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Lauderdale County/Anderson/35610

35610

ZIPSAFMR
Lauderdale County, AL
Zillow

ZIP Investment Score

129Above average

095130300
BRFMR
Eff. Rent
0 BR$930$930
1 BR$1,030$1,030
2 BR$1,180$1,180
3 BR$1,530$1,530
4 BR$1,900$1,900
5 BR$2,185Not available
6 BR$2,513Not available
7 BR$2,890Not available
8 BR$3,323Not available

Purchase Price Calculator

Maximum purchase price
$113,431

Cost breakdown

+Likely effective rent$1,180
HUD FMRUsed$1,180
Market rentN/A
Est. payment standardN/A
-Principal and interest-$574
Loan amount$90,745
Down payment$22,686
Rate6.50%
Term30 years
-Operating costs-$406
Property taxes-$113
Insurance-$175
Utilities$0
HOA$0
Management-$118
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,173(84.5% ROI)
Projected value
$122,153
Return breakdown
Property appreciation+$8,722
Loan principal paid down+$3,251
Rental cash flow+$7,200
5-year hold
+$32,703(144.2% ROI)
Projected value
$128,337
Return breakdown
Property appreciation+$14,906
Loan principal paid down+$5,798
Rental cash flow+$12,000
10-year hold
+$69,585(306.7% ROI)
Projected value
$145,201
Return breakdown
Property appreciation+$31,770
Loan principal paid down+$13,815
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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ZIP 35610 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 35610 (Anderson, AL) is $1,180 a month. That is up 4.4% from $1,130 in FY 2026. Anderson is in the Florence-Muscle Shoals, 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 $1,085. Among 21 ZIP codes in Lauderdale County, 35610 is tied for the 3rd-highest two-bedroom rent (county range $920–$1,260). The median county two-bedroom FMR in Alabama is $975, so ZIP 35610 is 21% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 35610
BedroomsFY 2027Change90–110% range
Studio$930+10.7%$837–$1,023
1BR$1,030+6.2%$927–$1,133
2BR$1,180+4.4%$1,062–$1,298
3BR$1,530+5.5%$1,377–$1,683
4BR$1,900+7.3%$1,710–$2,090

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 35610
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$930$1,030$1,180$1,530$1,900
FY 2026$840$970$1,130$1,450$1,770
FY 2025$810$970$1,130$1,460$1,750
FY 2024$690$790$970$1,220$1,480
FY 2023$590$690$810$1,080$1,290

Two-bedroom rent in nearby Lauderdale County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 35610
35610Current$1,180—
35614$1,1800.0%
35621$1,110−5.9%
35622$1,050−11.0%
35630$1,130−4.2%
35631$1,070−9.3%
35632$1,130−4.2%
35633$1,070−9.3%
35634$1,170−0.8%
35643$920−22.0%
35645$1,260+6.8%
35648$920−22.0%

Questions about ZIP 35610 rents

How much will Section 8 pay for a two-bedroom in ZIP 35610?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,085, which applies unless the housing authority uses Small Area FMRs, that basic range is $977 to $1,194 a month; under the ZIP-level Small Area FMR of $1,180 it would be $1,062 to $1,298. 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 ZIP 35610 in?

ZIP 35610 is in the Florence-Muscle Shoals, AL MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,085.

How much did fair market rent change in ZIP 35610 for FY 2027?

The two-bedroom FMR rose 4.4%, from $1,130 in FY 2026 to $1,180 in FY 2027. Since FY 2023 it has risen 45.7%.

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

County fair market rentAnderson, AL fair market rentAL statewide rentsWhat is SAFMR?Data sources