FMR is below market; voucher rent may lag private rents.
0.69
1 BR
1 BR
0.95ratio
FMR$790
Market$830
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.95
2 BR
2 BR
1.06ratio
FMR$990
Market$930
vs market+$60
FMR is near market; voucher and private rents are aligned.
1.06
3 BR
3 BR
0.86ratio
FMR$1,320
Market$1,540
vs market-$220
FMR is below market; voucher rent may lag private rents.
0.86
4 BR
4 BR
0.82ratio
FMR$1,450
Market$1,770
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.82
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
--
ZIP 36304 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 36304 (Dothan, AL) is $990 a month. That is up 2.1% from $970 in FY 2026. Dothan is in the Dothan, AL HUD Metro FMR Area. 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 $966. Among 8 ZIP codes in Houston County, 36304 is tied for the highest two-bedroom rent (county range $920–$990). The median county two-bedroom FMR in Alabama is $975, so ZIP 36304 is 2% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 36304
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$780
+1.3%
$702–$858
1BR
$780
$790
+1.3%
$711–$869
2BR
$970
$990
+2.1%
$891–$1,089
3BR
$1,320
$1,320
0.0%
$1,188–$1,452
4BR
$1,460
$1,450
−0.7%
$1,305–$1,595
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 36304
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$780
$790
$990
$1,320
$1,450
FY 2026
$770
$780
$970
$1,320
$1,460
FY 2025
$740
$740
$920
$1,260
$1,420
FY 2024
$750
$750
$920
$1,240
$1,410
FY 2023
$630
$640
$780
$1,040
$1,190
Two-bedroom rent in nearby Houston County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 36304?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $966, which applies unless the housing authority uses Small Area FMRs, that basic range is $869 to $1,063 a month; under the ZIP-level Small Area FMR of $990 it would be $891 to $1,089. 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 36304 in?
ZIP 36304 is in the Dothan, AL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $966.
How much did fair market rent change in ZIP 36304 for FY 2027?
The two-bedroom FMR rose 2.1%, from $970 in FY 2026 to $990 in FY 2027. Since FY 2023 it has risen 26.9%.
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