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Jefferson County/BESSEMER/35023

2026 Fair Market Rent for ZIP 35023

ZIPSAFMR
Jefferson County, AL

FY 2026 HUD Small Area FMR: $1,310 per month for a 2-bedroom unit. Local housing authorities set voucher payment standards, which may differ.

Compare similar markets
Zillow
BRFMR
Eff. Rent
0 BR$1,060▲$1,170
1 BR$1,200▲$1,280
2 BR$1,310▲$1,330
3 BR$1,640▲$1,450
4 BR$1,860▲$1,620
5 BR$2,139▲—
6 BR$2,460▲—
7 BR$2,829▲—
8 BR$3,253▲—

Purchase Price Calculator

Maximum purchase price
$135,721

Cost breakdown

+Likely effective rent$1,330
HUD FMR$1,310
Market rent$1,340
Est. payment standard (101%)Used$1,330
Estimated payment standard is $1,330 (101% of FMR).
-Principal and interest-$686
Loan amount$108,577
Down payment$27,144
Rate6.50%
Term30 years
-Operating costs-$444
Property taxes-$136
Insurance-$175
Utilities$0
HOA$0
Management-$133
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,526(79.3% ROI)
Projected value
$146,157
Current value$135,721
Return breakdown
Property appreciation+$10,436
Loan principal paid down+$3,890
Rental cash flow+$7,200
5-year hold
+$36,772(135.5% ROI)
Projected value
$153,556
Current value$135,721
Return breakdown
Property appreciation+$17,835
Loan principal paid down+$6,937
Rental cash flow+$12,000
10-year hold
+$78,543(289.4% ROI)
Projected value
$173,734
Current value$135,721
Return breakdown
Property appreciation+$38,013
Loan principal paid down+$16,530
Rental cash flow+$24,000

Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio
0.84ratio
FMR$1,060
Market$1,260
vs market-$200

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

90% standard$954 / 0.76 ratio110% standard$1,166 / 0.93 ratio
0.84
1 BR
1 BR
0.91ratio
FMR$1,200
Market$1,320
vs market-$120

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

90% standard$1,080 / 0.82 ratio110% standard$1,320 / 1.00 ratio
0.91
2 BR
2 BR
0.98ratio
FMR$1,310
Market$1,340
vs market-$30

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

90% standard$1,179 / 0.88 ratio110% standard$1,441 / 1.08 ratio
0.98
3 BR
3 BR
1.13ratio
FMR$1,640
Market$1,450
vs market+$190

FMR is above market; underwrite to market rent.

90% standard$1,476 / 1.02 ratio110% standard$1,804 / 1.24 ratio
1.13
4 BR
4 BR
1.15ratio
FMR$1,860
Market$1,620
vs market+$240

FMR is above market; underwrite to market rent.

90% standard$1,674 / 1.03 ratio110% standard$2,046 / 1.26 ratio
1.15
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 35023 (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.

What is FMR?What is SAFMR?Data sourcesIncomplete geosView county page

35023 fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 35023 shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,310 and the 4 bedroom fair market rent is $1,860.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for 35023
Bedroom sizeHUD FMR
Studio$1,060
1 bedroom$1,200
2 bedroom$1,310
3 bedroom$1,640
4 bedroom$1,860
Jefferson County fair market rentBESSEMER, AL fair market rent