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 | $930 |
| 1 Bedroom | $940 |
| 2 Bedrooms | $1,180 |
| 3 Bedrooms | $1,560 |
| 4 Bedrooms | $1,570 |
| 5 Bedrooms | $1,821 |
| 6 Bedrooms | $2,040 |
| 7 Bedrooms | $2,203 |
| 8 Bedrooms | $2,313 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,560 | $191,679 | 0.81% | C |
| 4BR | $1,570 | $229,004 | 0.69% | D |
U.S. Census Bureau data (2024)
The market in ZIP code 36277 is currently characterized by a balance between affordability and accessibility, with the Fair Market Rent (FMR) set at $1000 for the fiscal year 2024. This figure represents the threshold above which a household would be considered overburdened by rental costs, indicating that the area is positioned to support moderate-income renters.
In contrast, the actual market rent as reported by the Census ACS stands at $898, suggesting that rents are slightly below the FMR, which could imply a slight oversupply of rental units relative to demand. However, the low 0.2% price-cut share indicates that landlords are generally not having to reduce their asking prices significantly to attract tenants, hinting at a stable rental market rather than one suffering from excess supply.
The median home value in ZIP 36277 is $173,803, a figure that places homeownership within reach for many potential buyers. This relatively low median value could suggest a broader demographic mix, including first-time homebuyers and families looking for affordable options.
A key indicator of the long-term housing dynamics is the 20.1% renter share. This percentage highlights that a significant portion of the population in ZIP 36277 relies on rental housing, which can create sustained demand for rental properties. The presence of a notable renter base often points to a community with diverse housing needs, possibly due to transient populations such as students or young professionals, or those who prefer renting over buying.
The dynamics of ZIP 36277's real estate market reflect a steady environment where rental prices are competitive but not overly pressured, and homeownership remains accessible. Landlords and small-portfolio investors should take note of the stable rental rates and the substantial renter share, which signals a consistent demand for rental properties and the potential for steady returns without the need for frequent price adjustments.
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.