HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Monroe County, Alabama (FY 2027)
A two-bedroom in Monroe County carries a FY 2027 Fair Market Rent of $921 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Monroe keys off that figure.
Two-bedroom FMR
$921
+18.7% from FY 2026
Payment standard
$829–$1,013
90% to 110% of the FMR, two-bedroom
Income to afford
$36,840
a year, with rent at 30% of income
Rank in Alabama
61st of 67
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $700 | $630–$770 | $28,000 | $13.46/hr | +21.5% |
| 1 bedroom | $704 | $634–$774 | $28,160 | $13.54/hr | +13.7% |
| 2 bedroom | $921 | $829–$1,013 | $36,840 | $17.71/hr | +18.7% |
| 3 bedroom | $1,275 | $1,148–$1,403 | $51,000 | $24.52/hr | +18.2% |
| 4 bedroom | $1,496 | $1,346–$1,646 | $59,840 | $28.77/hr | +19.3% |
Five to eight 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 | $1,720 | $1,548–$1,892 |
| 6 bedroom Estimate | $1,945 | $1,751–$2,140 |
| 7 bedroom Estimate | $2,169 | $1,952–$2,386 |
| 8 bedroom Estimate | $2,394 | $2,155–$2,633 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Monroe actually rent for?
Search any address in Monroe for a rent estimate built from nearby comps, with the HUD figure right next to it.
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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 Monroe somewhere between $829 and $1,013. 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.
$921 a month is affordable, by HUD's 30% rule, on an income of roughly $36,840 a year. Put another way, $18 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$829 | Voucher pays at 100%$921 | Voucher pays at 110%$1,013 |
|---|---|---|---|---|
| $2,500 | $750 | $79 | $171 | $263 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 19% from FY 2026 ($776) to FY 2027 ($921). Since FY 2020 it's up 50% in total, about 6.0% a year. The Alabama median moved up 11% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $474 | $538 | $612 | $763 | $876 | — |
| FY 2021 | $479 | $556 | $634 | $789 | $925 | +3.6% |
| FY 2022 | $530 | $619 | $705 | $922 | $1,040 | +11.2% |
| FY 2023 | $560 | $655 | $740 | $1,046 | $1,078 | +5.0% |
| FY 2024 | $642 | $763 | $857 | $1,208 | $1,236 | +15.8% |
| FY 2025 | $578 | $687 | $772 | $1,088 | $1,199 | -9.9% |
| FY 2026 | $576 | $619 | $776 | $1,079 | $1,254 | +0.5% |
| FY 2027In effect | $700 | $704 | $921 | $1,275 | $1,496 | +18.7% |
About this rate
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 2027 that's October 1, 2026 through September 30, 2027. In Monroe, that runs from $700 for a studio up to $1,496 for four bedrooms, all five rates in the table above.
Because Monroe 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, Monroeville included.
Among Alabama's 67 counties, Monroe ranks 61st for two-bedroom FMR. That's about 6% below the state median of $975 and about 13% below the national median county at $1,063. About 19,388 people live here, 46th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $920 in 36444 (Franklin) and $1,220 in 36480 (Uriah), with the 9 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.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 36425 | Beatrice | $940 | +2.1% |
| 36439 | Excel | $930 | +1.0% |
| 36444 | Franklin | $920 | -0.1% |
| 36445 | Frisco City | $940 | +2.1% |
| 36449 | Goodway | $921County rate | — |
| 36457 | Megargel | $921County rate | — |
| 36458 | Mexia | $921County rate | — |
| 36460 | Monroeville | $920 | -0.1% |
| 36461 | Monroeville | $921County rate | — |
| 36470 | Perdue Hill | $920 | -0.1% |
| 36471 | Peterman | $920 | -0.1% |
| 36480 | Uriah | $1,220 | +32.5% |
| 36481 | Vredenburgh | $920 | -0.1% |
Nearby counties
Two-bedroom FMR, with how each compares to Monroe.
Conecuh County
23 mi · 11,275 people
$921
same rate
Clarke County
29 mi · 22,543 people
$921
same rate
Escambia County
30 mi · 36,629 people
$921
same rate
Wilcox County
34 mi · 10,172 people
$921
same rate
Butler County
40 mi · 18,630 people
$959
+4%
Washington County
47 mi · 15,143 people
$921
same rate
Marengo County
56 mi · 18,851 people
$921
same rate
Covington County
58 mi · 37,628 people
$921
same rate
Questions people ask
$921 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $700 for a studio, $704 for one bedroom, $1,275 for three and $1,496 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
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
The income a household needs for a given rent
What does a rental in Monroe actually go for?
HUD's number is one input. Search any address in Monroe for a rent estimate built from nearby comps. Free to start, no card.
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