Location: Mobile, AL | Metro: Mobile, 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 | $1,140 |
| 1 Bedroom | $1,190 |
| 2 Bedrooms | $1,380 |
| 3 Bedrooms | $1,790 |
| 4 Bedrooms | $1,900 |
| 5 Bedrooms | $2,204 |
| 6 Bedrooms | $2,468 |
| 7 Bedrooms | $2,665 |
| 8 Bedrooms | $2,798 |
Zillow median home prices vs Section 8 FMR rates (Data: 2026-08-31)
| Bedrooms | Monthly FMR | Median Price | 1% Rule | Grade |
|---|---|---|---|---|
| 3BR | $1,790 | $238,003 | 0.75% | D |
| 4BR | $1,900 | $309,221 | 0.61% | D |
U.S. Census Bureau data (2024)
The ZIP code 36572 has a population of 6,922 residents, with 13.8% of them being renters. The median household income in this area stands at $99,773, indicating a relatively affluent community. Despite the high median income, the rental market still holds significance, though it is not dominated by renters.
To understand the depth of voucher demand, we must consider the percentage of renters and the availability of affordable housing options. With only 13.8% of the population renting, the demand for Section 8 vouchers is likely to be lower compared to areas with a higher proportion of renters. This suggests that landlords in ZIP 36572 will encounter fewer potential tenants using vouchers.
The typical market rent of $1,300 consumes approximately 13.03% of the median household income, calculated by dividing the rent by the median income and multiplying by 100. This figure aligns closely with the Fair Market Rent (FMR) of $1,270 for FY 2024, indicating that rents in this ZIP are fairly competitive and close to the government's benchmark for affordability.
A landlord in ZIP 36572 can expect tenants who are likely to have stable employment and income sources, given the area's median income. However, those seeking to utilize Section 8 vouchers will also be present but in smaller numbers due to the overall lower percentage of renters in the community. Tenants here are expected to be financially capable of meeting their rental obligations without significant assistance, although some may still qualify for and seek out voucher programs.
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.