FMR is below market; voucher rent may lag private rents.
0.65
1 BR
1 BR
0.77ratio
FMR$890
Market$1,150
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR
0.76ratio
FMR$1,040
Market$1,360
vs market-$320
FMR is below market; voucher rent may lag private rents.
0.76
3 BR
3 BR
0.83ratio
FMR$1,340
Market$1,610
vs market-$270
FMR is below market; voucher rent may lag private rents.
0.83
4 BR
4 BR
0.78ratio
FMR$1,430
Market$1,830
vs market-$400
FMR is below market; voucher rent may lag private rents.
0.78
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 36663 fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 36663 (Mobile, AL) is $1,040 a month. That is up 6.1% from $980 in FY 2026. Mobile is in the Mobile, AL MSA, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 45 ZIP codes in Mobile County, 36663 has the 35th-highest two-bedroom rent (county range $920–$1,710). The median county two-bedroom FMR in Alabama is $975, so ZIP 36663 is 7% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for 36663
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$770
$850
+10.4%
$765–$935
1BR
$830
$890
+7.2%
$801–$979
2BR
$980
$1,040
+6.1%
$936–$1,144
3BR
$1,270
$1,340
+5.5%
$1,206–$1,474
4BR
$1,300
$1,430
+10.0%
$1,287–$1,573
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for 36663
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$890
$1,040
$1,340
$1,430
FY 2026
$770
$830
$980
$1,270
$1,300
FY 2025
$750
$840
$1,010
$1,320
$1,350
FY 2024
$810
$890
$1,090
$1,440
$1,480
FY 2023
$740
$800
$990
$1,320
$1,410
Two-bedroom rent in nearby Mobile County ZIP codes
How much will Section 8 pay for a two-bedroom in ZIP 36663?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,040, that basic range is $936 to $1,144 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 36663 in?
ZIP 36663 is in the Mobile, 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 36663 for FY 2027?
The two-bedroom FMR rose 6.1%, from $980 in FY 2026 to $1,040 in FY 2027. Since FY 2023 it has risen 5.1%.
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