistical Area, and the remainder is in Lee County and therefore included in the Auburn, Alabama Metropolitan Statistical Area. The entire city is part of the Columbus-Auburn-Opelika Combined Statistical Area. In 2007, BusinessWeek named Phenix City the nation's No. 1 Best Affordable Suburb to raise a family. It is home to Chattahoochee Valley Community College, a public, two-year college with an acceptance rate of 100%. Troy University has a satellite campus in Phenix City. As of 2020, the mayor is Eddie N. Lowe, the city's first black mayor elected by the public. The city manager, who holds the task of organizational matters, is Wallace Hunter.

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