What is the Fair Market Rent for a 2-bedroom in Florence-Muscle Shoals, AL MSA?

The HUD Fair Market Rent for a 2-bedroom unit in Florence-Muscle Shoals, AL MSA is $1,000 per month for fiscal year 2026. The studio FMR is $698, 1-bedroom is $775, 3-bedroom is $1,242, and 4-bedroom is $1,409.

What income do you need to afford the FMR in Florence-Muscle Shoals, AL MSA?

Using the standard 30%-of-income affordability rule, a household would need to earn about $40,000 per year ($3,333 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,000 in Florence-Muscle Shoals, AL MSA.

FY2026 Fair Market Rents — Florence-Muscle Shoals, AL MSA

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

Studio

$698

1BR

$775

2BR

$1,000

3BR

$1,242

4BR

$1,409

Hours/week at min wage

107 hrs

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

YoY change (2BR)

+2.7%

+$26 vs FY2025 · 5-yr +33.7%

Voucher payment standard

$900–$1,100

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

Florence-Muscle Shoals, 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)	$698	$8,376
1-Bedroom	$775	$9,300
2-Bedroom	$1,000	$12,000
3-Bedroom	$1,242	$14,904
4-Bedroom	$1,409	$16,908

Recent 2-Bedroom FMR Trend

FY2020 $714 → FY2026 $1,000

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$698	$775	$1,000	$1,242	$1,409
FY2025	$674	$743	$974	$1,196	$1,421
FY2024	$664	$720	$940	$1,157	$1,425
FY2023	$574	$617	$811	$1,000	$1,249
FY2022	$525	$575	$751	$935	$1,173
FY2021	$525	$580	$748	$943	$1,213
FY2020	$498	$565	$714	$913	$1,191

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $95,900

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$19,050	$21,800	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$31,700	$36,250	$40,800	$45,300	$48,950	$52,550
80% AMI (Low)	$50,750	$58,000	$65,250	$72,450	$78,250	$84,050

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$12,000/yr

FMR as % of Area Median Income

12.5% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$40,000/yr

$3,333/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	$839	$959	$1,078	$1,294	$1,390
60% AMI Maximum	$1,006	$1,150	$1,294	$1,553	$1,668

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	$698	$775	$1,000	$1,242	$1,409
Low HOME Rent	$792	$906	$1,020	$1,132	$1,223

Compare Florence-Muscle Shoals, 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