35896
ZIPSAFMR
Madison County, AL
BRFMR
Eff. Rent
0 BR$1,070$850
1 BR$1,180$1,040
2 BR$1,360$1,260
3 BR$1,750$1,490
4 BR$2,190$1,680
5 BR$2,519
6 BR$2,896
7 BR$3,331
8 BR$3,830

Purchase Price Calculator

Maximum purchase price
$125,319

Cost breakdown

+Likely effective rent$1,260
HUD FMR$1,360
Market rentUsed$1,260
Est. payment standard (95%)$1,300
Market rent is below the inferred standard ($1,300, 95% of FMR).
-Principal and interest-$634
Loan amount$100,255
Down payment$25,064
Rate6.50%
Term30 years
-Operating costs-$426
Property taxes-$125
Insurance-$175
Utilities$0
HOA$0
Management-$126
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,428(81.5% ROI)
Projected value
$134,955
Current value$125,319
Return breakdown
Property appreciation+$9,636
Loan principal paid down+$3,592
Rental cash flow+$7,200
5-year hold
+$34,873(139.1% ROI)
Projected value
$141,787
Current value$125,319
Return breakdown
Property appreciation+$16,468
Loan principal paid down+$6,405
Rental cash flow+$12,000
10-year hold
+$74,363(296.7% ROI)
Projected value
$160,419
Current value$125,319
Return breakdown
Property appreciation+$35,100
Loan principal paid down+$15,263
Rental cash flow+$24,000

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Market Alignment

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

Studio
Studio
1.26ratio
FMR$1,070
Market$850
vs market+$220

FMR is above market; underwrite to market rent.

90% standard$963 / 1.13 ratio110% standard$1,177 / 1.38 ratio
1.26
1 BR
1 BR
1.13ratio
FMR$1,180
Market$1,040
vs market+$140

FMR is above market; underwrite to market rent.

90% standard$1,062 / 1.02 ratio110% standard$1,298 / 1.25 ratio
1.13
2 BR
2 BR
1.08ratio
FMR$1,360
Market$1,260
vs market+$100

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

90% standard$1,224 / 0.97 ratio110% standard$1,496 / 1.19 ratio
1.08
3 BR
3 BR
1.17ratio
FMR$1,750
Market$1,490
vs market+$260

FMR is above market; underwrite to market rent.

90% standard$1,575 / 1.06 ratio110% standard$1,925 / 1.29 ratio
1.17
4 BR
4 BR
1.30ratio
FMR$2,190
Market$1,680
vs market+$510

FMR is above market; underwrite to market rent.

90% standard$1,971 / 1.17 ratio110% standard$2,409 / 1.43 ratio
1.30
0.700.800.901.001.101.201.30aligned range

HUD benchmarks exceed market rents for larger unit sizes.

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 35896 (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.

35896 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 35896 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,360 and the 4 bedroom fair market rent is $2,190.

Use this page for searches like 35896 FMR, 35896 fair market rent, and 35896 Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for 35896
Bedroom sizeHUD FMR
Studio$1,070
1 bedroom$1,180
2 bedroom$1,360
3 bedroom$1,750
4 bedroom$2,190