Phenix City, AL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Phenix City short-term rental market based on reliable data.
Listings
35 / 94
Reliable / Active
Cap Rate
14%
Middle-Earners Gross Yield
Revenue
$28,983
Middle-Earners Revenue
Occupancy
60%
Middle-Earners Occupancy
Home Value
$201,541
Median Home Sale Price
Top Earners
$45,450
Top-Earners Revenue
Phenix City
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Phenix City.
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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.
Local STR Agent
STR specialist · Phenix City, AL
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.