FY2026 Fair Market Rents — Etowah County
Studio
$639
1BR
$792
2BR
$927
3BR
$1,124
4BR
$1,304
Etowah County, Alabama
FIPS 01055 · County-level FMR and income limit data
FMR Area: Gadsden, AL MSA
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 |
To afford the FY2026 2-bedroom FMR of $927/mo under the 30%-of-income rule, a household needs about
$37,080/yr ($3,090/mo). Area Median Income is $78,600.
At AL's federal minimum wage of $7.25/hr, a worker would need to work 99 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $78,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,550 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $27,550 | $31,450 | $35,400 | $39,300 | $42,450 | $45,600 |
| 80% AMI | $44,050 | $50,350 | $56,650 | $62,900 | $67,950 | $73,000 |