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AL/Bibb County/Green Pond

Green Pond, AL

CitySAFMR
Bibb County
Found 1 ZIP
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City Median Investment Score

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095130300
BRFMR
Eff. Rent
0 BR$830$910
1 BR$890$980
2 BR$970$1,070
3 BR$1,220$1,340
4 BR$1,370$1,510
5 BR$1,575Not available
6 BR$1,812Not available
7 BR$2,084Not available
8 BR$2,396Not available

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMR$970
Market rent$1,450
Est. payment standard (110%)Used$1,070
-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

Studio
0.60
1 BR
0.77
2 BR
0.67
3 BR
0.71
4 BR
0.69
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
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Mortgage rate
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Green Pond, AL fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Green Pond, AL is $970 a month. That is down 9.3% from $1,070 in FY 2026. Green Pond 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.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Green Pond, AL
BedroomsFY 2027Change90–110% range
Studio$830−4.6%$747–$913
1BR$890−7.3%$801–$979
2BR$970−9.3%$873–$1,067
3BR$1,220−9.0%$1,098–$1,342
4BR$1,370−8.7%$1,233–$1,507

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Green Pond, AL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$830$890$970$1,220$1,370
FY 2026$870$960$1,070$1,340$1,500
FY 2025$890$1,000$1,130$1,420$1,580
FY 2024$810$900$1,030$1,300$1,430
FY 2023$730$780$910$1,160$1,260

Questions about Green Pond, AL rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $970, that basic range is $873 to $1,067 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 Green Pond, AL in?

Green Pond, 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 Green Pond, AL for FY 2027?

The two-bedroom FMR fell 9.3%, from $1,070 in FY 2026 to $970 in FY 2027. Since FY 2023 it has risen 6.6%.

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