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AL/Etowah County/Gadsden

Gadsden, AL

CitySAFMR
Etowah County
Found 6 ZIPs
Zillow

City Median Investment Score

120Above average

095130300
BRFMR
Eff. Rent
0 BR$650 – $920$680 – $920
1 BR$780 – $1,120$830 – $1,120
2 BR$920 – $1,320$920 – $1,450
3 BR$1,170 – $1,670$960 – $1,660
4 BR$1,310 – $1,890$1,020 – $1,730
5 BR$1,598Not available
6 BR$1,838Not available
7 BR$2,114Not available
8 BR$2,431Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1
1
1
1
0.61-0.81
1 BR
2
0.89-0.95
2 BR
2
0.85-1.06
3 BR
2
1.01-1.29
4 BR
1
1
1
1
1
1.09-1.39
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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Gadsden, AL fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 6 ZIP codes in Gadsden, AL ranges from $920 to $1,320 a month, with a median of $970. That is up 6.0% from $915 in FY 2026. Gadsden is in the Gadsden, 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 $975.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Gadsden, AL
BedroomsFY 2027Change90–110% range
Studio$680+6.3%$612–$748
1BR$825+5.8%$743–$908
2BR$970+6.0%$873–$1,067
3BR$1,230+8.8%$1,107–$1,353
4BR$1,390+7.8%$1,251–$1,529

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Gadsden, AL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$680$825$970$1,230$1,390
FY 2026$640$780$915$1,130$1,290
FY 2025$640$800$935$1,130$1,245
FY 2024$630$810$930$1,160$1,240
FY 2023$510$650$760$960$1,020

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
35907$1,320+36.1%
35903$990+2.1%
35902$980+1.0%
35901$960−1.0%
35904$940−3.1%
35905$920−5.2%

Questions about Gadsden, AL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $975, which applies unless the housing authority uses Small Area FMRs, that basic range is $878 to $1,073 a month; under the ZIP-level Small Area FMR of $970 it would be $873 to $1,067. 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 Gadsden, AL in?

Gadsden, AL is in the Gadsden, AL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $975.

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

The two-bedroom FMR rose 6.0%, from $915 in FY 2026 to $970 in FY 2027. Since FY 2023 it has risen 27.6%.

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

County fair market rentAL statewide rentsWhat is SAFMR?Data sources