FMR is near market; voucher and private rents are aligned.
0.97
1 BR
1 BR- 35759
1.15ratio
FMR$1,450
Market$1,260
vs market+$190
FMR is above market; underwrite to market rent.
1.15
2 BR
2 BR- 35759
1.11ratio
FMR$1,650
Market$1,480
vs market+$170
FMR is above market; underwrite to market rent.
1.11
3 BR
3 BR- 35759
1.28ratio
FMR$2,130
Market$1,660
vs market+$470
FMR is above market; underwrite to market rent.
1.28
4 BR
4 BR- 35759
1.42ratio
FMR$2,760
Market$1,940
vs market+$820
FMR is above market; underwrite to market rent.
1.42
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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Meridianville, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Meridianville, AL is $1,650 a month. That is up 1.9% from $1,620 in FY 2026. Meridianville is in the Huntsville, 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 $1,341. The median county two-bedroom FMR in Alabama is $975, so Meridianville is 69% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Meridianville, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,270
$1,380
+8.7%
$1,242–$1,518
1BR
$1,400
$1,450
+3.6%
$1,305–$1,595
2BR
$1,620
$1,650
+1.9%
$1,485–$1,815
3BR
$2,090
$2,130
+1.9%
$1,917–$2,343
4BR
$2,610
$2,760
+5.7%
$2,484–$3,036
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Meridianville, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,380
$1,450
$1,650
$2,130
$2,760
FY 2026
$1,270
$1,400
$1,620
$2,090
$2,610
FY 2025
$1,180
$1,400
$1,630
$2,120
$2,530
FY 2024
$1,310
$1,550
$1,810
$2,350
$2,810
FY 2023
$1,070
$1,270
$1,500
$1,970
$2,350
Questions about Meridianville, AL rents
How much will Section 8 pay for a two-bedroom in Meridianville, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,341, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,207 to $1,475 a month; under the ZIP-level Small Area FMR of $1,650 it would be $1,485 to $1,815. 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 Meridianville, AL in?
Meridianville, AL is in the Huntsville, AL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,341.
How much did fair market rent change in Meridianville, AL for FY 2027?
The two-bedroom FMR rose 1.9%, from $1,620 in FY 2026 to $1,650 in FY 2027. Since FY 2023 it has risen 10.0%.
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