Location: Anniston-Oxford, AL | Metro: Anniston-Oxford, AL MSA
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 | $730 |
| 1 Bedroom | $730 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,220 |
| 4 Bedrooms | $1,230 |
| 5 Bedrooms | $1,427 |
| 6 Bedrooms | $1,598 |
| 7 Bedrooms | $1,726 |
| 8 Bedrooms | $1,812 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $920 | $58,798 | 1.56% | A+ |
| 3BR | $1,220 | $119,928 | 1.02% | B |
U.S. Census Bureau data (2024)
860 is the Fair Market Rent (FMR) for ZIP code 36201 in West End-Cobb Town, Alabama, for fiscal year 2024. However, the actual market rent, based on Census ACS data, stands at 728, indicating a gap between the government-set rates and what the market demands. The median home value in this area is 69,350, which is significantly lower than many other regions, making it an attractive option for first-time homebuyers and investors looking to enter the market at a lower cost. With a 41.4% renter share, there is a notable demand for rental properties, suggesting that landlords can expect steady occupancy rates. The median income of 37,614 provides insight into the economic profile of the residents, which is important for assessing the affordability of housing options. Despite the lack of specific data on days on market (DOM), the low 0.2% price-cut share indicates that homes are generally selling without significant reductions, pointing to a stable real estate market. For landlords and small-portfolio investors, these numbers suggest a favorable environment for rental properties under Section 8 contracts. The discrepancy between the FMR and market rent allows for potential profit margins when adhering to Section 8 guidelines. Given the economic conditions and housing values, investing in rental properties in ZIP 36201 under Section 8 is a prudent decision.
Data Sources: FMR data from HUD (2027). Median home prices from Zillow (2026-08-31). 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.