FMR is near market; voucher and private rents are aligned.
1.07
1 BR
1 BR- 35645
1.13ratio
FMR$970
Market$860
vs market+$110
FMR is above market; underwrite to market rent.
1.13
2 BR
2 BR- 35645
1.22ratio
FMR$1,260
Market$1,030
vs market+$230
FMR is above market; underwrite to market rent.
1.22
3 BR
3 BR- 35645
1.26ratio
FMR$1,570
Market$1,250
vs market+$320
FMR is above market; underwrite to market rent.
1.26
4 BR
4 BR- 35645
1.19ratio
FMR$1,660
Market$1,390
vs market+$270
FMR is above market; underwrite to market rent.
1.19
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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Killen, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Killen, AL is $1,260 a month. That is up 16.7% from $1,080 in FY 2026. Killen is in the Florence-Muscle Shoals, 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 $1,085. The median county two-bedroom FMR in Alabama is $975, so Killen is 29% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Killen, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$750
$880
+17.3%
$792–$968
1BR
$840
$970
+15.5%
$873–$1,067
2BR
$1,080
$1,260
+16.7%
$1,134–$1,386
3BR
$1,340
$1,570
+17.2%
$1,413–$1,727
4BR
$1,520
$1,660
+9.2%
$1,494–$1,826
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Killen, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$880
$970
$1,260
$1,570
$1,660
FY 2026
$750
$840
$1,080
$1,340
$1,520
FY 2025
$680
$750
$980
$1,200
$1,430
FY 2024
$640
$690
$900
$1,110
$1,360
FY 2023
$550
$590
$770
$950
$1,190
Questions about Killen, AL rents
How much will Section 8 pay for a two-bedroom in Killen, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,085, which applies unless the housing authority uses Small Area FMRs, that basic range is $977 to $1,194 a month; under the ZIP-level Small Area FMR of $1,260 it would be $1,134 to $1,386. 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 Killen, AL in?
Killen, AL is in the Florence-Muscle Shoals, AL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,085.
How much did fair market rent change in Killen, AL for FY 2027?
The two-bedroom FMR rose 16.7%, from $1,080 in FY 2026 to $1,260 in FY 2027. Since FY 2023 it has risen 63.6%.
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