TROY, AL
CitySAFMR
Elmore County
Found 3 ZIPs
BRFMR
Eff. Rent
0 BR$690 – $740$690 – $740
1 BR$710 – $760$710 – $760
2 BR$920 – $990$920 – $990
3 BR$1,110 – $1,200$1,110 – $1,200
4 BR$1,230 – $1,330$1,230 – $1,330
5 BR$1,415
6 BR$1,627
7 BR$1,871
8 BR$2,151

Market Alignment

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

Studio
Studio· 2 ZIPs
0.55–0.59ratio range
Median FMR$690
Median Market$1,210
vs market-$520

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

2
Studio· 1 ZIP
0.72ratio
FMR$740
Market$1,030
vs market-$290

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

1
0.55–0.72
1 BR
1 BR· 1 ZIP
0.66ratio
FMR$710
Market$1,080
vs market-$370

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

1
1 BR· 1 ZIP
0.85ratio
FMR$710
Market$840
vs market-$130

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

1
1 BR· 1 ZIP
0.86ratio
FMR$760
Market$880
vs market-$120

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

1
0.66–0.86
2 BR
2 BR· 1 ZIP
0.70ratio
FMR$920
Market$1,320
vs market-$400

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

1
2 BR· 1 ZIP
0.85ratio
FMR$920
Market$1,080
vs market-$160

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

1
2 BR· 1 ZIP
0.93ratio
FMR$990
Market$1,070
vs market-$80

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

1
0.70–0.93
3 BR
3 BR· 1 ZIP
0.72ratio
FMR$1,110
Market$1,540
vs market-$430

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

1
3 BR· 1 ZIP
0.75ratio
FMR$1,110
Market$1,480
vs market-$370

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

1
3 BR· 1 ZIP
0.79ratio
FMR$1,200
Market$1,520
vs market-$320

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

1
0.72–0.79
4 BR
4 BR· 1 ZIP
0.74ratio
FMR$1,230
Market$1,660
vs market-$430

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

1
4 BR· 1 ZIP
0.79ratio
FMR$1,230
Market$1,560
vs market-$330

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

1
4 BR· 1 ZIP
0.85ratio
FMR$1,330
Market$1,570
vs market-$240

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

1
0.74–0.85
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

ZIP Codes

Ranked by Investment Score (vs area median)

About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for TROY, 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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