HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Pike County, Alabama (FY 2026)
$912 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Pike County, and it's the baseline every voucher in Pike is measured against.
2 bedroom FMR
$912
FY 2026, utilities included
Payment standard range
$821 to $1,003
90% to 110% of FMR
Income to afford 2BR
$36,480
per year, at 30% of income
Rank in Alabama
32nd of 67
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Pike moves to $1,055. That's up 16%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Pike actually rent for?
Search any address in Pike 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 | $677 | $609 to $745 | $27,080 | $13.02/hr | -8.9% |
| 1 bedroom | $695 | $626 to $765 | $27,800 | $13.37/hr | -8.1% |
| 2 bedroom | $912 | $821 to $1,003 | $36,480 | $17.54/hr | -8.1% |
| 3 bedroom | $1,093 | $984 to $1,202 | $43,720 | $21.02/hr | -8.8% |
| 4 bedroom | $1,208 | $1,087 to $1,329 | $48,320 | $23.23/hr | -8.6% |
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 | $1,389 | $1,250 to $1,528 |
| 6 bedroom Estimate | $1,570 | $1,413 to $1,727 |
| 7 bedroom Estimate | $1,752 | $1,577 to $1,927 |
| 8 bedroom Estimate | $1,933 | $1,740 to $2,126 |
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 Pike, that runs from $677 for a studio up to $1,208 for four bedrooms, all five rates in the table above.
Because Pike 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, Troy included.
Among Alabama's 67 counties, Pike ranks 32nd for two-bedroom FMR. That's about 4% above the state median of $879 and about 10% below the national median county at $1,018. About 32,997 people live here, 36th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $900 in 36010 (Brundidge) and $990 in 36079 (Troy), 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 Pike somewhere between $821 and $1,003. 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.
$912 a month is affordable, by HUD's 30% rule, on an income of roughly $36,480 a year. Put another way, $18 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% ($821) | HAP at 100% ($912) | HAP at 110% ($1,003) |
|---|---|---|---|---|
| $2,500 | $750 | $71 | $162 | $253 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 8% from FY 2025 ($992) to FY 2026 ($912). Since FY 2020 it's up 47% in total, about 6.6% 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 | $455 | $546 | $622 | $843 | $892 | — |
| FY 2021 | $510 | $576 | $675 | $885 | $990 | +8.5% |
| FY 2022 | $634 | $666 | $843 | $1,051 | $1,247 | +24.9% |
| FY 2023 | $673 | $676 | $890 | $1,083 | $1,196 | +5.6% |
| FY 2024 | $825 | $839 | $1,102 | $1,332 | $1,468 | +23.8% |
| FY 2025 | $743 | $756 | $992 | $1,199 | $1,322 | -10.0% |
| FY 2026 | $677 | $695 | $912 | $1,093 | $1,208 | -8.1% |
| FY 2027 | $801 | $806 | $1,055 | $1,257 | $1,490 | +15.7% |
Nearby counties
Questions people ask
$912 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $677 for a studio, $695 for one bedroom, $1,093 for three and $1,208 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 Pike actually go for?
HUD's number is one input. Search any address in Pike for a rent estimate built from nearby comps. 3 free searches, no card.
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