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RentData.org Logo Daphne-Fairhope-Foley Fair Market Rent FY 2023 Daphne-Fairhope-Foley, AL MSA Rental Data

Fair Market Rent Prices in Daphne-Fairhope-Foley, AL :
$924 $928 $1,206 $1,534 $1,971
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Expensive 40th Percentile Metro Area

Fair Market Rent prices in Daphne-Fairhope-Foley are very high compared to the national average. This FMR area is more expensive than 90% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Daphne-Fairhope-Foley is $1,206 per month.

The previous year, rent for a two-bedroom home was $1,017 per month. This is a 18.58% increase year-over-year.

This FMR rate applies to Little River, AL, Bon Secour, AL, Montrose, AL, Seminole, AL, Point Clear, AL, Magnolia Springs, AL, Perdido, AL, Uriah, AL, Stockton, AL, Stapleton, AL and other cities within the region. The Metro Code or CBSA code for this region is METRO19300M19300.

Additionally, This Fair Market Rent (FMR) area Daphne-Fairhope-Foley, AL MSA spans one county or city in Alabama which is listed in the table below. Estimated population of Daphne-Fairhope-Foley, AL MSA FMR area is 218,289 people based on latest Census data.

Compared to the rest of Alabama, the Daphne-Fairhope-Foley FMR area is more expensive than 100% 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 Daphne-Fairhope-Foley. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Daphne-Fairhope-Foley

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 $ 1018
1-BR 1-Bedroom $ 1021
2-BR 2-Bedroom $ 1328
3-BR 3-Bedroom $ 1689
4-BR 4-Bedroom $ 2171
Change Year:

There is just one county (listed below) within the Daphne-Fairhope-Foley, AL MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Mobile - Pensacola (Ft Walt).

County / Region Est. Population
Daphne-Fairhope-Foley, AL Metro 218,289
Zip Codes in Daphne-Fairhope-Foley, AL MSA

There are 28 unique zip codes in this Fair Market Rent (FMR) area:

36480, 36502, 36507, 36511, 36526, 36527, 36530, 36532, 36533, 36535, 36536, 36542, 36547, 36549, 36550, 36551, 36555, 36559, 36561, 36562, 36564, 36567, 36574, 36576, 36577, 36578, 36579 and 36580

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