36868
ZIPSAFMR
Russell County, AL
BRFMR
Eff. Rent
0 BR$800$880
1 BR$850$920
2 BR$1,000$1,030
3 BR$1,320$1,320
4 BR$1,610$1,770
5 BR$1,851
6 BR$2,129
7 BR$2,449
8 BR$2,816

Purchase Price Calculator

Maximum purchase price
$91,141

Cost breakdown

+Likely effective rent$1,030
HUD FMR$1,000
Market rent$1,050
Est. payment standard (103%)Used$1,030
Estimated payment standard is $1,030 (103% of FMR).
-Principal and interest-$461
Loan amount$72,913
Down payment$18,228
Rate6.50%
Term30 years
-Operating costs-$369
Property taxes-$91
Insurance-$175
Utilities$0
HOA$0
Management-$103
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,820(92.3% ROI)
Projected value
$98,149
Current value$91,141
Return breakdown
Property appreciation+$7,008
Loan principal paid down+$2,612
Rental cash flow+$7,200
5-year hold
+$28,635(157.1% ROI)
Projected value
$103,118
Current value$91,141
Return breakdown
Property appreciation+$11,977
Loan principal paid down+$4,658
Rental cash flow+$12,000
10-year hold
+$60,627(332.6% ROI)
Projected value
$116,668
Current value$91,141
Return breakdown
Property appreciation+$25,527
Loan principal paid down+$11,100
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
0.82ratio
FMR$800
Market$980
vs market-$180

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

90% standard$720 / 0.73 ratio110% standard$880 / 0.90 ratio
0.82
1 BR
1 BR
0.89ratio
FMR$850
Market$960
vs market-$110

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

90% standard$765 / 0.80 ratio110% standard$935 / 0.97 ratio
0.89
2 BR
2 BR
0.95ratio
FMR$1,000
Market$1,050
vs market-$50

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

90% standard$900 / 0.86 ratio110% standard$1,100 / 1.05 ratio
0.95
3 BR
3 BR
1.00ratio
FMR$1,320
Market$1,320
vs market+$0

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

90% standard$1,188 / 0.90 ratio110% standard$1,452 / 1.10 ratio
1.00
4 BR
4 BR
0.83ratio
FMR$1,610
Market$1,950
vs market-$340

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

90% standard$1,449 / 0.74 ratio110% standard$1,771 / 0.91 ratio
0.83
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 36868 (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.

36868 fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for 36868 shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,000 and the 4 bedroom fair market rent is $1,610.

Use this page for searches like 36868 FMR, 36868 fair market rent, and 36868 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 36868
Bedroom sizeHUD FMR
Studio$800
1 bedroom$850
2 bedroom$1,000
3 bedroom$1,320
4 bedroom$1,610