FMR is below market; voucher rent may lag private rents.
0.77
1 BR
1 BR
1.02ratio
FMR$840
Market$820
vs market+$20
FMR is near market; voucher and private rents are aligned.
1.02
2 BR
2 BR
0.85ratio
FMR$920
Market$1,080
vs market-$160
FMR is below market; voucher rent may lag private rents.
0.85
3 BR
3 BR
0.95ratio
FMR$1,280
Market$1,350
vs market-$70
FMR is near market; voucher and private rents are aligned.
0.95
4 BR
4 BR
1.08ratio
FMR$1,540
Market$1,430
vs market+$110
FMR is near market; voucher and private rents are aligned.
1.08
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 36361 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 36361 (Ozark, AL) is $920 a month. That is up 17.9% from $780 in FY 2026. Ozark is in the Dale County, AL non-metropolitan 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 county-wide two-bedroom FMR of $921. Among 20 ZIP codes in Dale County, 36361 is tied for the 9th-highest two-bedroom rent (county range $920–$1,380). The median county two-bedroom FMR in Alabama is $975, so ZIP 36361 is 6% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 36361
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$610
$670
+9.8%
$603–$737
1BR
$690
$840
+21.7%
$756–$924
2BR
$780
$920
+17.9%
$828–$1,012
3BR
$1,080
$1,280
+18.5%
$1,152–$1,408
4BR
$1,310
$1,540
+17.6%
$1,386–$1,694
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 36361
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$670
$840
$920
$1,280
$1,540
FY 2026
$610
$690
$780
$1,080
$1,310
FY 2025
$670
$680
$780
$1,090
$1,310
FY 2024area FMR
$743
$754
$857
$1,208
$1,454
FY 2023area FMR
$633
$636
$740
$1,052
$1,260
Marked years use a different HUD benchmark than FY 2027, so they are not a like-for-like change.
How much will Section 8 pay for a two-bedroom in ZIP 36361?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $921, which applies unless the housing authority uses Small Area FMRs, that basic range is $829 to $1,013 a month; under the ZIP-level Small Area FMR of $920 it would be $828 to $1,012. 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 36361 in?
ZIP 36361 is in the Dale County, AL non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $921.
How much did fair market rent change in ZIP 36361 for FY 2027?
The two-bedroom FMR rose 17.9%, from $780 in FY 2026 to $920 in FY 2027. Since FY 2025 it has risen 17.9%.
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