FY2026 Fair Market Rents — Lawrence County
Studio
$755
1BR
$776
2BR
$961
3BR
$1,262
4BR
$1,550
Lawrence County, Alabama
FIPS 01079 · County-level FMR and income limit data
FMR Area: Decatur, AL MSA
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 |
To afford the FY2026 2-bedroom FMR of $961/mo under the 30%-of-income rule, a household needs about
$38,440/yr ($3,203/mo). Area Median Income is $88,600.
At AL's federal minimum wage of $7.25/hr, a worker would need to work 102 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $88,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,650 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,050 | $35,450 | $39,900 | $44,300 | $47,850 | $51,400 |
| 80% AMI | $49,650 | $56,750 | $63,850 | $70,900 | $76,600 | $82,250 |