FMR is below market; voucher rent may lag private rents.
0.85
1 BR
1 BR- 35124
0.92ratio
FMR$1,650
Market$1,790
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.92
2 BR
2 BR- 35124
0.94ratio
FMR$1,800
Market$1,910
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.94
3 BR
3 BR- 35124
1.16ratio
FMR$2,260
Market$1,950
vs market+$310
FMR is above market; underwrite to market rent.
1.16
4 BR
4 BR- 35124
1.09ratio
FMR$2,540
Market$2,340
vs market+$200
FMR is near market; voucher and private rents are aligned.
1.09
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
--
Pelham, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Pelham, AL is $1,800 a month. That is up 11.8% from $1,610 in FY 2026. Pelham 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 Pelham is 85% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Pelham, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,300
$1,540
+18.5%
$1,386–$1,694
1BR
$1,470
$1,650
+12.2%
$1,485–$1,815
2BR
$1,610
$1,800
+11.8%
$1,620–$1,980
3BR
$2,010
$2,260
+12.4%
$2,034–$2,486
4BR
$2,290
$2,540
+10.9%
$2,286–$2,794
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Pelham, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,540
$1,650
$1,800
$2,260
$2,540
FY 2026
$1,300
$1,470
$1,610
$2,010
$2,290
FY 2025
$1,220
$1,400
$1,550
$1,940
$2,190
FY 2024
$1,190
$1,350
$1,510
$1,900
$2,130
FY 2023
$1,050
$1,140
$1,300
$1,660
$1,810
Questions about Pelham, AL rents
How much will Section 8 pay for a two-bedroom in Pelham, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,800, that basic range is $1,620 to $1,980 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 Pelham, AL in?
Pelham, 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 Pelham, AL for FY 2027?
The two-bedroom FMR rose 11.8%, from $1,610 in FY 2026 to $1,800 in FY 2027. Since FY 2023 it has risen 38.5%.
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