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RentData.org Logo Henry County Fair Market Rent FY 2018 Henry County, AL HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Henry County, AL :
$538 $554 $636 $797 $1,120
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 Henry County are low compared to the national average. This FMR area is less expensive than 68% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Henry County is $636 per month.

The previous year, rent for a two-bedroom home was $621 per month. This is a 2.42% increase year-over-year.

This FMR rate applies to Shorterville, AL, Columbia, AL, Abbeville, AL and other cities within the region. The Metro Code or CBSA code for this region is METRO20020N01067.

Additionally, This Fair Market Rent (FMR) area Henry County, AL HUD Metro FMR Area spans one county or city in Alabama which is listed in the table below. Estimated population of Henry County, AL HUD Metro FMR Area FMR area is 17,302 people based on latest Census data.

Compared to the rest of Alabama, the Henry County FMR area is more expensive than 74% 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 Henry County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Henry County

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 $ 570
1-BR 1-Bedroom $ 586
2-BR 2-Bedroom $ 673
3-BR 3-Bedroom $ 844
4-BR 4-Bedroom $ 1185
Change Year:

There is just one county (listed below) within the Henry County, AL HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Dothan.

County / Region Est. Population
Henry County, AL Metro 17,302
Zip Codes in Henry County, AL HUD Metro FMR Area

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

36310, 36319 and 36373

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