FMR is below market; voucher rent may lag private rents.
0.61
1 BR
1 BR- 36568
0.69ratio
FMR$860
Market$1,240
vs market-$380
FMR is below market; voucher rent may lag private rents.
0.69
2 BR
2 BR- 36568
0.76ratio
FMR$1,000
Market$1,310
vs market-$310
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR- 36568
0.85ratio
FMR$1,290
Market$1,520
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.85
4 BR
4 BR- 36568
0.85ratio
FMR$1,380
Market$1,620
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.85
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
--
Saint Elmo, AL fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saint Elmo, AL is $1,000 a month. That is unchanged from FY 2026. Saint Elmo is in the Mobile, AL MSA, 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 Saint Elmo is 3% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Saint Elmo, AL
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$780
$830
+6.4%
$747–$913
1BR
$840
$860
+2.4%
$774–$946
2BR
$1,000
$1,000
0.0%
$900–$1,100
3BR
$1,320
$1,290
−2.3%
$1,161–$1,419
4BR
$1,340
$1,380
+3.0%
$1,242–$1,518
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Saint Elmo, AL
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$830
$860
$1,000
$1,290
$1,380
FY 2026
$780
$840
$1,000
$1,320
$1,340
FY 2025
$820
$920
$1,110
$1,460
$1,480
FY 2024
$900
$990
$1,210
$1,600
$1,640
FY 2023
$880
$950
$1,180
$1,570
$1,670
Questions about Saint Elmo, AL rents
How much will Section 8 pay for a two-bedroom in Saint Elmo, AL?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,000, that basic range is $900 to $1,100 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 Saint Elmo, AL in?
Saint Elmo, AL is in the Mobile, AL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in Saint Elmo, AL for FY 2027?
The two-bedroom FMR was unchanged at $1,000 in FY 2027. Since FY 2023 it has fallen 15.3%.
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