Location: Macon County, AL | Metro: Macon County, AL HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $880 |
| 1 Bedroom | $950 |
| 2 Bedrooms | $1,240 |
| 3 Bedrooms | $1,550 |
| 4 Bedrooms | $1,870 |
| 5 Bedrooms | $2,169 |
| 6 Bedrooms | $2,429 |
| 7 Bedrooms | $2,623 |
| 8 Bedrooms | $2,754 |
U.S. Census Bureau data (2024)
217,795 The median home value in ZIP 36075 suggests a stable housing market, suitable for investment. 10.9 In this area, nearly 11% of residents are renters, indicating a demand for rental properties. 53,505 With a median income of $53,505, potential tenants likely have the financial capacity to afford housing. 1,200 However, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,200, which is a critical figure for landlords participating in the Section 8 program. N/A Despite the lack of specific data on market rent and days on market (DOM), the absence of a significant percentage of homes needing price cuts (N/A%) signals a strong local economy where property values are holding steady.
217,795 Landlords in ZIP 36075 can expect their properties to retain value, given the median home value. 10.9 The 10.9% renter share implies that there is a manageable but present need for rental units, which could be met through the Section 8 program. 53,505 A median income of $53,505 means that many households qualify for assistance under the Section 8 voucher program, ensuring a consistent stream of tenants who can pay the required portion of the rent. 1,200 The $1,200 FMR provides a benchmark for rental rates that align with the financial aid available to tenants. N/A Without specific data on market rent and DOM, it's prudent for investors to rely on the robustness of the local housing market and the support offered by the Section 8 program.
1,200 For landlords in ZIP 36075, the Section 8 program offers a reliable source of income, with rents set at a fair market rate of $1,200. 217,795 Given the median home value, properties in this area are likely to attract interest from both tenants and investors. 10.9 The relatively low renter share indicates a balanced market, reducing the risk of oversupply. 53,505 The median income supports the viability of the Section 8 program, ensuring that tenants can meet their obligations. 1,200 With the FMR providing a clear guideline, landlords can confidently manage their rental properties and comply with the program's requirements. N/A The lack of detailed market data should not deter investors, as the overall stability and support from the Section 8 program make ZIP 36075 a favorable investment location.
1,200 Verdict: ZIP 36075 presents a solid opportunity for Section 8 landlords, with a stable housing market and clear guidelines for rental rates.
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.