FMR is near market; voucher and private rents are aligned.
0.96
1 BR
1 BR- 35032
1.05ratio
FMR$780
Market$740
vs market+$40
FMR is near market; voucher and private rents are aligned.
1.05
2 BR
2 BR- 35032
1.20ratio
FMR$960
Market$800
vs market+$160
FMR is above market; underwrite to market rent.
1.20
3 BR
3 BR- 35032
1.47ratio
FMR$1,260
Market$860
vs market+$400
FMR is above market; underwrite to market rent.
1.47
4 BR
4 BR- 35032
1.37ratio
FMR$1,260
Market$920
vs market+$340
FMR is above market; underwrite to market rent.
1.37
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Bon Air, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bon Air, AL is $960 a month. That is up 23.1% from $780 in FY 2026. Bon Air is in the Talladega County, AL non-metropolitan FMR area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the county-wide two-bedroom FMR of $977. The median county two-bedroom FMR in Alabama is $975, so Bon Air is 2% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bon Air, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$540
$750
+38.9%
$675–$825
1BR
$650
$780
+20.0%
$702–$858
2BR
$780
$960
+23.1%
$864–$1,056
3BR
$1,060
$1,260
+18.9%
$1,134–$1,386
4BR
$1,070
$1,260
+17.8%
$1,134–$1,386
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bon Air, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$750
$780
$960
$1,260
$1,260
FY 2026
$540
$650
$780
$1,060
$1,070
FY 2025
$560
$640
$820
$1,140
$1,170
FY 2024area FMR
$615
$693
$908
$1,264
$1,299
FY 2023area FMR
$504
$573
$754
$1,033
$1,102
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Questions about Bon Air, AL rents
How much will Section 8 pay for a two-bedroom in Bon Air, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $977, which applies unless the housing authority uses Small Area FMRs, that basic range is $879 to $1,075 a month; under the ZIP-level Small Area FMR of $960 it would be $864 to $1,056. 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 Bon Air, AL in?
Bon Air, AL is in the Talladega County, AL non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $977.
How much did fair market rent change in Bon Air, AL for FY 2027?
The two-bedroom FMR rose 23.1%, from $780 in FY 2026 to $960 in FY 2027. Since FY 2025 it has risen 17.1%.
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