FMR is near market; voucher and private rents are aligned.
0.95
1 BR
1 BR
1.26ratio
FMR$1,260
Market$1,000
vs market+$260
FMR is above market; underwrite to market rent.
1.26
2 BR
2 BR
1.21ratio
FMR$1,380
Market$1,140
vs market+$240
FMR is above market; underwrite to market rent.
1.21
3 BR
3 BR
1.29ratio
FMR$1,910
Market$1,480
vs market+$430
FMR is above market; underwrite to market rent.
1.29
4 BR
4 BR
1.10ratio
FMR$2,310
Market$2,100
vs market+$210
FMR is near market; voucher and private rents are aligned.
1.10
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 36362 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 36362 (Fort Rucker, AL) is $1,380 a month. That is up 19.0% from $1,160 in FY 2026. Fort Rucker 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, 36362 has the highest two-bedroom rent (county range $920–$1,380). The median county two-bedroom FMR in Alabama is $975, so ZIP 36362 is 42% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 36362
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$1,000
+16.3%
$900–$1,100
1BR
$1,030
$1,260
+22.3%
$1,134–$1,386
2BR
$1,160
$1,380
+19.0%
$1,242–$1,518
3BR
$1,610
$1,910
+18.6%
$1,719–$2,101
4BR
$1,950
$2,310
+18.5%
$2,079–$2,541
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 36362
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,000
$1,260
$1,380
$1,910
$2,310
FY 2026
$860
$1,030
$1,160
$1,610
$1,950
FY 2025
$950
$1,020
$1,160
$1,630
$1,950
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 36362?
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 $1,380 it would be $1,242 to $1,518. 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 36362 in?
ZIP 36362 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 36362 for FY 2027?
The two-bedroom FMR rose 19.0%, from $1,160 in FY 2026 to $1,380 in FY 2027. Since FY 2025 it has risen 19.0%.
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