FMR is below market; voucher rent may lag private rents.
0.88
1 BR
1 BR- 35052
0.93ratio
FMR$1,220
Market$1,310
vs market-$90
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR- 35052
0.87ratio
FMR$1,330
Market$1,530
vs market-$200
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 35052
0.97ratio
FMR$1,670
Market$1,720
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.97
4 BR
4 BR- 35052
0.96ratio
FMR$1,870
Market$1,940
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.96
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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Cook Springs, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cook Springs, AL is $1,330 a month. That is up 8.1% from $1,230 in FY 2026. Cook Springs 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 Cook Springs is 36% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cook Springs, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$990
$1,140
+15.2%
$1,026–$1,254
1BR
$1,120
$1,220
+8.9%
$1,098–$1,342
2BR
$1,230
$1,330
+8.1%
$1,197–$1,463
3BR
$1,540
$1,670
+8.4%
$1,503–$1,837
4BR
$1,740
$1,870
+7.5%
$1,683–$2,057
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cook Springs, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,140
$1,220
$1,330
$1,670
$1,870
FY 2026
$990
$1,120
$1,230
$1,540
$1,740
FY 2025
$970
$1,110
$1,230
$1,530
$1,730
FY 2024
$880
$1,000
$1,120
$1,410
$1,580
FY 2023
$760
$830
$940
$1,200
$1,310
Questions about Cook Springs, AL rents
How much will Section 8 pay for a two-bedroom in Cook Springs, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,330, that basic range is $1,197 to $1,463 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 Cook Springs, AL in?
Cook Springs, 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 Cook Springs, AL for FY 2027?
The two-bedroom FMR rose 8.1%, from $1,230 in FY 2026 to $1,330 in FY 2027. Since FY 2023 it has risen 41.5%.
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