35824
ZIPSAFMR
Madison County, AL
BRFMR
Eff. Rent
0 BR$1,170$1,170
1 BR$1,290$1,290
2 BR$1,490$1,490
3 BR$1,920$1,690
4 BR$2,400$2,060
5 BR$2,760
6 BR$3,174
7 BR$3,650
8 BR$4,198

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio
0.88ratio
FMR$1,170
Market$1,330
vs market-$160

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.88
1 BR
1 BR
0.98ratio
FMR$1,290
Market$1,310
vs market-$20

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.98
2 BR
2 BR
0.86ratio
FMR$1,490
Market$1,730
vs market-$240

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.86
3 BR
3 BR
1.14ratio
FMR$1,920
Market$1,690
vs market+$230

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.14
4 BR
4 BR
1.17ratio
FMR$2,400
Market$2,060
vs market+$340

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.17
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$159,497
Rent
$1,490
Down payment
$31,899
Loan
$127,598
Mortgage
$807
Expenses
$483
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for 35824 (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.