FY2026 Fair Market Rents — Pike County
Studio
$677
1BR
$695
2BR
$912
3BR
$1,093
4BR
$1,208
Pike County, Alabama
FIPS 01109 · County-level FMR and income limit data
FMR Area: Pike County, AL
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 |
To afford the FY2026 2-bedroom FMR of $912/mo under the 30%-of-income rule, a household needs about
$36,480/yr ($3,040/mo). Area Median Income is $76,400.
At AL's federal minimum wage of $7.25/hr, a worker would need to work 97 hours/week to afford that rent.
Recent FMR Trend
| 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 |
FY2026 Income Limits
Area Median Income: $76,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,050 | $21,640 | $27,320 | $33,000 | $38,680 | $44,350 |
| 50% AMI | $26,750 | $30,600 | $34,400 | $38,200 | $41,300 | $44,350 |
| 80% AMI | $42,800 | $48,900 | $55,000 | $61,100 | $66,000 | $70,900 |