36109
ZIPSAFMR
Montgomery County, AL
BRFMR
Eff. Rent
0 BR$870$940
1 BR$880$940
2 BR$1,030$1,050
3 BR$1,320$1,290
4 BR$1,560$1,570
5 BR$1,794
6 BR$2,063
7 BR$2,373
8 BR$2,728

Purchase Price Calculator

Maximum purchase price
$94,113

Cost breakdown

+Likely effective rent$1,050
HUD FMR$1,030
Market rent$1,060
Est. payment standard (102%)Used$1,050
Estimated payment standard is $1,050 (102% of FMR).
-Principal and interest-$476
Loan amount$75,290
Down payment$18,823
Rate6.50%
Term30 years
-Operating costs-$374
Property taxes-$94
Insurance-$175
Utilities$0
HOA$0
Management-$105
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,134(91.0% ROI)
Projected value
$101,349
Current value$94,113
Return breakdown
Property appreciation+$7,236
Loan principal paid down+$2,697
Rental cash flow+$7,200
5-year hold
+$29,178(155.0% ROI)
Projected value
$106,480
Current value$94,113
Return breakdown
Property appreciation+$12,367
Loan principal paid down+$4,810
Rental cash flow+$12,000
10-year hold
+$61,822(328.4% ROI)
Projected value
$120,473
Current value$94,113
Return breakdown
Property appreciation+$26,360
Loan principal paid down+$11,462
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
0.90ratio
FMR$870
Market$970
vs market-$100

FMR is below market; voucher rent may lag private rents.

90% standard$783 / 0.81 ratio110% standard$957 / 0.99 ratio
0.90
1 BR
1 BR
0.90ratio
FMR$880
Market$980
vs market-$100

FMR is below market; voucher rent may lag private rents.

90% standard$792 / 0.81 ratio110% standard$968 / 0.99 ratio
0.90
2 BR
2 BR
0.97ratio
FMR$1,030
Market$1,060
vs market-$30

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

90% standard$927 / 0.87 ratio110% standard$1,133 / 1.07 ratio
0.97
3 BR
3 BR
1.02ratio
FMR$1,320
Market$1,290
vs market+$30

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

90% standard$1,188 / 0.92 ratio110% standard$1,452 / 1.13 ratio
1.02
4 BR
4 BR
0.99ratio
FMR$1,560
Market$1,570
vs market-$10

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

90% standard$1,404 / 0.89 ratio110% standard$1,716 / 1.09 ratio
0.99
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller 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 36109 (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.

36109 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 36109 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,030 and the 4 bedroom fair market rent is $1,560.

Use this page for searches like 36109 FMR, 36109 fair market rent, and 36109 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 36109
Bedroom sizeHUD FMR
Studio$870
1 bedroom$880
2 bedroom$1,030
3 bedroom$1,320
4 bedroom$1,560