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 | $770 |
| 1 Bedroom | $780 |
| 2 Bedrooms | $980 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,300 |
| 5 Bedrooms | $1,508 |
| 6 Bedrooms | $1,689 |
| 7 Bedrooms | $1,824 |
| 8 Bedrooms | $1,915 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 2BR | $980 | $138,356 | 0.71% | D |
| 3BR | $1,300 | $230,107 | 0.56% | F |
| 4BR | $1,300 | $303,920 | 0.43% | F |
| 5BR | $1,508 | $393,835 | 0.38% | F |
U.S. Census Bureau data (2024)
The Fair Market Rent (FMR) for ZIP code 36265 in Jacksonville, Alabama, for fiscal year 2024 is set at $860. This figure represents the maximum amount that a landlord can charge a tenant participating in the Section 8 housing choice voucher program. It's important to note that this is not the rent you will receive; it is the payment standard used by the Housing Authority to determine the value of the vouchers issued.
In contrast, the average market rent for the same area is $1,101, as indicated by the Zillow Rent Index (ZORI). This suggests that the actual rent you might charge for a non-Section 8 unit could be higher, reflecting the local rental market conditions.
The 35.5% renter share indicates the portion of household income dedicated to rent payments. In practical terms, this means there is a moderate demand for affordable housing in the area, as a significant number of renters are allocating over a third of their income towards rent. This percentage can help you gauge the potential interest in your Section 8 property among local residents.
If you're considering acquiring a property for your first Section 8 rental, the median home value in ZIP 36265 is approximately $210,189. This gives you an idea of the typical price range for homes in the area, which can inform your decision on whether to buy or rent a property.
Before proceeding with a Section 8 rental, verify that your property meets the Housing Quality Standards (HQS) required by the Department of Housing and Urban Development (HUD). These standards ensure that the property is safe, decent, and sanitary for tenants. Failure to meet these criteria can result in penalties and loss of Section 8 tenancy.
In summary, the FMR of $860 sets the maximum allowable rent for Section 8 tenants, while the ZORI of $1,101 reflects the broader rental market. The 35.5% renter share indicates a steady demand for affordable housing, and the median home value of $210,189 provides a benchmark for property acquisition costs. Ensure your property complies with HQS to avoid issues down the line.
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.