Location: Pike County, AL | Metro: Pike County, AL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $810 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $1,070 |
| 3 Bedrooms | $1,270 |
| 4 Bedrooms | $1,510 |
| 5 Bedrooms | $1,752 |
| 6 Bedrooms | $1,962 |
| 7 Bedrooms | $2,119 |
| 8 Bedrooms | $2,225 |
U.S. Census Bureau data (2024)
ZIP code 36082, located within the Pike County, AL metro area, presents a unique profile when compared to typical ZIP codes in the county. The Fair Market Rent (FMR) for ZIP 36082 is set at $920 for fiscal year 2026. This figure represents the maximum amount that a low-income household can pay in rent under the Section 8 Housing Choice Voucher program.
While specific market rent and home value data for ZIP 36082 are not available, we can infer its position relative to other areas within the same metro region based on the provided FMR. In Pike County, AL, typical ZIP codes may have varying FMRs, but the absence of comparative market rent and home value data makes it challenging to definitively classify 36082 as a value pocket, mid-tier neighborhood, or premium sub-market.
The lack of detailed market data for ZIP 36082 means we cannot directly assess its status as a Section 8 sweet spot. However, if we assume that the ZIP's FMR of $920 is significantly lower than the average market rent in Pike County, AL, then it could potentially be an attractive location for tenants seeking assistance through the Section 8 program. This would suggest that 36082 might be considered a value pocket within the metro area, where rental properties can offer affordable rates while still being within the guidelines of the Section 8 program.
To make a more precise determination, additional data points such as median home values and the percentage of renters within ZIP 36082 would be necessary. For example, if ZIP 36082 has a higher renter share than the county average and lower home values, it would likely indicate a strong Section 8 presence and a sweet spot for investors focused on this program.
In summary, ZIP 36082 stands out due to its defined FMR of $920, which suggests potential affordability for Section 8 participants. However, without comprehensive market data, it remains unclear how it precisely fits into the broader Pike County, AL real estate landscape. Landlords and investors should consider this ZIP as potentially advantageous for Section 8 properties, contingent upon further investigation into local market conditions.
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.