FY2026 Fair Market Rents — Gadsden, AL MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$639
1BR
$792
2BR
$927
3BR
$1,124
4BR
$1,304
Hours/week at min wage
99 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-1.6%
$15 vs FY2025 · 5-yr +29.3%
Voucher payment standard
$834–$1,020
PHAs set HCV payment at 90–110% of the 2BR FMR
Gadsden, 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) | $639 | $7,668 |
| 1-Bedroom | $792 | $9,504 |
| 2-Bedroom | $927 | $11,124 |
| 3-Bedroom | $1,124 | $13,488 |
| 4-Bedroom | $1,304 | $15,648 |
Recent 2-Bedroom FMR Trend
FY2020 $693 → FY2026 $927
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $639 | $792 | $927 | $1,124 | $1,304 |
| FY2025 | $646 | $810 | $942 | $1,139 | $1,255 |
| FY2024 | $637 | $817 | $940 | $1,170 | $1,252 |
| FY2023 | $514 | $660 | $769 | $973 | $1,033 |
| FY2022 | $547 | $580 | $710 | $894 | $970 |
| FY2021 | $557 | $560 | $717 | $902 | $1,002 |
| FY2020 | $523 | $527 | $693 | $877 | $985 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $78,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $16,550 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $27,550 | $31,450 | $35,400 | $39,300 | $42,450 | $45,600 |
| 80% AMI (Low) | $44,050 | $50,350 | $56,650 | $62,900 | $67,950 | $73,000 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,124/yr
FMR as % of Area Median Income
14.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$37,080/yr
$3,090/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 | $687 | $786 | $884 | $1,061 | $1,139 |
| 60% AMI Maximum | $825 | $943 | $1,061 | $1,273 | $1,367 |
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 | $639 | $792 | $927 | $1,124 | $1,277 |
| Low HOME Rent | $688 | $786 | $885 | $982 | $1,061 |
Compare Gadsden, 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