FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 35742
0.95ratio
FMR$1,030
Market$1,080
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR- 35742
0.99ratio
FMR$1,180
Market$1,190
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR- 35742
0.96ratio
FMR$1,530
Market$1,600
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 35742
0.97ratio
FMR$1,900
Market$1,960
vs market-$60
FMR is near market; voucher and private rents are aligned.
0.97
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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Capshaw, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Capshaw, AL is $1,180 a month. That is up 4.4% from $1,130 in FY 2026. Capshaw is in the Huntsville, AL MSA. 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 metro-wide two-bedroom FMR of $1,341. The median county two-bedroom FMR in Alabama is $975, so Capshaw is 21% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Capshaw, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$870
$940
+8.0%
$846–$1,034
1BR
$970
$1,030
+6.2%
$927–$1,133
2BR
$1,130
$1,180
+4.4%
$1,062–$1,298
3BR
$1,450
$1,530
+5.5%
$1,377–$1,683
4BR
$1,770
$1,900
+7.3%
$1,710–$2,090
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Capshaw, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$940
$1,030
$1,180
$1,530
$1,900
FY 2026
$870
$970
$1,130
$1,450
$1,770
FY 2025
$810
$970
$1,130
$1,460
$1,750
FY 2024
$750
$890
$1,040
$1,350
$1,610
FY 2023
$620
$730
$860
$1,130
$1,350
Questions about Capshaw, AL rents
How much will Section 8 pay for a two-bedroom in Capshaw, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,341, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,207 to $1,475 a month; under the ZIP-level Small Area FMR of $1,180 it would be $1,062 to $1,298. 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 Capshaw, AL in?
Capshaw, AL is in the Huntsville, AL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,341.
How much did fair market rent change in Capshaw, AL for FY 2027?
The two-bedroom FMR rose 4.4%, from $1,130 in FY 2026 to $1,180 in FY 2027. Since FY 2023 it has risen 37.2%.
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