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Etowah County, AL

2024 Fair Market Rents

Tags: 2024 Gadsden, AL MSA

Return to the state page to see where Alabama ranks nationally and to view information on other counties. Click on the map to view a different county.

The top 4 largest cities in Etowah County are Gadsden, Rainbow City, Gallant, and Walnut Grove. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Etowah County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Etowah County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Etowah County compare?

Etowah County ($940) has a 3% lower FMR for 2-Bedroom housing than the average of Alabama ($969) and therefore has a lower gross rent.

Etowah County is rank 37th out of 67 counties. This means the FMRs, or in other words, the gross rent is lower than 36 other counties. Etowah County is the 31st cheapest county in terms of FMRs.

Rent Tables Etowah County, AL

Fair Market Rent (40th Percentile)

$637
studio
$817
1-Bedroom
$940
2-Bedroom
$1,170
3-Bedroom
$1,252
4-Bedroom

Median Rent (50th Percentile)

$687
studio
$881
1-Bedroom
$1,014
2-Bedroom
$1,262
3-Bedroom
$1,350
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
35906 $0 $960 $1,110 $1,380 $1,480
35972 $0 $850 $970 $1,240 $1,350
35902 $0 $820 $940 $1,170 $1,250
35904 $0 $810 $930 $1,160 $1,240
35906 $0 $960 $1,110 $1,380 $1,480
35907 $0 $1,110 $1,280 $1,590 $1,700
35972 $0 $850 $970 $1,240 $1,350
35990 $0 $770 $870 $1,090 $1,190
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
35906 $702 $864 $999 $1,242 $1,332
35972 $702 $765 $873 $1,116 $1,215
35902 $576 $738 $846 $1,053 $1,125
35904 $567 $729 $837 $1,044 $1,116
35906 $702 $864 $999 $1,242 $1,332
35907 $783 $999 $1,152 $1,431 $1,530
35972 $702 $765 $873 $1,116 $1,215
35990 $567 $693 $783 $981 $1,071
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
35906 $858 $1,056 $1,221 $1,518 $1,628
35972 $858 $935 $1,067 $1,364 $1,485
35902 $704 $902 $1,034 $1,287 $1,375
35904 $693 $891 $1,023 $1,276 $1,364
35906 $858 $1,056 $1,221 $1,518 $1,628
35907 $957 $1,221 $1,408 $1,749 $1,870
35972 $858 $935 $1,067 $1,364 $1,485
35990 $693 $847 $957 $1,199 $1,309

Fair Market Rents on this page apply to the following cities in Etowah County, Alabama: Gadsden, Rainbow City, Gallant, and Walnut Grove.

These Fair Market Rents also apply to the following ZIP codes in Etowah County, Alabama: 35904, 35906, 35907, 35972, 35902, and 35990.

Etowah County, AL is considered part of the following metro FMR area: GADSDEN, AL MSA.

More on Etowah County, AL

Want to learn more about Etowah County, AL? See Loan Limits in Etowah County, AL to view maximum loan amounts or click here to find a Public Housing Authority near Etowah County, AL who can help with finding affordable housing near you.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.


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