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Calvert, AL

CitySAFMR
Washington County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$880$880
1 BR$910$910
2 BR$1,070$1,070
3 BR$1,380$1,380
4 BR$1,510$1,510
5 BR$1,736Not available
6 BR$1,997Not available
7 BR$2,297Not available
8 BR$2,641Not available

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMRUsed$1,070
Market rentN/A
Est. payment standardN/A
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Calvert, AL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Calvert, AL is $1,070 a month. That is up 11.5% from $960 in FY 2026. Calvert is in the Washington 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 $921. The median county two-bedroom FMR in Alabama is $975, so Calvert is 10% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Calvert, AL
BedroomsFY 2027Change90–110% range
Studio$880+15.8%$792–$968
1BR$910+12.3%$819–$1,001
2BR$1,070+11.5%$963–$1,177
3BR$1,380+9.5%$1,242–$1,518
4BR$1,510+14.4%$1,359–$1,661

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Calvert, AL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$880$910$1,070$1,380$1,510
FY 2026$760$810$960$1,260$1,320
FY 2025$730$810$990$1,310$1,340
FY 2024$670$740$910$1,190$1,260
FY 2023$610$660$820$1,040$1,160

Questions about Calvert, AL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $921, which applies unless the housing authority uses Small Area FMRs, that basic range is $829 to $1,013 a month; under the ZIP-level Small Area FMR of $1,070 it would be $963 to $1,177. 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 Calvert, AL in?

Calvert, AL is in the Washington County, AL non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $921.

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

The two-bedroom FMR rose 11.5%, from $960 in FY 2026 to $1,070 in FY 2027. Since FY 2023 it has risen 30.5%.

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