AL/Madison County/NEW MARKET
NEW MARKET, AL
CitySAFMR
Madison County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$970$970
1 BR$1,070$1,070
2 BR$1,230$1,230
3 BR$1,590$1,590
4 BR$1,980$1,800
5 BR$2,277
6 BR$2,619
7 BR$3,011
8 BR$3,463

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 35761
0.66ratio
FMR$970
Market$1,470
vs market-$500

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.66
1 BR
1 BR· 35761
0.78ratio
FMR$1,070
Market$1,370
vs market-$300

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.78
2 BR
2 BR· 35761
0.84ratio
FMR$1,230
Market$1,470
vs market-$240

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.84
3 BR
3 BR· 35761
0.96ratio
FMR$1,590
Market$1,660
vs market-$70

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.96
4 BR
4 BR· 35761
1.10ratio
FMR$1,980
Market$1,800
vs market+$180

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.10
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$120,861
Rent
$1,230
Down payment
$24,172
Loan
$96,689
Mortgage
$611
Expenses
$419
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for NEW MARKET, AL (AL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

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