Logo Marengo County Fair Market Rent FY 2017 Marengo County, AL Rental Data

Fair Market Rent Prices in Marengo County, AL :
$471 $474 $621 $876 $887
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Marengo County are very low compared to the national average. This FMR area is less expensive than 89% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Marengo County is $621 per month.

The previous year, rent for a two-bedroom home was $569 per month. This is a 9.14% increase year-over-year.

This FMR rate applies to Arlington, AL, Jefferson, AL, Magnolia, AL, Myrtlewood, AL, Nanafalia, AL, Catherine, AL, Thomaston, AL, Dixons Mills, AL, Pine Hill, AL, Linden, AL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY01091N01091.

Additionally, This Fair Market Rent (FMR) area Marengo County, AL spans one county or city in Alabama which is listed in the table below. Estimated population of Marengo County, AL FMR area is 21,027 people based on latest Census data.

Compared to the rest of Alabama, the Marengo County FMR area is less 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 Marengo County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Marengo 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 $ 471
1-BR 1-Bedroom $ 474
2-BR 2-Bedroom $ 621
3-BR 3-Bedroom $ 876
4-BR 4-Bedroom $ 887
Change Year:

There is just one county (listed below) within the Marengo County, AL FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Montgomery (Selma).

County / Region Est. Population
Marengo County, AL 21,027
Zip Codes in Marengo County, AL

There are 11 unique zip codes in this Fair Market Rent (FMR) area:

36722, 36728, 36732, 36736, 36745, 36748, 36754, 36763, 36764, 36769 and 36783

Lookup Fair Market Rent by Zip Code