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AL/Jefferson County/Bessemer

Bessemer, AL

CitySAFMR
Jefferson County
Found 4 ZIPs
Zillow

City Median Investment Score

130High yield potential

095130300
BRFMR
Eff. Rent
0 BR$960 – $1,220$930 – $1,250
1 BR$1,030 – $1,300$810 – $1,310
2 BR$1,120 – $1,420$900 – $1,340
3 BR$1,410 – $1,780$1,160 – $1,670
4 BR$1,580 – $2,000$1,440 – $1,880
5 BR$2,093Not available
6 BR$2,407Not available
7 BR$2,768Not available
8 BR$3,183Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1
1
1
1
0.62-1.26
1 BR
1
1
1
1
0.73-1.56
2 BR
1
1
1
1
0.86-1.52
3 BR
1
1
1
1
0.85-1.48
4 BR
1
1
1
1
0.84-1.33
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Bessemer, AL fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 4 ZIP codes in Bessemer, AL ranges from $1,120 to $1,420 a month, with a median of $1,290. That is up 9.8% from $1,175 in FY 2026. Bessemer is in the Birmingham-Hoover, AL HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Alabama is $975, so Bessemer is 32% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Bessemer, AL
BedroomsFY 2027Change90–110% range
Studio$1,105+16.3%$995–$1,216
1BR$1,185+10.7%$1,067–$1,304
2BR$1,290+9.8%$1,161–$1,419
3BR$1,620+10.2%$1,458–$1,782
4BR$1,820+9.0%$1,638–$2,002

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Bessemer, AL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,105$1,185$1,290$1,620$1,820
FY 2026$950$1,070$1,175$1,470$1,670
FY 2025$940$1,080$1,195$1,495$1,690
FY 2024$935$1,060$1,185$1,495$1,665
FY 2023$835$905$1,035$1,325$1,440

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
35023$1,420+10.1%
35021$1,370+6.2%
35022$1,210−6.2%
35020$1,120−13.2%

Questions about Bessemer, AL rents

How much will Section 8 pay for a two-bedroom in Bessemer, AL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,290, that basic range is $1,161 to $1,419 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is Bessemer, AL in?

Bessemer, AL is in the Birmingham-Hoover, AL HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Bessemer, AL for FY 2027?

The two-bedroom FMR rose 9.8%, from $1,175 in FY 2026 to $1,290 in FY 2027. Since FY 2023 it has risen 24.6%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentAL statewide rentsWhat is SAFMR?Data sources