What is the Fair Market Rent for a 2-bedroom in Daphne-Fairhope-Foley, AL MSA?

The HUD Fair Market Rent for a 2-bedroom unit in Daphne-Fairhope-Foley, AL MSA is $1,345 per month for fiscal year 2026. The studio FMR is $1,094, 1-bedroom is $1,200, 3-bedroom is $1,692, and 4-bedroom is $2,171.

What income do you need to afford the FMR in Daphne-Fairhope-Foley, AL MSA?

Using the standard 30%-of-income affordability rule, a household would need to earn about $53,800 per year ($4,483 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,345 in Daphne-Fairhope-Foley, AL MSA.

FY2026 Fair Market Rents — Daphne-Fairhope-Foley, AL MSA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$1,094

1BR

$1,200

2BR

$1,345

3BR

$1,692

4BR

$2,171

Hours/week at min wage

143 hrs

to afford the 2BR FMR @ $7.25/hr (federal)

YoY change (2BR)

+8.1%

+$101 vs FY2025 · 5-yr +45.9%

Voucher payment standard

$1,211–$1,480

PHAs set HCV payment at 90–110% of the 2BR FMR

Daphne-Fairhope-Foley, AL MSA

Non-Metropolitan area · AL · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,094	$13,128
1-Bedroom	$1,200	$14,400
2-Bedroom	$1,345	$16,140
3-Bedroom	$1,692	$20,304
4-Bedroom	$2,171	$26,052

Recent 2-Bedroom FMR Trend

FY2020 $916 → FY2026 $1,345

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,094	$1,200	$1,345	$1,692	$2,171
FY2025	$972	$1,043	$1,244	$1,550	$1,975
FY2024	$1,051	$1,056	$1,362	$1,670	$2,114
FY2023	$924	$928	$1,206	$1,534	$1,971
FY2022	$772	$777	$1,017	$1,348	$1,715
FY2021	$718	$723	$922	$1,249	$1,584
FY2020	$744	$749	$916	$1,251	$1,566

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $102,400

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$21,500	$24,600	$27,650	$33,000	$38,680	$44,360
50% AMI (Very Low)	$35,800	$40,900	$46,000	$51,150	$55,250	$59,300
80% AMI (Low)	$57,300	$65,450	$73,650	$81,800	$88,350	$94,900

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$16,140/yr

FMR as % of Area Median Income

15.8% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$53,800/yr

$4,483/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$896	$1,024	$1,152	$1,382	$1,484
60% AMI Maximum	$1,075	$1,228	$1,382	$1,658	$1,781

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$1,094	$1,200	$1,345	$1,664	$1,664
Low HOME Rent	$895	$1,022	$1,150	$1,278	$1,381

Compare Daphne-Fairhope-Foley, AL MSA With Other AL Metros

vs. Anniston-Oxford-Jacksonville, AL MSA vs. Auburn-Opelika, AL MSA vs. Birmingham-Hoover, AL HUD Metro FMR Area vs. Chilton County, AL HUD Metro FMR Area vs. Columbus, GA-AL MSA