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RentData.org 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 40th 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 Cloverdale, AL, Waterloo, AL, Anderson, AL, Cherokee, AL, Lexington, AL, Red Bay, AL, Leighton, AL, Town Creek, AL, Athens, AL, Rogersville, 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 two counties or cities in Alabama which ares listed in the table below. Estimated population of Florence-Muscle Shoals, AL MSA FMR area is 147,137 people based on 2010 Census data.

Compared to the rest of Alabama, the Florence-Muscle Shoals FMR area is more expensive than 80% 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 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 $
1-BR 1-Bedroom $
2-BR 2-Bedroom $
3-BR 3-Bedroom $
4-BR 4-Bedroom $
Change Year:

The counties, cities, towns, and regions listed below fall into the Florence-Muscle Shoals, AL MSA FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers one metro area: Huntsville - Decatur (Flor).

County / Region Est. Population
Colbert County, AL Metro 54,428
Lauderdale County, AL Metro 92,709
Zip Codes in Florence-Muscle Shoals, AL MSA

There are 21 unique zip codes in this Fair Market Rent (FMR) area:

35582, 35610, 35614, 35616, 35617, 35630, 35631, 35632, 35633, 35634, 35645, 35646, 35648, 35652, 35653, 35654, 35660, 35661, 35672, 35674 and 35677

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