Madison County, AL

2024 Fair Market Rents

Tags: 2024 Huntsville, 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 four largest cities in Madison County are Madison, Huntsville, Owens Cross Roads, and Hazel Green. 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 Madison County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Madison 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 Madison County compare?

Madison County ($1,248) has a 28.8% higher FMR for 2-Bedroom housing than the average of Alabama ($969) and therefore a higher gross rent.

Madison County is rank 2nd out of 67 counties. This means the FMRs, or in other words, the gross rent is higher than 65 other counties. Madison County is the 2nd most expensive county in terms of FMRs.

Rent Tables Madison County, AL

Fair Market Rent (40th Percentile)

$900
studio
$1,067
1-Bedroom
$1,248
2-Bedroom
$1,619
3-Bedroom
$1,937
4-Bedroom

Median Rent (50th Percentile)

$977
studio
$1,157
1-Bedroom
$1,354
2-Bedroom
$1,756
3-Bedroom
$2,102
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
35741 $1,030 $1,220 $1,430 $1,850 $2,220
35750 $890 $1,050 $1,230 $1,600 $1,910
35758 $1,050 $1,250 $1,460 $1,890 $2,270
35759 $1,310 $1,550 $1,810 $2,350 $2,810
35760 $780 $920 $1,080 $1,400 $1,680
35761 $900 $1,070 $1,250 $1,620 $1,940
35762 $920 $1,090 $1,280 $1,660 $1,990
35763 $1,350 $1,600 $1,870 $2,430 $2,900
35801 $980 $1,160 $1,360 $1,760 $2,110
35802 $970 $1,150 $1,340 $1,740 $2,080
35803 $970 $1,150 $1,350 $1,750 $2,100
35804 $920 $1,090 $1,280 $1,660 $1,990
35805 $700 $830 $970 $1,260 $1,510
35806 $1,050 $1,250 $1,460 $1,890 $2,270
35807 $920 $1,090 $1,280 $1,660 $1,990
35808 $1,350 $1,600 $1,870 $2,430 $2,900
35809 $920 $1,090 $1,280 $1,660 $1,990
35810 $840 $990 $1,160 $1,500 $1,800
35811 $850 $1,010 $1,180 $1,530 $1,830
35812 $920 $1,090 $1,280 $1,660 $1,990
35813 $920 $1,090 $1,280 $1,660 $1,990
35814 $920 $1,090 $1,280 $1,660 $1,990
35815 $920 $1,090 $1,280 $1,660 $1,990
35816 $740 $880 $1,030 $1,340 $1,600
35824 $970 $1,150 $1,340 $1,740 $2,080
35896 $990 $1,180 $1,370 $1,780 $2,140
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
35741 $927 $1,098 $1,287 $1,665 $1,998
35750 $801 $945 $1,107 $1,440 $1,719
35758 $945 $1,125 $1,314 $1,701 $2,043
35759 $1,179 $1,395 $1,629 $2,115 $2,529
35760 $702 $828 $972 $1,260 $1,512
35761 $810 $963 $1,125 $1,458 $1,746
35762 $828 $981 $1,152 $1,494 $1,791
35763 $1,215 $1,440 $1,683 $2,187 $2,610
35801 $882 $1,044 $1,224 $1,584 $1,899
35802 $873 $1,035 $1,206 $1,566 $1,872
35803 $873 $1,035 $1,215 $1,575 $1,890
35804 $828 $981 $1,152 $1,494 $1,791
35805 $630 $747 $873 $1,134 $1,359
35806 $945 $1,125 $1,314 $1,701 $2,043
35807 $828 $981 $1,152 $1,494 $1,791
35808 $1,215 $1,440 $1,683 $2,187 $2,610
35809 $828 $981 $1,152 $1,494 $1,791
35810 $756 $891 $1,044 $1,350 $1,620
35811 $765 $909 $1,062 $1,377 $1,647
35812 $828 $981 $1,152 $1,494 $1,791
35813 $828 $981 $1,152 $1,494 $1,791
35814 $828 $981 $1,152 $1,494 $1,791
35815 $828 $981 $1,152 $1,494 $1,791
35816 $666 $792 $927 $1,206 $1,440
35824 $873 $1,035 $1,206 $1,566 $1,872
35896 $891 $1,062 $1,233 $1,602 $1,926
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
35741 $1,133 $1,342 $1,573 $2,035 $2,442
35750 $979 $1,155 $1,353 $1,760 $2,101
35758 $1,155 $1,375 $1,606 $2,079 $2,497
35759 $1,441 $1,705 $1,991 $2,585 $3,091
35760 $858 $1,012 $1,188 $1,540 $1,848
35761 $990 $1,177 $1,375 $1,782 $2,134
35762 $1,012 $1,199 $1,408 $1,826 $2,189
35763 $1,485 $1,760 $2,057 $2,673 $3,190
35801 $1,078 $1,276 $1,496 $1,936 $2,321
35802 $1,067 $1,265 $1,474 $1,914 $2,288
35803 $1,067 $1,265 $1,485 $1,925 $2,310
35804 $1,012 $1,199 $1,408 $1,826 $2,189
35805 $770 $913 $1,067 $1,386 $1,661
35806 $1,155 $1,375 $1,606 $2,079 $2,497
35807 $1,012 $1,199 $1,408 $1,826 $2,189
35808 $1,485 $1,760 $2,057 $2,673 $3,190
35809 $1,012 $1,199 $1,408 $1,826 $2,189
35810 $924 $1,089 $1,276 $1,650 $1,980
35811 $935 $1,111 $1,298 $1,683 $2,013
35812 $1,012 $1,199 $1,408 $1,826 $2,189
35813 $1,012 $1,199 $1,408 $1,826 $2,189
35814 $1,012 $1,199 $1,408 $1,826 $2,189
35815 $1,012 $1,199 $1,408 $1,826 $2,189
35816 $814 $968 $1,133 $1,474 $1,760
35824 $1,067 $1,265 $1,474 $1,914 $2,288
35896 $1,089 $1,298 $1,507 $1,958 $2,354

Fair Market Rents on this page apply to the following cities in Madison County, Alabama: Madison, Huntsville, Owens Cross Roads, Hazel Green, New Market, Meridianville, New Hope, Brownsboro, Ryland, and Normal.

These Fair Market Rents also apply to the following ZIP codes in Madison County, Alabama: 35758, 35810, 35803, 35811, 35802, 35801, 35806, 35805, 35763, 35750, 35816, 35761, 35759, 35824, 35760, 35741, 35808, 35814, 35804, and 35815.

Madison County, AL is considered part of the following metro FMR area: HUNTSVILLE, AL MSA.

Other counties in the same metro FMR area are: Limestone County, AL.

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Data Source

HUD Seal

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