FMR is near market; voucher and private rents are aligned.
1.10
1 BR
1 BR- 35004
1.22ratio
FMR$1,600
Market$1,310
vs market+$290
FMR is above market; underwrite to market rent.
1.22
2 BR
2 BR- 35004
1.20ratio
FMR$1,740
Market$1,450
vs market+$290
FMR is above market; underwrite to market rent.
1.20
3 BR
3 BR- 35004
1.28ratio
FMR$2,190
Market$1,710
vs market+$480
FMR is above market; underwrite to market rent.
1.28
4 BR
4 BR- 35004
1.32ratio
FMR$2,460
Market$1,860
vs market+$600
FMR is above market; underwrite to market rent.
1.32
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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Moody, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Moody, AL is $1,740 a month. That is up 14.5% from $1,520 in FY 2026. Moody 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 Moody is 78% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Moody, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,230
$1,490
+21.1%
$1,341–$1,639
1BR
$1,390
$1,600
+15.1%
$1,440–$1,760
2BR
$1,520
$1,740
+14.5%
$1,566–$1,914
3BR
$1,900
$2,190
+15.3%
$1,971–$2,409
4BR
$2,160
$2,460
+13.9%
$2,214–$2,706
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Moody, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,490
$1,600
$1,740
$2,190
$2,460
FY 2026
$1,230
$1,390
$1,520
$1,900
$2,160
FY 2025
$1,090
$1,250
$1,380
$1,720
$1,950
FY 2024
$1,020
$1,150
$1,290
$1,630
$1,820
FY 2023
$860
$940
$1,070
$1,370
$1,490
Questions about Moody, AL rents
How much will Section 8 pay for a two-bedroom in Moody, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,740, that basic range is $1,566 to $1,914 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 Moody, AL in?
Moody, 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 Moody, AL for FY 2027?
The two-bedroom FMR rose 14.5%, from $1,520 in FY 2026 to $1,740 in FY 2027. Since FY 2023 it has risen 62.6%.
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