FMR History — Washington County, AL

Historical Fair Market Rents from FY2017 to FY2026. Current FMR page →

The 2-bedroom FMR in Washington County, AL has changed from $621 in FY2017 to $983 in FY2026 — a +58.3% change over 9 years.

Fiscal Year Studio 1BR 2BR YoY 2BR 2BR in FY2026 $ 3BR 4BR
FY2026 (Latest) $729 $818 $983 -10% $983 $1,292 $1,314
FY2025 $810 $908 $1,092 +13.5% $1,121 $1,435 $1,459
FY2024 $713 $785 $962 +8.9% $1,015 $1,163 $1,302
FY2023 $661 $712 $883 +25.2% $959 $1,075 $1,252
FY2022 $543 $566 $705 +8.8% $797 $901 $956
FY2021 $489 $504 $648 +4.9% $792 $852 $951
FY2020 $478 $489 $618 -2.4% $790 $794 $837
FY2019 $496 $504 $633 +1.4% $820 $793 $894
FY2018 $497 $497 $624 +0.5% $823 $785 $882
FY2017 $464 $467 $621 $839 $826 $887

Related Pages

Understanding FMR Trends

Fair Market Rents are published each fall for the upcoming fiscal year (October through September). HUD adjusts FMRs annually based on local rental market surveys, American Community Survey (ACS) data, and Consumer Price Index (CPI) adjustments. Periods of rapid rent growth — such as the 2021–2023 period of post-pandemic inflation — are reflected in sharp FMR increases, while periods of market cooling may produce flat or modestly rising FMRs.

Historical data is useful for housing advocates, economists, and policymakers analyzing long-term trends in housing affordability. A rising FMR generally indicates a tightening rental market; a FMR that grows slower than household incomes suggests improving affordability, while one that outpaces income growth signals worsening cost burden.