Section 8 Fair Market Rent (FMR) for ZIP 36330 - 2027

Location: Dale County, AL | Metro: Coffee County, AL

FY 2027 Fair Market Rent Rates

Unit Size	Monthly FMR
Studio	$860
1 Bedroom	$890
2 Bedrooms	$1,140
3 Bedrooms	$1,580
4 Bedrooms	$1,680
5 Bedrooms	$1,949
6 Bedrooms	$2,183
7 Bedrooms	$2,358
8 Bedrooms	$2,476

Demographics & Housing Statistics

U.S. Census Bureau data (2024)

Population

39,557

Median Household Income

$75,765

Housing Units

17,276

Renter Percentage

32.4%

Occupancy Rate

86.5%

Renter Occupied

4,837

Housing Authorities Serving ZIP 36330

HOUSING AUTHORITY OF THE CITY OF OZARK (Ozark, AL) - 438 Section 8 vouchers
ENTERPRISE HOUSING AUTHORITY (Enterprise, AL) - 195 Section 8 vouchers
HA ELBA (Elba, AL) - 119 Section 8 vouchers
HA MIDLAND CITY (Midland City, AL) - 96 Section 8 vouchers
Housing Authority of the City of Daleville (Daleville, AL)
Housing Authority of the Town of New Brockton (New Brockton, AL)
Housing Authority of the City of Newton (Newton, AL)

Enterprise, AL, located in ZIP code 36330, is a growing area that offers significant opportunities for real estate investors, particularly those interested in the rental market. The region's dynamics, including its affordable housing options and increasing population, make it an attractive spot for both long-term investments and short-term rentals.

The Fair Market Rent (FMR) for the Enterprise metro area for fiscal year 2026 is set at $940, indicating a benchmark for rental pricing that landlords should consider when setting their rates.
The current market rent, measured by Zillow's ZORI index, stands at $1,441, suggesting that there is a premium over the FMR that tenants are willing to pay, which could translate into higher potential returns for investors.
The median home value in the area is $203,831, making it relatively affordable compared to other parts of Alabama, and appealing for first-time homeowners and investors alike.
Renters make up 32.4% of the housing market in Enterprise, pointing towards a robust demand for rental properties.
The days on market (DOM) average is 35 days, which is quite low and suggests that properties are selling quickly, potentially indicating a strong local economy and high demand for housing.
The median household income in the area is $75,765, providing insight into the economic health of the community and the ability of residents to afford rent or mortgage payments.

Given the data points above, investors can expect a favorable market in Enterprise, AL. With a median home value that is below the national average and a strong rental market where the median rent exceeds the FMR, the area presents a balanced opportunity for both property appreciation and rental income. The relatively low DOM also signals a competitive market, encouraging quick sales or leases, while the substantial renter share highlights the ongoing need for rental properties. These factors combined suggest a promising investment climate for those looking to enter the real estate market in Enterprise.

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.