Logo Tuscaloosa Fair Market Rent FY 2020 Tuscaloosa, AL HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Tuscaloosa, AL :
$719 $737 $885 $1,131 $1,199
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Moderate 40th Percentile Metro Area

Fair Market Rent prices in Tuscaloosa are high compared to the national average. This FMR area is more expensive than 80% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Tuscaloosa is $885 per month.

The previous year, rent for a two-bedroom home was $847 per month. This is a 4.49% increase year-over-year.

This FMR rate applies to Abernant, AL, Coaling, AL, Samantha, AL, Echola, AL, Elrod, AL, Kellerman, AL, Peterson, AL, Faunsdale, AL, Akron, AL, Newbern, AL and other cities within the region. The Metro Code or CBSA code for this region is METRO46220M46220.

Additionally, This Fair Market Rent (FMR) area Tuscaloosa, AL HUD Metro FMR Area spans two counties or cities in Alabama which ares listed in the table below. Estimated population of Tuscaloosa, AL HUD Metro FMR Area FMR area is 219,420 people based on latest Census data.

Compared to the rest of Alabama, the Tuscaloosa FMR area is more expensive than 92% 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 Tuscaloosa. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Tuscaloosa

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 $ 768
1-BR 1-Bedroom $ 788
2-BR 2-Bedroom $ 946
3-BR 3-Bedroom $ 1209
4-BR 4-Bedroom $ 1282
Change Year:

The counties, cities, towns, and regions listed below fall into the Tuscaloosa, AL HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers two metro areas: Birmingham (Ann & Tusc) and Montgomery (Selma).

County / Region Est. Population
Hale County, AL Metro 14,995
Tuscaloosa County, AL Metro 204,425
Zip Codes in Tuscaloosa, AL HUD Metro FMR Area

There are 31 unique zip codes in this Fair Market Rent (FMR) area:

35401, 35402, 35403, 35404, 35405, 35406, 35407, 35440, 35441, 35446, 35449, 35452, 35453, 35457, 35458, 35468, 35473, 35474, 35475, 35476, 35478, 35482, 35486, 35490, 36738, 36742, 36744, 36756, 36765, 36776 and 36786

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