Location: Conecuh County, AL | Metro: Conecuh County, AL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $740 |
| 2 Bedrooms | $930 |
| 3 Bedrooms | $1,230 |
| 4 Bedrooms | $1,450 |
| 5 Bedrooms | $1,682 |
| 6 Bedrooms | $1,884 |
| 7 Bedrooms | $2,035 |
| 8 Bedrooms | $2,137 |
U.S. Census Bureau data (2024)
The ZIP code 36473 stands out due to its unique characteristics, primarily its small resident population of just 95 individuals. Despite its size, 52.8% of these residents are renters, indicating a notable demand for rental properties in this area. The median income for residents in ZIP 36473 is $81,563, which is higher than many rural areas but the absence of data regarding median home value suggests that there may be limited housing stock available, particularly owner-occupied homes.
Turning to the voucher economics, the Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $790. However, the lack of specific market rent data for ZIP 36473 means that landlords should consider this figure as a guideline rather than a precise benchmark. Given the high percentage of renters and the relatively strong median income, landlords can expect a steady stream of potential tenants who may qualify for Section 8 vouchers.
The data signature for ZIP 36473 reads as transitional. With a small population and significant rental activity, the area may be undergoing changes that could impact the local real estate market. Landlords and small-portfolio investors should closely monitor trends in both rental demand and the availability of Section 8 vouchers to adapt their strategies accordingly.
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.