FMR is near market; voucher and private rents are aligned.
1.03
1 BR
1 BR
0.98ratio
FMR$1,200
Market$1,220
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR
0.98ratio
FMR$1,370
Market$1,400
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.98
3 BR
3 BR
1.03ratio
FMR$1,770
Market$1,720
vs market+$50
FMR is near market; voucher and private rents are aligned.
1.03
4 BR
4 BR
1.04ratio
FMR$2,290
Market$2,210
vs market+$80
FMR is near market; voucher and private rents are aligned.
1.04
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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ZIP 35807 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 35807 (Huntsville, AL) is $1,370 a month. That is up 2.2% from $1,340 in FY 2026. Huntsville 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. Among 29 ZIP codes in Madison County, 35807 is tied for the 13th-highest two-bedroom rent (county range $1,180–$2,010). The median county two-bedroom FMR in Alabama is $975, so ZIP 35807 is 41% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 35807
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,050
$1,140
+8.6%
$1,026–$1,254
1BR
$1,160
$1,200
+3.4%
$1,080–$1,320
2BR
$1,340
$1,370
+2.2%
$1,233–$1,507
3BR
$1,730
$1,770
+2.3%
$1,593–$1,947
4BR
$2,160
$2,290
+6.0%
$2,061–$2,519
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 35807
Fiscal year
Studio
1BR
2BR
3BR
4BR
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 in nearby Madison County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 35807?
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 ZIP 35807 in?
ZIP 35807 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 ZIP 35807 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