Alabama (AL)

STATESAFMR

Found 735 ZIPs

State Median Investment Score

97Above average

095130300

BR	Rent	3Y CAGR
0 BR	$641 - $1,760Median: $796	3.3%
1 BR	$700 - $1,890Median: $846	3.2%
2 BR	$920 - $2,060Median: $1,030	2.4%
3 BR	$1,097 - $2,590Median: $1,337	1.8%
4 BR	$1,210 - $2,910Median: $1,539	1.9%

Market Alignment

Studio

Studio- 50 ZIPs

0.42-0.64ratio range

Median FMR$776

Median Market$1,365

vs market-$590

FMR is below market; voucher rent may lag private rents.

Studio- 27 ZIPs

0.64-0.68ratio range

Median FMR$834

Median Market$1,260

vs market-$426

FMR is below market; voucher rent may lag private rents.

Studio- 19 ZIPs

0.69-0.73ratio range

Median FMR$930

Median Market$1,300

vs market-$370

FMR is below market; voucher rent may lag private rents.

Studio- 15 ZIPs

0.73-0.77ratio range

Median FMR$970

Median Market$1,260

vs market-$290

FMR is below market; voucher rent may lag private rents.

Studio- 24 ZIPs

0.78-0.81ratio range

Median FMR$970

Median Market$1,210

vs market-$240

FMR is below market; voucher rent may lag private rents.

Studio- 41 ZIPs

0.82-0.86ratio range

Median FMR$980

Median Market$1,170

vs market-$190

FMR is below market; voucher rent may lag private rents.

Studio- 30 ZIPs

0.86-0.90ratio range

Median FMR$1,030

Median Market$1,170

vs market-$140

FMR is below market; voucher rent may lag private rents.

Studio- 14 ZIPs

0.90-0.94ratio range

Median FMR$1,119

Median Market$1,200

vs market-$81

FMR is near market; voucher and private rents are aligned.

Studio- 11 ZIPs

0.94-0.98ratio range

Median FMR$970

Median Market$1,010

vs market-$40

FMR is near market; voucher and private rents are aligned.

Studio- 22 ZIPs

0.99-1.02ratio range

Median FMR$1,119

Median Market$1,105

vs market+$14

FMR is near market; voucher and private rents are aligned.

Studio- 15 ZIPs

1.02-1.06ratio range

Median FMR$1,040

Median Market$1,000

vs market+$40

FMR is near market; voucher and private rents are aligned.

Studio- 11 ZIPs

1.06-1.10ratio range

Median FMR$1,050

Median Market$980

vs market+$70

FMR is near market; voucher and private rents are aligned.

Studio- 7 ZIPs

1.10-1.14ratio range

Median FMR$1,040

Median Market$930

vs market+$110

FMR is above market; underwrite to market rent.

Studio- 5 ZIPs

1.15-1.19ratio range

Median FMR$1,119

Median Market$940

vs market+$179

FMR is above market; underwrite to market rent.

Studio- 5 ZIPs

1.21-1.25ratio range

Median FMR$1,160

Median Market$930

vs market+$230

FMR is above market; underwrite to market rent.

Studio- 24 ZIPs

1.26-1.30ratio range

Median FMR$1,170

Median Market$930

vs market+$240

FMR is above market; underwrite to market rent.

Studio- 4 ZIPs

1.31-1.34ratio range

Median FMR$1,335

Median Market$1,000

vs market+$335

FMR is above market; underwrite to market rent.

Studio- 10 ZIPs

1.36-1.95ratio range

Median FMR$1,125

Median Market$780

vs market+$345

FMR is above market; underwrite to market rent.

0.42-1.95

1 BR

1 BR- 20 ZIPs

0.48-0.64ratio range

Median FMR$785

Median Market$1,490

vs market-$706

FMR is below market; voucher rent may lag private rents.

1 BR- 9 ZIPs

0.65-0.68ratio range

Median FMR$890

Median Market$1,310

vs market-$420

FMR is below market; voucher rent may lag private rents.

1 BR- 15 ZIPs

0.69-0.72ratio range

Median FMR$975

Median Market$1,350

vs market-$375

FMR is below market; voucher rent may lag private rents.

1 BR- 13 ZIPs

0.73-0.77ratio range

Median FMR$860

Median Market$1,160

vs market-$300

FMR is below market; voucher rent may lag private rents.

1 BR- 20 ZIPs

0.77-0.81ratio range

Median FMR$900

Median Market$1,140

vs market-$240

FMR is below market; voucher rent may lag private rents.

1 BR- 31 ZIPs

0.82-0.86ratio range

Median FMR$990

Median Market$1,190

vs market-$200

FMR is below market; voucher rent may lag private rents.

1 BR- 28 ZIPs

0.86-0.90ratio range

Median FMR$980

Median Market$1,100

vs market-$120

FMR is below market; voucher rent may lag private rents.

1 BR- 32 ZIPs

0.90-0.93ratio range

Median FMR$1,075

Median Market$1,180

vs market-$105

FMR is near market; voucher and private rents are aligned.

1 BR- 27 ZIPs

0.94-0.98ratio range

Median FMR$1,167

Median Market$1,220

vs market-$53

FMR is near market; voucher and private rents are aligned.

1 BR- 16 ZIPs

0.98-1.02ratio range

Median FMR$978

Median Market$985

vs market-$8

FMR is near market; voucher and private rents are aligned.

1 BR- 23 ZIPs

1.02-1.05ratio range

Median FMR$1,167

Median Market$1,110

vs market+$57

FMR is near market; voucher and private rents are aligned.

1 BR- 18 ZIPs

1.06-1.10ratio range

Median FMR$1,177

Median Market$1,080

vs market+$97

FMR is near market; voucher and private rents are aligned.

1 BR- 17 ZIPs

1.11-1.14ratio range

Median FMR$1,177

Median Market$1,040

vs market+$137

FMR is above market; underwrite to market rent.

1 BR- 10 ZIPs

1.18-1.20ratio range

Median FMR$1,120

Median Market$945

vs market+$175

FMR is above market; underwrite to market rent.

1 BR- 10 ZIPs

1.20-1.25ratio range

Median FMR$1,215

Median Market$1,005

vs market+$210

FMR is above market; underwrite to market rent.

1 BR- 7 ZIPs

1.25-1.30ratio range

Median FMR$1,110

Median Market$860

vs market+$250

FMR is above market; underwrite to market rent.

1 BR- 3 ZIPs

1.32-1.34ratio range

Median FMR$1,210

Median Market$920

vs market+$290

FMR is above market; underwrite to market rent.

1 BR- 35 ZIPs

1.36-2.12ratio range

Median FMR$1,260

Median Market$810

vs market+$450

FMR is above market; underwrite to market rent.

0.48-2.12

2 BR

2 BR- 9 ZIPs

0.57-0.63ratio range

Median FMR$966

Median Market$1,590

vs market-$624

FMR is below market; voucher rent may lag private rents.

2 BR- 9 ZIPs

0.64-0.68ratio range

Median FMR$949

Median Market$1,430

vs market-$481

FMR is below market; voucher rent may lag private rents.

2 BR- 10 ZIPs

0.70-0.72ratio range

Median FMR$1,165

Median Market$1,635

vs market-$470

FMR is below market; voucher rent may lag private rents.

2 BR- 20 ZIPs

0.73-0.77ratio range

Median FMR$1,080

Median Market$1,450

vs market-$370

FMR is below market; voucher rent may lag private rents.

2 BR- 24 ZIPs

0.77-0.81ratio range

Median FMR$1,085

Median Market$1,355

vs market-$270

FMR is below market; voucher rent may lag private rents.

2 BR- 23 ZIPs

0.82-0.86ratio range

Median FMR$1,140

Median Market$1,360

vs market-$220

FMR is below market; voucher rent may lag private rents.

2 BR- 41 ZIPs

0.86-0.90ratio range

Median FMR$1,140

Median Market$1,300

vs market-$160

FMR is below market; voucher rent may lag private rents.

2 BR- 26 ZIPs

0.90-0.94ratio range

Median FMR$1,341

Median Market$1,450

vs market-$109

FMR is near market; voucher and private rents are aligned.

2 BR- 39 ZIPs

0.94-0.98ratio range

Median FMR$1,330

Median Market$1,370

vs market-$40

FMR is near market; voucher and private rents are aligned.

2 BR- 18 ZIPs

0.99-1.02ratio range

Median FMR$993

Median Market$990

vs market+$3

FMR is near market; voucher and private rents are aligned.

2 BR- 23 ZIPs

1.02-1.06ratio range

Median FMR$1,140

Median Market$1,110

vs market+$30

FMR is near market; voucher and private rents are aligned.

2 BR- 10 ZIPs

1.06-1.10ratio range

Median FMR$1,341

Median Market$1,245

vs market+$96

FMR is near market; voucher and private rents are aligned.

2 BR- 16 ZIPs

1.11-1.15ratio range

Median FMR$1,143

Median Market$1,015

vs market+$128

FMR is above market; underwrite to market rent.

2 BR- 16 ZIPs

1.15-1.20ratio range

Median FMR$1,211

Median Market$1,030

vs market+$181

FMR is above market; underwrite to market rent.

2 BR- 9 ZIPs

1.20-1.25ratio range

Median FMR$1,170

Median Market$940

vs market+$230

FMR is above market; underwrite to market rent.

2 BR- 7 ZIPs

1.25-1.29ratio range

Median FMR$1,210

Median Market$950

vs market+$260

FMR is above market; underwrite to market rent.

2 BR- 6 ZIPs

1.30-1.33ratio range

Median FMR$1,260

Median Market$950

vs market+$310

FMR is above market; underwrite to market rent.

2 BR- 27 ZIPs

1.38-2.08ratio range

Median FMR$1,370

Median Market$900

vs market+$470

FMR is above market; underwrite to market rent.

0.57-2.08

3 BR

3 BR- 4 ZIPs

0.64-0.67ratio range

Median FMR$1,440

Median Market$2,225

vs market-$785

FMR is below market; voucher rent may lag private rents.

3 BR- 6 ZIPs

0.69-0.73ratio range

Median FMR$1,509

Median Market$2,125

vs market-$616

FMR is below market; voucher rent may lag private rents.

3 BR- 7 ZIPs

0.74-0.77ratio range

Median FMR$1,470

Median Market$1,910

vs market-$440

FMR is below market; voucher rent may lag private rents.

3 BR- 13 ZIPs

0.78-0.81ratio range

Median FMR$1,370

Median Market$1,700

vs market-$330

FMR is below market; voucher rent may lag private rents.

3 BR- 23 ZIPs

0.82-0.85ratio range

Median FMR$1,314

Median Market$1,550

vs market-$236

FMR is below market; voucher rent may lag private rents.

3 BR- 41 ZIPs

0.86-0.90ratio range

Median FMR$1,370

Median Market$1,570

vs market-$200

FMR is below market; voucher rent may lag private rents.

3 BR- 28 ZIPs

0.90-0.94ratio range

Median FMR$1,358

Median Market$1,485

vs market-$127

FMR is near market; voucher and private rents are aligned.

3 BR- 31 ZIPs

0.94-0.98ratio range

Median FMR$1,470

Median Market$1,540

vs market-$70

FMR is near market; voucher and private rents are aligned.

3 BR- 31 ZIPs

0.98-1.02ratio range

Median FMR$1,735

Median Market$1,720

vs market+$15

FMR is near market; voucher and private rents are aligned.

3 BR- 31 ZIPs

1.02-1.06ratio range

Median FMR$1,735

Median Market$1,660

vs market+$75

FMR is near market; voucher and private rents are aligned.

3 BR- 21 ZIPs

1.06-1.10ratio range

Median FMR$1,540

Median Market$1,410

vs market+$130

FMR is near market; voucher and private rents are aligned.

3 BR- 10 ZIPs

1.10-1.15ratio range

Median FMR$1,490

Median Market$1,320

vs market+$170

FMR is above market; underwrite to market rent.

3 BR- 28 ZIPs

1.15-1.20ratio range

Median FMR$1,520

Median Market$1,290

vs market+$230

FMR is above market; underwrite to market rent.

3 BR- 11 ZIPs

1.20-1.25ratio range

Median FMR$1,611

Median Market$1,320

vs market+$291

FMR is above market; underwrite to market rent.

3 BR- 13 ZIPs

1.25-1.30ratio range

Median FMR$1,855

Median Market$1,430

vs market+$425

FMR is above market; underwrite to market rent.

3 BR- 5 ZIPs

1.31-1.35ratio range

Median FMR$1,660

Median Market$1,270

vs market+$390

FMR is above market; underwrite to market rent.

3 BR- 33 ZIPs

1.36-2.03ratio range

Median FMR$1,720

Median Market$1,160

vs market+$560

FMR is above market; underwrite to market rent.

0.64-2.03

4 BR

4 BR- 7 ZIPs

0.49-0.63ratio range

Median FMR$1,531

Median Market$2,660

vs market-$1,129

FMR is below market; voucher rent may lag private rents.

4 BR- 2 ZIPs

0.65-0.67ratio range

Median FMR$1,731

Median Market$2,630

vs market-$900

FMR is below market; voucher rent may lag private rents.

4 BR- 6 ZIPs

0.69-0.73ratio range

Median FMR$1,500

Median Market$2,130

vs market-$630

FMR is below market; voucher rent may lag private rents.

4 BR- 28 ZIPs

0.73-0.77ratio range

Median FMR$1,570

Median Market$2,070

vs market-$500

FMR is below market; voucher rent may lag private rents.

4 BR- 21 ZIPs

0.77-0.81ratio range

Median FMR$1,397

Median Market$1,770

vs market-$373

FMR is below market; voucher rent may lag private rents.

4 BR- 29 ZIPs

0.82-0.85ratio range

Median FMR$1,570

Median Market$1,870

vs market-$300

FMR is below market; voucher rent may lag private rents.

4 BR- 22 ZIPs

0.86-0.89ratio range

Median FMR$1,535

Median Market$1,755

vs market-$220

FMR is below market; voucher rent may lag private rents.

4 BR- 22 ZIPs

0.90-0.94ratio range

Median FMR$1,604

Median Market$1,750

vs market-$146

FMR is near market; voucher and private rents are aligned.

4 BR- 29 ZIPs

0.94-0.98ratio range

Median FMR$1,876

Median Market$1,950

vs market-$74

FMR is near market; voucher and private rents are aligned.

4 BR- 33 ZIPs

0.98-1.02ratio range

Median FMR$1,690

Median Market$1,690

vs market+$0

FMR is near market; voucher and private rents are aligned.

4 BR- 25 ZIPs

1.02-1.06ratio range

Median FMR$2,170

Median Market$2,110

vs market+$60

FMR is near market; voucher and private rents are aligned.

4 BR- 16 ZIPs

1.07-1.10ratio range

Median FMR$1,810

Median Market$1,675

vs market+$135

FMR is near market; voucher and private rents are aligned.

4 BR- 22 ZIPs

1.10-1.15ratio range

Median FMR$2,171

Median Market$1,910

vs market+$261

FMR is above market; underwrite to market rent.

4 BR- 13 ZIPs

1.15-1.20ratio range

Median FMR$2,090

Median Market$1,770

vs market+$320

FMR is above market; underwrite to market rent.

4 BR- 8 ZIPs

1.21-1.25ratio range

Median FMR$2,121

Median Market$1,710

vs market+$411

FMR is above market; underwrite to market rent.

4 BR- 5 ZIPs

1.27-1.30ratio range

Median FMR$2,241

Median Market$1,730

vs market+$511

FMR is above market; underwrite to market rent.

4 BR- 24 ZIPs

1.30-1.33ratio range

Median FMR$1,930

Median Market$1,450

vs market+$480

FMR is above market; underwrite to market rent.

4 BR- 21 ZIPs

1.37-1.87ratio range

Median FMR$2,240

Median Market$1,450

vs market+$790

FMR is above market; underwrite to market rent.

0.49-1.87

0.700.800.901.001.101.201.30aligned range

Bedroom curve

Rankings

Market Explorer

Counties, cities, and ZIPs in Alabama.

Browse rankings

Trends

Market trends

HUD rent changes, rent against home values, and where it cash-flows.

View insights

Counties

Ranked by Investment Score (vs state median)

County map

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Alabama fair market rent by county, FY 2027

HUD's FY 2027 fair market rents cover 67 counties in Alabama. The median county two-bedroom FMR is $975. That is up 10.9% from $879 in FY 2026. Two-bedroom FMRs run from $921 in Winston County to $1,434 in Baldwin County. 19 HUD metropolitan FMR areas cover 31 of those counties; each county in the same metro area shares one FMR. 244 ZIP codes in 3 metro areas must use Small Area FMRs, so voucher payment standards there are set by ZIP code.

Two-bedroom FMR by county

FY 2027 two-bedroom fair market rent by county in Alabama
County	2BR	Change	HUD FMR area
Baldwin County	$1,434	+6.6%	Daphne-Fairhope-Foley, AL MSA
Bibb County	$1,375	+8.6%	Birmingham-Hoover, AL HUD Metro FMR Area
Blount County	$1,375	+8.6%	Birmingham-Hoover, AL HUD Metro FMR Area
Jefferson County	$1,375	+8.6%	Birmingham-Hoover, AL HUD Metro FMR Area
Shelby County	$1,375	+8.6%	Birmingham-Hoover, AL HUD Metro FMR Area
St. Clair County	$1,375	+8.6%	Birmingham-Hoover, AL HUD Metro FMR Area
Limestone County	$1,341	+2.4%	Huntsville, AL MSA
Madison County	$1,341	+2.4%	Huntsville, AL MSA
Lee County	$1,277	+8.1%	Auburn-Opelika, AL HUD Metro FMR Area
Russell County	$1,212	+11.4%	Columbus, GA-AL HUD Metro FMR Area
Hale County	$1,165	−0.3%	Tuscaloosa, AL HUD Metro FMR Area
Tuscaloosa County	$1,165	−0.3%	Tuscaloosa, AL HUD Metro FMR Area
Greene County	$1,163	+2.0%	Greene County, AL HUD Metro FMR Area
Autauga County	$1,150	+13.2%	Montgomery, AL MSA
Elmore County	$1,150	+13.2%	Montgomery, AL MSA
Lowndes County	$1,150	+13.2%	Montgomery, AL MSA
Montgomery County	$1,150	+13.2%	Montgomery, AL MSA
Mobile County	$1,139	+5.2%	Mobile, AL MSA
Coffee County	$1,098	+17.7%	Non-metro
Chambers County	$1,091	+8.9%	Non-metro
Colbert County	$1,085	+8.5%	Florence-Muscle Shoals, AL MSA
Lauderdale County	$1,085	+8.5%	Florence-Muscle Shoals, AL MSA
Pike County	$1,055	+15.7%	Non-metro
Chilton County	$1,038	+7.0%	Chilton County, AL HUD Metro FMR Area
Cullman County	$1,034	+17.6%	Non-metro
Lawrence County	$1,023	+6.5%	Decatur, AL MSA
Morgan County	$1,023	+6.5%	Decatur, AL MSA
Calhoun County	$1,010	+5.0%	Anniston-Oxford, AL MSA
Cleburne County	$1,004	+15.8%	Non-metro
Tallapoosa County	$994	+16.0%	Non-metro
Cherokee County	$986	+16.8%	Non-metro
Macon County	$981	−1.4%	Macon County, AL HUD Metro FMR Area
Talladega County	$977	+20.0%	Non-metro
Etowah County	$975	+5.2%	Gadsden, AL MSA
Geneva County	$966	+1.7%	Dothan, AL HUD Metro FMR Area
Houston County	$966	+1.7%	Dothan, AL HUD Metro FMR Area
Butler County	$959	+14.6%	Non-metro
Walker County	$949	+7.1%	Walker County, AL HUD Metro FMR Area
Dallas County	$945	+13.0%	Non-metro
Marshall County	$925	+19.2%	Non-metro
Randolph County	$923	+18.6%	Non-metro
Barbour County	$921	+18.7%	Non-metro
Bullock County	$921	+18.7%	Non-metro
Choctaw County	$921	+18.4%	Non-metro
Clarke County	$921	+16.4%	Non-metro
Clay County	$921	+18.7%	Non-metro
Conecuh County	$921	+18.7%	Non-metro
Coosa County	$921	+18.7%	Non-metro
Covington County	$921	+18.7%	Non-metro
Crenshaw County	$921	+18.7%	Non-metro
Dale County	$921	+18.7%	Non-metro
DeKalb County	$921	+18.7%	Non-metro
Escambia County	$921	+18.7%	Non-metro
Fayette County	$921	+18.7%	Non-metro
Franklin County	$921	+18.7%	Non-metro
Henry County	$921	+4.9%	Henry County, AL HUD Metro FMR Area
Jackson County	$921	+18.7%	Non-metro
Lamar County	$921	+18.7%	Non-metro
Marengo County	$921	+17.6%	Non-metro
Marion County	$921	+18.7%	Non-metro
Monroe County	$921	+18.7%	Non-metro
Perry County	$921	+14.7%	Non-metro
Pickens County	$921	+18.7%	Pickens County, AL HUD Metro FMR Area
Sumter County	$921	+11.4%	Non-metro
Washington County	$921	−6.3%	Non-metro
Wilcox County	$921	+9.3%	Non-metro
Winston County	$921	+18.7%	Non-metro

HUD metro FMR areas

FY 2027 two-bedroom fair market rent by HUD metro area in Alabama
Metro area	Counties	2BR
Daphne-Fairhope-Foley, AL MSA	1	$1,434
Birmingham-Hoover, AL HUD Metro FMR Area	5	$1,375
Huntsville, AL MSA	2	$1,341
Auburn-Opelika, AL HUD Metro FMR Area	1	$1,277
Columbus, GA-AL HUD Metro FMR Area	1	$1,212
Tuscaloosa, AL HUD Metro FMR Area	2	$1,165
Greene County, AL HUD Metro FMR Area	1	$1,163
Montgomery, AL MSA	4	$1,150
Mobile, AL MSA	1	$1,139
Florence-Muscle Shoals, AL MSA	2	$1,085
Chilton County, AL HUD Metro FMR Area	1	$1,038
Decatur, AL MSA	2	$1,023
Anniston-Oxford, AL MSA	1	$1,010
Macon County, AL HUD Metro FMR Area	1	$981
Gadsden, AL MSA	1	$975
Dothan, AL HUD Metro FMR Area	2	$966
Walker County, AL HUD Metro FMR Area	1	$949
Henry County, AL HUD Metro FMR Area	1	$921
Pickens County, AL HUD Metro FMR Area	1	$921

Questions about Alabama rents

What is the fair market rent in Alabama?

HUD sets fair market rents by metro area and county, not statewide. For FY 2027 the median county two-bedroom FMR in Alabama is $975. Look up the county or ZIP code to see the value that applies to a specific property.

Which Alabama counties have the highest fair market rent?

For FY 2027, the highest two-bedroom FMRs are in Baldwin County ($1,434), Bibb County ($1,375), Blount County ($1,375).

Does Alabama use Small Area Fair Market Rents?

Yes, in part. HUD requires Small Area FMRs in 244 ZIP codes across the Birmingham-Hoover, AL HUD Metro FMR Area, Montgomery, AL MSA and Mobile, AL MSA. Elsewhere, housing authorities use the metro or county FMR unless they choose to adopt Small Area FMRs.

Source: HUD FY 2027 Fair Market Rents. Change compares each county's two-bedroom FMR with FY 2026.

Alabama counties Alabama cities Alabama ZIP codes What is FMR?

Data source: U.S. Department of Housing and Urban Development (HUD)

Fiscal Year 2027