FMR is near market; voucher and private rents are aligned.
0.95
1 BR
1 BR
0.93ratio
FMR$1,130
Market$1,210
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.93
2 BR
2 BR
1.08ratio
FMR$1,290
Market$1,190
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.08
3 BR
3 BR
1.36ratio
FMR$1,660
Market$1,220
vs market+$440
FMR is above market; underwrite to market rent.
1.36
4 BR
4 BR
1.14ratio
FMR$1,920
Market$1,690
vs market+$230
FMR is above market; underwrite to market rent.
1.14
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 36057 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 36057 (Mount Meigs, AL) is $1,290 a month. That is down 0.8% from $1,300 in FY 2026. Mount Meigs is in the Montgomery, AL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 27 ZIP codes in Montgomery County, 36057 is tied for the 4th-highest two-bedroom rent (county range $920–$1,730). The median county two-bedroom FMR in Alabama is $975, so ZIP 36057 is 32% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 36057
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,100
$1,110
+0.9%
$999–$1,221
1BR
$1,110
$1,130
+1.8%
$1,017–$1,243
2BR
$1,300
$1,290
−0.8%
$1,161–$1,419
3BR
$1,670
$1,660
−0.6%
$1,494–$1,826
4BR
$1,970
$1,920
−2.5%
$1,728–$2,112
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 36057
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,110
$1,130
$1,290
$1,660
$1,920
FY 2026
$1,100
$1,110
$1,300
$1,670
$1,970
FY 2025
$1,000
$1,040
$1,240
$1,580
$1,960
FY 2024
$830
$900
$1,080
$1,370
$1,730
FY 2023area FMR
$716
$817
$977
$1,241
$1,595
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
Two-bedroom rent in nearby Montgomery County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 36057?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,290, that basic range is $1,161 to $1,419 a month. 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 36057 in?
ZIP 36057 is in the Montgomery, AL MSA. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.
How much did fair market rent change in ZIP 36057 for FY 2027?
The two-bedroom FMR fell 0.8%, from $1,300 in FY 2026 to $1,290 in FY 2027. Since FY 2024 it has risen 19.4%.
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