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AL/Mobile County/Dauphin Island

Dauphin Island, AL

CitySAFMR
Mobile County
Found 1 ZIP

City Median Investment Score

66Below average

095130300
BRFMR
Eff. Rent
0 BR$1,410$1,410
1 BR$1,470$1,470
2 BR$1,710$1,710
3 BR$2,210$2,210
4 BR$2,350$2,350
5 BR$2,703Not available
6 BR$3,108Not available
7 BR$3,574Not available
8 BR$4,110Not available

Purchase Price Calculator

Maximum purchase price
$192,189

Cost breakdown

+Likely effective rent$1,710
HUD FMRUsed$1,710
Market rentN/A
Est. payment standardN/A
-Principal and interest-$972
Loan amount$153,751
Down payment$38,438
Rate6.50%
Term30 years
-Operating costs-$538
Property taxes-$192
Insurance-$175
Utilities$0
HOA$0
Management-$171
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$27,486(71.5% ROI)
Projected value
$206,966
Return breakdown
Property appreciation+$14,778
Loan principal paid down+$5,509
Rental cash flow+$7,200
5-year hold
+$47,078(122.5% ROI)
Projected value
$217,444
Return breakdown
Property appreciation+$25,255
Loan principal paid down+$9,823
Rental cash flow+$12,000
10-year hold
+$101,236(263.4% ROI)
Projected value
$246,018
Return breakdown
Property appreciation+$53,829
Loan principal paid down+$23,407
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
--
Tax rate
--
Mortgage rate
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Dauphin Island, AL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Dauphin Island, AL is $1,710 a month. That is up 15.5% from $1,480 in FY 2026. Dauphin Island is in the Mobile, AL MSA, 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 Dauphin Island is 75% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Dauphin Island, AL
BedroomsFY 2027Change90–110% range
Studio$1,410+20.5%$1,269–$1,551
1BR$1,470+16.7%$1,323–$1,617
2BR$1,710+15.5%$1,539–$1,881
3BR$2,210+14.5%$1,989–$2,431
4BR$2,350+19.3%$2,115–$2,585

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Dauphin Island, AL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,410$1,470$1,710$2,210$2,350
FY 2026$1,170$1,260$1,480$1,930$1,970
FY 2025$990$1,110$1,340$1,760$1,790
FY 2024$990$1,090$1,340$1,770$1,820
FY 2023$890$960$1,190$1,590$1,690

Questions about Dauphin Island, AL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,710, that basic range is $1,539 to $1,881 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 Dauphin Island, AL in?

Dauphin Island, AL is in the Mobile, AL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

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

The two-bedroom FMR rose 15.5%, from $1,480 in FY 2026 to $1,710 in FY 2027. Since FY 2023 it has risen 43.7%.

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