FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR- 35080
1.21ratio
FMR$1,770
Market$1,460
vs market+$310
FMR is above market; underwrite to market rent.
1.21
2 BR
2 BR- 35080
1.31ratio
FMR$1,930
Market$1,470
vs market+$460
FMR is above market; underwrite to market rent.
1.31
3 BR
3 BR- 35080
1.29ratio
FMR$2,420
Market$1,880
vs market+$540
FMR is above market; underwrite to market rent.
1.29
4 BR
4 BR- 35080
1.30ratio
FMR$2,720
Market$2,100
vs market+$620
FMR is above market; underwrite to market rent.
1.30
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
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Mortgage rate
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Helena, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Helena, AL is $1,930 a month. That is up 8.4% from $1,780 in FY 2026. Helena 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 Helena is 98% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Helena, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,440
$1,650
+14.6%
$1,485–$1,815
1BR
$1,620
$1,770
+9.3%
$1,593–$1,947
2BR
$1,780
$1,930
+8.4%
$1,737–$2,123
3BR
$2,230
$2,420
+8.5%
$2,178–$2,662
4BR
$2,530
$2,720
+7.5%
$2,448–$2,992
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Helena, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,650
$1,770
$1,930
$2,420
$2,720
FY 2026
$1,440
$1,620
$1,780
$2,230
$2,530
FY 2025
$1,450
$1,660
$1,840
$2,300
$2,600
FY 2024
$1,460
$1,650
$1,850
$2,330
$2,600
FY 2023
$1,290
$1,400
$1,600
$2,050
$2,220
Questions about Helena, AL rents
How much will Section 8 pay for a two-bedroom in Helena, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,930, that basic range is $1,737 to $2,123 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 Helena, AL in?
Helena, 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 Helena, AL for FY 2027?
The two-bedroom FMR rose 8.4%, from $1,780 in FY 2026 to $1,930 in FY 2027. Since FY 2023 it has risen 20.6%.
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