HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Clay County, Alabama (FY 2026)
A two-bedroom in Clay County carries a FY 2026 Fair Market Rent of $776 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Clay keys off that figure.
2 bedroom FMR
$776
FY 2026, utilities included
Payment standard range
$698 to $854
90% to 110% of FMR
Income to afford 2BR
$31,040
per year, at 30% of income
Rank in Alabama
51st of 67
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Clay moves to $921. That's up 19%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Clay actually rent for?
Search any address in Clay for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $576 | $518 to $634 | $23,040 | $11.08/hr | +1.9% |
| 1 bedroom | $591 | $532 to $650 | $23,640 | $11.37/hr | -6.2% |
| 2 bedroom | $776 | $698 to $854 | $31,040 | $14.92/hr | +0.5% |
| 3 bedroom | $1,024 | $922 to $1,126 | $40,960 | $19.69/hr | -3.2% |
| 4 bedroom | $1,027 | $924 to $1,130 | $41,080 | $19.75/hr | -9.4% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,181 | $1,063 to $1,299 |
| 6 bedroom Estimate | $1,335 | $1,202 to $1,469 |
| 7 bedroom Estimate | $1,489 | $1,340 to $1,638 |
| 8 bedroom Estimate | $1,643 | $1,479 to $1,807 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Clay, that runs from $576 for a studio up to $1,027 for four bedrooms, all five rates in the table above.
Because Clay sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Hollins included.
Among Alabama's 67 counties, Clay ranks 51st for two-bedroom FMR. That's about 12% below the state median of $879 and about 24% below the national median county at $1,018. About 14,209 people live here, 56th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $780 in 36251 (Ashland) and $820 in 36258 (Delta), with the 6 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Clay somewhere between $698 and $854. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$776 a month is affordable, by HUD's 30% rule, on an income of roughly $31,040 a year. Put another way, $15 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($698) | HAP at 100% ($776) | HAP at 110% ($854) |
|---|---|---|---|---|
| $2,500 | $750 | $0 | $26 | $104 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 1% from FY 2025 ($772) to FY 2026 ($776). Since FY 2020 it's up 27% in total, about 4.0% a year. The Alabama median moved up 3% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $482 | $538 | $612 | $882 | $1,075 | — |
| FY 2021 | $479 | $556 | $634 | $868 | $1,060 | +3.6% |
| FY 2022 | $495 | $609 | $705 | $961 | $1,120 | +11.2% |
| FY 2023 | $520 | $626 | $740 | $1,001 | $1,154 | +5.0% |
| FY 2024 | $620 | $700 | $857 | $1,175 | $1,258 | +15.8% |
| FY 2025 | $565 | $630 | $772 | $1,058 | $1,133 | -9.9% |
| FY 2026 | $576 | $591 | $776 | $1,024 | $1,027 | +0.5% |
| FY 2027 | $699 | $704 | $921 | $1,275 | $1,368 | +18.7% |
Nearby counties
Talladega County
$81422 mi · pop 81,105
Randolph County
$77824 mi · pop 22,179
Tallapoosa County
$85726 mi · pop 41,251
Coosa County
$77628 mi · pop 10,329
Calhoun County
$96233 mi · pop 116,162
Cleburne County
$86736 mi · pop 15,144
Chambers County
$1,00241 mi · pop 34,612
St. Clair County
$1,26641 mi · pop 91,719
Questions people ask
$776 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $576 for a studio, $591 for one bedroom, $1,024 for three and $1,027 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Clay actually go for?
HUD's number is one input. Search any address in Clay for a rent estimate built from nearby comps. 3 free searches, no card.
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