FY2026 Fair Market Rents — Mobile County
Studio
$854
1BR
$919
2BR
$1,083
3BR
$1,414
4BR
$1,445
Mobile County, Alabama
FIPS 01097 · County-level FMR and income limit data
FMR Area: Mobile, AL MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $854 | $10,248 |
| 1-Bedroom | $919 | $11,028 |
| 2-Bedroom | $1,083 | $12,996 |
| 3-Bedroom | $1,414 | $16,968 |
| 4-Bedroom | $1,445 | $17,340 |
To afford the FY2026 2-bedroom FMR of $1,083/mo under the 30%-of-income rule, a household needs about
$43,320/yr ($3,610/mo). Area Median Income is $83,300.
At AL's federal minimum wage of $7.25/hr, a worker would need to work 115 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $854 | $919 | $1,083 | $1,414 | $1,445 |
| FY2025 | $812 | $908 | $1,094 | $1,441 | $1,464 |
| FY2024 | $810 | $890 | $1,094 | $1,448 | $1,484 |
| FY2023 | $738 | $793 | $986 | $1,318 | $1,400 |
| FY2022 | $662 | $690 | $861 | $1,148 | $1,244 |
| FY2021 | $642 | $658 | $824 | $1,097 | $1,212 |
| FY2020 | $693 | $699 | $874 | $1,161 | $1,288 |
FY2026 Income Limits
Area Median Income: $83,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,500 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $29,200 | $33,350 | $37,500 | $41,650 | $45,000 | $48,350 |
| 80% AMI | $46,700 | $53,350 | $60,000 | $66,650 | $72,000 | $77,350 |