FY2026 Fair Market Rents — Decatur, AL MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$755
1BR
$776
2BR
$961
3BR
$1,262
4BR
$1,550
Hours/week at min wage
102 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
National rank
#597
of 661 U.S. metros (top 91% most expensive)
YoY change (2BR)
+4.1%
+$38 vs FY2025 · 5-yr +35.7%
Voucher payment standard
$865–$1,057
PHAs set HCV payment at 90–110% of the 2BR FMR
Decatur, AL MSA
Metropolitan area · AL · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $755 | $9,060 |
| 1-Bedroom | $776 | $9,312 |
| 2-Bedroom | $961 | $11,532 |
| 3-Bedroom | $1,262 | $15,144 |
| 4-Bedroom | $1,550 | $18,600 |
Recent 2-Bedroom FMR Trend
FY2020 $687 → FY2026 $961
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $755 | $776 | $961 | $1,262 | $1,550 |
| FY2025 | $726 | $756 | $923 | $1,214 | $1,456 |
| FY2024 | $740 | $763 | $924 | $1,202 | $1,352 |
| FY2023 | $623 | $651 | $795 | $1,038 | $1,151 |
| FY2022 | $554 | $592 | $720 | $946 | $1,009 |
| FY2021 | $509 | $574 | $708 | $925 | $960 |
| FY2020 | $480 | $546 | $687 | $889 | $950 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $88,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $18,650 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $31,050 | $35,450 | $39,900 | $44,300 | $47,850 | $51,400 |
| 80% AMI (Low) | $49,650 | $56,750 | $63,850 | $70,900 | $76,600 | $82,250 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,532/yr
FMR as % of Area Median Income
13% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$38,440/yr
$3,203/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 | $775 | $886 | $996 | $1,196 | $1,284 |
| 60% AMI Maximum | $930 | $1,063 | $1,196 | $1,435 | $1,541 |
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 | $755 | $776 | $961 | $1,262 | $1,439 |
| Low HOME Rent | $776 | $886 | $997 | $1,107 | $1,196 |
Compare Decatur, 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