Location: Tallapoosa County, AL | Metro: Chambers County, AL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $860 |
| 1 Bedroom | $930 |
| 2 Bedrooms | $1,130 |
| 3 Bedrooms | $1,370 |
| 4 Bedrooms | $1,520 |
| 5 Bedrooms | $1,763 |
| 6 Bedrooms | $1,975 |
| 7 Bedrooms | $2,133 |
| 8 Bedrooms | $2,240 |
U.S. Census Bureau data (2024)
The market analysis for Section 8 investors in ZIP code 36276, located in Tallapoosa County, AL metro, reveals several key points. The HUD Fair Market Rent (FMR) for the area is set at $900 per month for fiscal year 2026, while the Census ACS reports a market rent of $845. This indicates that voucher tenants will cashflow at the FMR rate, providing a buffer of $55 per unit above the average market rent.
To further understand the investment potential, we can examine the rent-to-price ratio. With a median home value of $164,633, the monthly rent of $900 translates to an annual rent of $10,800. This results in a rent-to-price ratio of approximately 6.56%, which is favorable for rental investments as it suggests a healthy return relative to property values.
The dynamics of days on market (DOM) and price-cut share are noted as N/A, but given the positive cashflow scenario, these metrics are less critical for assessing the immediate financial viability of rental properties. The strong cashflow position is the primary advantage for investors in this market, making it an attractive opportunity for those seeking stable and predictable returns.
The strongest investor angle in ZIP 36276 is cashflow, due to the favorable spread between the HUD FMR and the actual market rent.
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.