HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Montgomery County, Alabama (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Montgomery County is $1,150 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$1,150
+13.2% from FY 2026
Payment standard
$1,035–$1,265
90% to 110% of the FMR, two-bedroom
Income to afford
$46,000
a year, with rent at 30% of income
Rank in Alabama
17th 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 | $986 | $887–$1,085 | $39,440 | $18.96/hr | +14.7% |
| 1 bedroom | $1,003 | $903–$1,103 | $40,120 | $19.29/hr | +15.3% |
| 2 bedroom | $1,150 | $1,035–$1,265 | $46,000 | $22.12/hr | +13.2% |
| 3 bedroom | $1,476 | $1,328–$1,624 | $59,040 | $28.38/hr | +13.2% |
| 4 bedroom | $1,708 | $1,537–$1,879 | $68,320 | $32.85/hr | +11.1% |
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 | $1,964 | $1,768–$2,160 |
| 6 bedroom Estimate | $2,220 | $1,998–$2,442 |
| 7 bedroom Estimate | $2,477 | $2,229–$2,725 |
| 8 bedroom Estimate | $2,733 | $2,460–$3,006 |
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 Montgomery actually rent for?
Search any address in Montgomery 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 Montgomery somewhere between $1,035 and $1,265. 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.
$1,150 a month is affordable, by HUD's 30% rule, on an income of roughly $46,000 a year. Put another way, $22 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%$1,035 | Voucher pays at 100%$1,150 | Voucher pays at 110%$1,265 |
|---|---|---|---|---|
| $2,500 | $750 | $285 | $400 | $515 |
| $4,000 | $1,200 | $0 | $0 | $65 |
Rate history
The two-bedroom rate went up 13% from FY 2026 ($1,016) to FY 2027 ($1,150). Since FY 2020 it's up 39% in total, about 4.8% 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 | $583 | $702 | $830 | $1,047 | $1,425 | — |
| FY 2021 | $640 | $766 | $908 | $1,148 | $1,520 | +9.4% |
| FY 2022 | $643 | $764 | $914 | $1,156 | $1,494 | +0.7% |
| FY 2023 | $716 | $817 | $977 | $1,241 | $1,595 | +6.9% |
| FY 2024 | $836 | $913 | $1,092 | $1,383 | $1,753 | +11.8% |
| FY 2025 | $848 | $888 | $1,055 | $1,345 | $1,665 | -3.4% |
| FY 2026 | $860 | $870 | $1,016 | $1,304 | $1,537 | -3.7% |
| FY 2027In effect | $986 | $1,003 | $1,150 | $1,476 | $1,708 | +13.2% |
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 Montgomery, that runs from $986 for a studio up to $1,708 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Montgomery in with 3 other counties in the Montgomery metro, Elmore County, Autauga County, Lowndes County among them, and every one of them gets $1,150 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Alabama's 67 counties, Montgomery ranks 17th for two-bedroom FMR. That's about 18% above the state median of $975 and about 8% above the national median county at $1,063. About 226,718 people live here, 7th 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 36104 (Montgomery) and $1,730 in 36113 (Montgomery), with the 33 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 |
|---|---|---|---|
| 36013 | Cecil | $1,530 | +33.0% |
| 36036 | Grady | $1,120 | -2.6% |
| 36043 | Hope Hull | $1,080 | -6.1% |
| 36046 | Lapine | $1,030 | -10.4% |
| 36052 | Mathews | $1,300 | +13.0% |
| 36057 | Mount Meigs | $1,290 | +12.2% |
| 36064 | Pike Road | $1,630 | +41.7% |
| 36065 | Pine Level | $1,150County rate | — |
| 36069 | Ramer | $980 | -14.8% |
| 36101 | Montgomery | $930 | -19.1% |
| 36102 | Montgomery | $1,140 | -0.9% |
| 36103 | Montgomery | $1,140 | -0.9% |
| 36104 | Montgomery | $920 | -20.0% |
| 36105 | Montgomery | $1,010 | -12.2% |
| 36106 | Montgomery | $1,220 | +6.1% |
| 36107 | Montgomery | $970 | -15.7% |
| 36108 | Montgomery | $920 | -20.0% |
| 36109 | Montgomery | $1,180 | +2.6% |
| 36110 | Montgomery | $1,060 | -7.8% |
| 36111 | Montgomery | $1,120 | -2.6% |
| 36112 | Montgomery | $1,200 | +4.3% |
| 36113 | Montgomery | $1,730 | +50.4% |
| 36114 | Montgomery | $1,140 | -0.9% |
| 36115 | Montgomery | $1,520 | +32.2% |
| 36116 | Montgomery | $1,140 | -0.9% |
| 36117 | Montgomery | $1,290 | +12.2% |
| 36118 | Montgomery | $1,150County rate | — |
| 36119 | Montgomery | $1,140 | -0.9% |
| 36120 | Montgomery | $1,140 | -0.9% |
| 36121 | Montgomery | $1,140 | -0.9% |
| 36123 | Montgomery | $1,140 | -0.9% |
| 36124 | Montgomery | $1,140 | -0.9% |
| 36125 | Montgomery | $1,140 | -0.9% |
| 36130 | Montgomery | $1,140 | -0.9% |
| 36131 | Montgomery | $1,140 | -0.9% |
| 36132 | Montgomery | $1,150County rate | — |
| 36135 | Montgomery | $1,150County rate | — |
| 36140 | Montgomery | $1,150County rate | — |
| 36141 | Montgomery | $1,150County rate | — |
| 36142 | Montgomery | $1,150County rate | — |
Counties sharing the Montgomery metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,150 two-bedroom figure as Montgomery.
Nearby counties
Two-bedroom FMR, with how each compares to Montgomery.
Elmore County
22 mi · 89,526 people
$1,150
same rate
Lowndes County
23 mi · 9,833 people
$1,150
same rate
Autauga County
28 mi · 59,947 people
$1,150
same rate
Macon County
28 mi · 18,691 people
$981
-15%
Bullock County
32 mi · 10,058 people
$921
-20%
Crenshaw County
38 mi · 13,122 people
$921
-20%
Pike County
38 mi · 32,987 people
$1,055
-8%
Coosa County
47 mi · 10,300 people
$921
-20%
Questions people ask
$1,150 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $986 for a studio, $1,003 for one bedroom, $1,476 for three and $1,708 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 Montgomery actually go for?
HUD's number is one input. Search any address in Montgomery for a rent estimate built from nearby comps. Free to start, no card.
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