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Home/AL/Madison County

Madison County, AL

CountySAFMR
Found 29 ZIPs
Zillow

County Median Investment Score

86Below average

095130300
BRFMR
Eff. Rent
0 BR$930 – $1,680$750 – $1,490
1 BR$1,030 – $1,760$860 – $1,510
2 BR$1,180 – $2,010$1,180 – $1,660
3 BR$1,530 – $2,600$1,400 – $1,760
4 BR$1,900 – $3,360$1,640 – $2,290
5 BR$2,634Not available
6 BR$3,029Not available
7 BR$3,483Not available
8 BR$4,005Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
8
0.55-2.24
1 BR
10
0.68-2.05
2 BR
9
0.81-1.61
3 BR
9
0.86-1.84
4 BR
9
0.82-1.86
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Madison County, AL fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 29 ZIP codes in Madison County, AL ranges from $1,180 to $2,010 a month, with a median of $1,370. That is up 2.2% from $1,340 in FY 2026. Madison County is in the Huntsville, AL MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,341. The median county two-bedroom FMR in Alabama is $975, so Madison County is 41% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Madison County, AL
BedroomsFY 2027Change90–110% range
Studio$1,140+8.6%$1,026–$1,254
1BR$1,200+3.4%$1,080–$1,320
2BR$1,370+2.2%$1,233–$1,507
3BR$1,770+2.3%$1,593–$1,947
4BR$2,290+6.0%$2,061–$2,519

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Madison County, AL
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,140$1,200$1,370$1,770$2,290
FY 2026$1,050$1,160$1,340$1,730$2,160
FY 2025$950$1,100$1,280$1,650$2,010
FY 2024$920$1,090$1,280$1,660$1,990
FY 2023$750$890$1,050$1,380$1,640

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
35763$2,010+46.7%
35808$2,010+46.7%
35757$1,750+27.7%
35759$1,650+20.4%
35749$1,630+19.0%
35758$1,630+19.0%
35806$1,560+13.9%
35824$1,530+11.7%
35741$1,510+10.2%
35801$1,450+5.8%
35803$1,430+4.4%
35896$1,380+0.7%
35762$1,3700.0%
35773$1,3700.0%
35804$1,3700.0%
35807$1,3700.0%
35809$1,3700.0%
35812$1,3700.0%
35813$1,3700.0%
35814$1,3700.0%
35815$1,3700.0%
35802$1,290−5.8%
35811$1,280−6.6%
35750$1,270−7.3%

Showing the 24 highest of 29 ZIP codes.

Questions about Madison County, AL rents

How much will Section 8 pay for a two-bedroom in Madison County, AL?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,341, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,207 to $1,475 a month; under the ZIP-level Small Area FMR of $1,370 it would be $1,233 to $1,507. 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 Madison County, AL in?

Madison County, AL is in the Huntsville, AL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,341.

How much did fair market rent change in Madison County, AL for FY 2027?

The two-bedroom FMR rose 2.2%, from $1,340 in FY 2026 to $1,370 in FY 2027. Since FY 2023 it has risen 30.5%.

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

AL statewide rentsWhat is SAFMR?Data sources