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Fair Market Rent Prices in Gadsden, AL :
$386 $488 $593 $760 $785
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 Gadsden are very low compared to the national average. This FMR area is less expensive than 73% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Gadsden is $593 per month.

The previous year, rent for a two-bedroom home was $594 per month. This is a 0.17% decrease year-over-year.

This FMR rate applies to Walnut Grove, AL, Gallant, AL, Rainbow City, AL, Gadsden, AL and other cities within the region. The Metro Code or CBSA code for this region is METRO23460M23460.

Additionally, This Fair Market Rent (FMR) area Gadsden, AL MSA spans one county or city in Alabama which is listed in the table below. Estimated population of Gadsden, AL MSA FMR area is 103,459 people based on latest Census data.

Compared to the rest of Alabama, the Gadsden FMR area is more expensive than 50% 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 Gadsden. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Gadsden

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 $ 476
1-BR 1-Bedroom $ 544
2-BR 2-Bedroom $ 633
3-BR 3-Bedroom $ 827
4-BR 4-Bedroom $ 855
Change Year:

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

County / Region Est. Population
Etowah County, AL Metro 103,459
Zip Codes in Gadsden, AL MSA

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

35902, 35904, 35906, 35907, 35972 and 35990

Lookup Fair Market Rent by Zip Code
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