FY2026 Fair Market Rents — Pike County, AL
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$677
1BR
$695
2BR
$912
3BR
$1,093
4BR
$1,208
Hours/week at min wage
97 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-8.1%
$80 vs FY2025 · 5-yr +35.1%
Voucher payment standard
$821–$1,003
PHAs set HCV payment at 90–110% of the 2BR FMR
Pike County, AL
Non-Metropolitan area · AL · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $677 | $8,124 |
| 1-Bedroom | $695 | $8,340 |
| 2-Bedroom | $912 | $10,944 |
| 3-Bedroom | $1,093 | $13,116 |
| 4-Bedroom | $1,208 | $14,496 |
Recent 2-Bedroom FMR Trend
FY2020 $622 → FY2026 $912
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $677 | $695 | $912 | $1,093 | $1,208 |
| FY2025 | $743 | $756 | $992 | $1,199 | $1,322 |
| FY2024 | $825 | $839 | $1,102 | $1,332 | $1,468 |
| FY2023 | $673 | $676 | $890 | $1,083 | $1,196 |
| FY2022 | $634 | $666 | $843 | $1,051 | $1,247 |
| FY2021 | $510 | $576 | $675 | $885 | $990 |
| FY2020 | $455 | $546 | $622 | $843 | $892 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $76,400
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $16,050 | $21,640 | $27,320 | $33,000 | $38,680 | $44,350 |
| 50% AMI (Very Low) | $26,750 | $30,600 | $34,400 | $38,200 | $41,300 | $44,350 |
| 80% AMI (Low) | $42,800 | $48,900 | $55,000 | $61,100 | $66,000 | $70,900 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$10,944/yr
FMR as % of Area Median Income
14.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$36,480/yr
$3,040/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 | $668 | $764 | $859 | $1,031 | $1,107 |
| 60% AMI Maximum | $802 | $916 | $1,031 | $1,237 | $1,329 |
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 | $677 | $695 | $912 | $1,093 | $1,208 |
| Low HOME Rent | $668 | $765 | $860 | $955 | $1,032 |
Compare Pike County, AL 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