Location: Coosa County, AL | Metro: Chilton County, AL HUD Metro FMR Area
Based on 1% Rule: A+ (≥1.5%) | A (≥1.2%) | B (≥1.0%) | C (≥0.8%) | D (≥0.6%) | F (<0.6%)
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,160 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-07-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,160 | $278,177 | 0.42% | F |
U.S. Census Bureau data (2024)
ZIP 35046, located in Coosa County, AL, serves as a cash-flow anchor within a Section 8 portfolio strategy. The Federal Market Rent (FMR) for ZIP 35046 in fiscal year 2024 is set at $860, which exceeds the current market rent of $800. This $60 difference provides a steady income stream for landlords who participate in the Section 8 program.
The median home value in this area is $249,891, indicating that the property values are relatively stable and affordable. With a 14.3% renter share, there is a consistent demand for rental properties, including those covered under the Section 8 program. The median income of $79,286 suggests that residents are capable of meeting their financial obligations, including paying rent.
Despite the low 0.2% price-cut share and N/A-day Days on Market (DOM), which indicate that homes are selling close to asking price and quickly, the primary focus for landlords should be on the guaranteed income from Section 8 tenants. The stability provided by the government-subsidized rents ensures a predictable cash flow, making ZIP 35046 an ideal choice for securing a portion of your investment portfolio dedicated to generating consistent revenue.
Landlords and small-portfolio investors can leverage the higher FMR compared to market rent to secure a reliable source of income. The limited need for price reductions and quick sales suggest a healthy local real estate market, but the true advantage lies in the dependable rental income, particularly when dealing with Section 8 tenants.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-07-31). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.