Skip to main content
Loading page
Madison County/Huntsville/35811

35811

ZIPSAFMR
Madison County, AL
Zillow

ZIP Investment Score

85Below average

095130300
BRFMR
Eff. Rent
0 BR$1,070$1,160
1 BR$1,120$1,130
2 BR$1,280$1,340
3 BR$1,660$1,640
4 BR$2,140$1,950
5 BR$2,461Not available
6 BR$2,830Not available
7 BR$3,255Not available
8 BR$3,743Not available

Purchase Price Calculator

Maximum purchase price
$137,207

Cost breakdown

+Likely effective rent$1,340
HUD FMR$1,280
Market rent$1,370
Est. payment standard (105%)Used$1,340
-Principal and interest-$694
Loan amount$109,766
Down payment$27,441
Rate6.50%
Term30 years
-Operating costs-$446
Property taxes-$137
Insurance-$175
Utilities$0
HOA$0
Management-$134
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,683(79.0% ROI)
Projected value
$147,757
Return breakdown
Property appreciation+$10,550
Loan principal paid down+$3,933
Rental cash flow+$7,200
5-year hold
+$37,043(135.0% ROI)
Projected value
$155,237
Return breakdown
Property appreciation+$18,030
Loan principal paid down+$7,013
Rental cash flow+$12,000
10-year hold
+$79,140(288.4% ROI)
Projected value
$175,637
Return breakdown
Property appreciation+$38,430
Loan principal paid down+$16,711
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.88
1 BR
0.98
2 BR
0.93
3 BR
1.01
4 BR
1.10
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 35811 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 35811 (Huntsville, AL) is $1,280 a month. That is up 3.2% from $1,240 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, 35811 has the 23rd-highest two-bedroom rent (county range $1,180–$2,010). The median county two-bedroom FMR in Alabama is $975, so ZIP 35811 is 31% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 35811
BedroomsFY 2027Change90–110% range
Studio$1,070+9.2%$963–$1,177
1BR$1,120+3.7%$1,008–$1,232
2BR$1,280+3.2%$1,152–$1,408
3BR$1,660+3.8%$1,494–$1,826
4BR$2,140+7.0%$1,926–$2,354

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 35811
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,070$1,120$1,280$1,660$2,140
FY 2026$980$1,080$1,240$1,600$2,000
FY 2025$870$1,000$1,170$1,510$1,840
FY 2024$850$1,010$1,180$1,530$1,830
FY 2023$710$840$990$1,300$1,550

Two-bedroom rent in nearby Madison County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 35811
35805$1,180−7.8%
35806$1,560+21.9%
35807$1,370+7.0%
35808$2,010+57.0%
35809$1,370+7.0%
35810$1,250−2.3%
35811Current$1,280—
35812$1,370+7.0%
35813$1,370+7.0%
35814$1,370+7.0%
35815$1,370+7.0%
35816$1,180−7.8%

Questions about ZIP 35811 rents

How much will Section 8 pay for a two-bedroom in ZIP 35811?

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 $1,280 it would be $1,152 to $1,408. 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 35811 in?

ZIP 35811 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 35811 for FY 2027?

The two-bedroom FMR rose 3.2%, from $1,240 in FY 2026 to $1,280 in FY 2027. Since FY 2023 it has risen 29.3%.

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