Logo Florence-Muscle Shoals Fair Market Rent FY 2019 Florence-Muscle Shoals, AL MSA Rental Data

Fair Market Rent Prices in Florence-Muscle Shoals, AL :
$531 $534 $675 $888 $1,130
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 50th Percentile Metro Area

Fair Market Rent prices in Florence-Muscle Shoals are low compared to the national average. This FMR area is less expensive than 58% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Florence-Muscle Shoals is $675 per month.

The previous year, rent for a two-bedroom home was $669 per month. This is a 0.9% increase year-over-year.

This FMR rate applies to Cherokee, AL, Red Bay, AL, Leighton, AL, Town Creek, AL, Sheffield, AL, Muscle Shoals, AL, Tuscumbia, AL, Russellville, AL and other cities within the region. The Metro Code or CBSA code for this region is METRO22520M22520.

Additionally, This Fair Market Rent (FMR) area Florence-Muscle Shoals, AL MSA spans one county or city in Alabama which is listed in the table below. Estimated population of Florence-Muscle Shoals, AL MSA FMR area is 54,428 people based on latest Census data.

Compared to the rest of Alabama, the Florence-Muscle Shoals FMR area is more expensive than 81% of the state.

Alabama Rents Map

Click on the map to view more another region.

See Nationwide Map

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 Florence-Muscle Shoals. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Florence-Muscle Shoals

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 $ 564
1-BR 1-Bedroom $ 568
2-BR 2-Bedroom $ 717
3-BR 3-Bedroom $ 943
4-BR 4-Bedroom $ 1201
Change Year:

There is just one county (listed below) within the Florence-Muscle Shoals, AL MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Huntsville - Decatur (Flor).

County / Region Est. Population
Florence-Muscle Shoals, AL Metro 54,428
Zip Codes in Florence-Muscle Shoals, AL MSA

There are 9 unique zip codes in this Fair Market Rent (FMR) area:

35582, 35616, 35646, 35653, 35654, 35660, 35661, 35672 and 35674

Lookup Fair Market Rent by Zip Code