Logo Birmingham-Hoover Fair Market Rent FY 2017 Birmingham-Hoover, AL HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Birmingham-Hoover, AL :
$665 $751 $866 $1,163 $1,298
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Birmingham-Hoover are high compared to the national average. This FMR area is more expensive than 86% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Birmingham-Hoover is $866 per month.

The previous year, rent for a two-bedroom home was $840 per month. This is a 3.1% increase year-over-year.

This FMR rate applies to Green Pond, AL, Lawley, AL, Randolph, AL, Brierfield, AL, Woodstock, AL, Maplesville, AL, Brent, AL, Duncanville, AL, West Blocton, AL, Centreville, AL and other cities within the region. The Metro Code or CBSA code for this region is METRO13820M13820.

Additionally, This Fair Market Rent (FMR) area Birmingham-Hoover, AL HUD Metro FMR Area spans one county or city in Alabama which is listed in the table below. Estimated population of Birmingham-Hoover, AL HUD Metro FMR Area FMR area is 22,915 people based on latest Census data.

Compared to the rest of Alabama, the Birmingham-Hoover FMR area is more expensive than 96% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Birmingham-Hoover. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Birmingham-Hoover

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 719
1-BR 1-Bedroom $ 812
2-BR 2-Bedroom $ 937
3-BR 3-Bedroom $ 1258
4-BR 4-Bedroom $ 1405
Change Year:

There is just one county (listed below) within the Birmingham-Hoover, AL HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Birmingham (Ann & Tusc).

County / Region Est. Population
Birmingham-Hoover, AL Metro 22,915
Zip Codes in Birmingham-Hoover, AL HUD Metro FMR Area

There are 12 unique zip codes in this Fair Market Rent (FMR) area:

35034, 35035, 35042, 35074, 35111, 35115, 35184, 35188, 35456, 36750, 36792 and 36793

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