Section 8 Fair Market Rent (FMR) for ZIP 35052 - 2027

Location: Birmingham-Hoover, AL | Metro: Birmingham-Hoover, AL HUD Metro FMR Area

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$1,140
1 Bedroom	$1,220
2 Bedrooms	$1,330
3 Bedrooms	$1,670
4 Bedrooms	$1,870
5 Bedrooms	$2,169
6 Bedrooms	$2,429
7 Bedrooms	$2,623
8 Bedrooms	$2,754

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

191

Median Household Income

$N/A

Housing Units

Renter Percentage

N/A

Occupancy Rate

N/A

Renter Occupied

The ZIP code 35052, located in Alabama, is a residential area that offers a mix of urban convenience and suburban comfort. It is well-served by local amenities and has a strong connection to nearby cities, making it an attractive location for both tenants and investors. This analysis provides key insights into the rental market dynamics within the ZIP, focusing on factors relevant to landlords and small-portfolio investors.

The Fair Market Rent (FMR) for a one-bedroom apartment in ZIP 35052 for fiscal year 2024 is set at $1120. This figure serves as a benchmark for rental prices and is often used by landlords to price their units competitively.
The median home value in the area is currently listed as N/A, indicating that there might be limited data available for homeownership values, which could suggest a focus on the rental market rather than home purchases.
The percentage of renters in ZIP 35052 is N/A%, suggesting a significant portion of the population prefers renting over buying, which can be beneficial for landlords looking to maintain occupancy rates.
The average number of days on market (DOM) for rental properties is N/A days, which is a critical metric for understanding how quickly properties are leased in the area.
The median household income for ZIP 35052 is N/A, which is essential for assessing the financial stability and spending power of potential tenants.

Investors in ZIP 35052 should take note of the Fair Market Rent as a guide for setting competitive prices. The lack of data on median home values suggests a strong rental market, which aligns with the significant renter share. While specific metrics such as DOM and median income are unavailable, the area's appeal as a residential location with good access to amenities supports the potential for steady demand. Landlords and small-portfolio investors can leverage the FMR to ensure they remain competitive in a market where rental properties are in high demand.

Data Sources: FMR data from HUD (2027). 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.