FY2026 Fair Market Rents — Wilcox County
Studio
$632
1BR
$656
2BR
$843
3BR
$1,079
4BR
$1,261
Wilcox County, Alabama
FIPS 01131 · County-level FMR and income limit data
FMR Area: Wilcox County, AL
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $632 | $7,584 |
| 1-Bedroom | $656 | $7,872 |
| 2-Bedroom | $843 | $10,116 |
| 3-Bedroom | $1,079 | $12,948 |
| 4-Bedroom | $1,261 | $15,132 |
To afford the FY2026 2-bedroom FMR of $843/mo under the 30%-of-income rule, a household needs about
$33,720/yr ($2,810/mo). Area Median Income is $57,700.
At AL's federal minimum wage of $7.25/hr, a worker would need to work 90 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $632 | $656 | $843 | $1,079 | $1,261 |
| FY2025 | $702 | $728 | $936 | $1,132 | $1,401 |
| FY2024 | $779 | $808 | $1,040 | $1,257 | $1,556 |
| FY2023 | $675 | $686 | $892 | $1,086 | $1,198 |
| FY2022 | $573 | $587 | $763 | $943 | $1,035 |
| FY2021 | $479 | $487 | $634 | $789 | $930 |
| FY2020 | $474 | $538 | $612 | $874 | $878 |
FY2026 Income Limits
Area Median Income: $57,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $15,960 | $21,640 | $27,320 | $33,000 | $38,680 | $43,050 |
| 50% AMI | $26,000 | $29,700 | $33,400 | $37,100 | $40,100 | $43,050 |
| 80% AMI | $41,550 | $47,500 | $53,450 | $59,350 | $64,100 | $68,850 |