FMR is below market; voucher rent may lag private rents.
0.73
1 BR
1 BR- 35112
0.83ratio
FMR$1,150
Market$1,390
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.83
2 BR
2 BR- 35112
0.87ratio
FMR$1,250
Market$1,440
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.87
3 BR
3 BR- 35112
0.96ratio
FMR$1,570
Market$1,640
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.96
4 BR
4 BR- 35112
0.96ratio
FMR$1,760
Market$1,840
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.96
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
--
Margaret, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Margaret, AL is $1,250 a month. That is up 12.6% from $1,110 in FY 2026. Margaret 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 Margaret is 28% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Margaret, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$900
$1,070
+18.9%
$963–$1,177
1BR
$1,010
$1,150
+13.9%
$1,035–$1,265
2BR
$1,110
$1,250
+12.6%
$1,125–$1,375
3BR
$1,390
$1,570
+12.9%
$1,413–$1,727
4BR
$1,580
$1,760
+11.4%
$1,584–$1,936
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Margaret, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,070
$1,150
$1,250
$1,570
$1,760
FY 2026
$900
$1,010
$1,110
$1,390
$1,580
FY 2025
$890
$1,000
$1,130
$1,420
$1,580
FY 2024
$810
$910
$1,020
$1,280
$1,430
FY 2023
$690
$750
$850
$1,100
$1,190
Questions about Margaret, AL rents
How much will Section 8 pay for a two-bedroom in Margaret, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,250, that basic range is $1,125 to $1,375 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 Margaret, AL in?
Margaret, 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 Margaret, AL for FY 2027?
The two-bedroom FMR rose 12.6%, from $1,110 in FY 2026 to $1,250 in FY 2027. Since FY 2023 it has risen 47.1%.
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