FMR is near market; voucher and private rents are aligned.
1.00
1 BR
1 BR- 35040
1.14ratio
FMR$1,600
Market$1,400
vs market+$200
FMR is above market; underwrite to market rent.
1.14
2 BR
2 BR- 35040
1.22ratio
FMR$1,750
Market$1,430
vs market+$320
FMR is above market; underwrite to market rent.
1.22
3 BR
3 BR- 35040
1.38ratio
FMR$2,200
Market$1,590
vs market+$610
FMR is above market; underwrite to market rent.
1.38
4 BR
4 BR- 35040
1.38ratio
FMR$2,480
Market$1,800
vs market+$680
FMR is above market; underwrite to market rent.
1.38
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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Calera, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Calera, AL is $1,750 a month. That is up 6.7% from $1,640 in FY 2026. Calera 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 Calera is 79% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Calera, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,320
$1,500
+13.6%
$1,350–$1,650
1BR
$1,490
$1,600
+7.4%
$1,440–$1,760
2BR
$1,640
$1,750
+6.7%
$1,575–$1,925
3BR
$2,050
$2,200
+7.3%
$1,980–$2,420
4BR
$2,330
$2,480
+6.4%
$2,232–$2,728
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Calera, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,500
$1,600
$1,750
$2,200
$2,480
FY 2026
$1,320
$1,490
$1,640
$2,050
$2,330
FY 2025
$1,290
$1,470
$1,640
$2,050
$2,310
FY 2024
$1,220
$1,370
$1,540
$1,950
$2,160
FY 2023
$1,030
$1,120
$1,280
$1,650
$1,780
Questions about Calera, AL rents
How much will Section 8 pay for a two-bedroom in Calera, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,750, that basic range is $1,575 to $1,925 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 Calera, AL in?
Calera, 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 Calera, AL for FY 2027?
The two-bedroom FMR rose 6.7%, from $1,640 in FY 2026 to $1,750 in FY 2027. Since FY 2023 it has risen 36.7%.
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