Location: Monroe County, AL | Metro: Conecuh County, AL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $700 |
| 1 Bedroom | $700 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,280 |
| 4 Bedrooms | $1,500 |
| 5 Bedrooms | $1,740 |
| 6 Bedrooms | $1,949 |
| 7 Bedrooms | $2,105 |
| 8 Bedrooms | $2,210 |
U.S. Census Bureau data (2024)
The ZIP code 36471 presents a unique opportunity for real-estate investors interested in Section 8 properties. With a Fair Market Rent (FMR) of $780 for the metro area in fiscal year 2026, compared to a market rent of $781, it indicates a nearly balanced market where the government's rental assistance closely matches what tenants can afford in the open market. This ZIP code lacks data on median home values, suggesting that it might be an urban or rural area with fewer single-family homes or where the rental market dominates.
On the stability axis, the analysis reveals a mixed picture. The percentage of renters at 41.9% is relatively high, indicating a strong demand for rental properties. However, the absence of data on days on market (DOM) could imply that either the turnover rate is low, or there's insufficient data to make a definitive judgment. The median household income stands at $40,921, which is a key figure in assessing the economic health of the area and the potential financial reliability of tenants.
Given these metrics, ZIP 36471 leans towards being a steady-cashflow zone rather than a high-yield/low-stability market. The close alignment between FMR and market rent suggests that investors can expect reliable cash flow from Section 8 tenants without significant risk of rent default. While the high percentage of renters points to a robust demand, the lack of DOM data means we cannot conclusively say it's a low-stability market prone to frequent turnovers. The median income figure, although modest, supports the notion that the area is stable enough to sustain a consistent rental income stream.
To further refine this classification, consider the following:
In conclusion, ZIP 36471 is best categorized as a steady-cashflow zone for Section 8 real estate investments. The figures point to a market where investors can expect consistent returns without the volatility associated with higher-risk areas.
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.