Location: Sumter County, AL | Metro: Choctaw County, AL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $720 |
| 1 Bedroom | $760 |
| 2 Bedrooms | $920 |
| 3 Bedrooms | $1,240 |
| 4 Bedrooms | $1,370 |
| 5 Bedrooms | $1,589 |
| 6 Bedrooms | $1,780 |
| 7 Bedrooms | $1,922 |
| 8 Bedrooms | $2,018 |
U.S. Census Bureau data (2024)
The ZIP code 36922, located in Sumter County, Alabama, can serve as a diversifier within a Section 8 portfolio strategy. Despite the lack of specific market data for median home values and rental appreciation rates, the area's characteristics still provide valuable insights.
The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $970, which aligns well with the local rental market conditions. This makes 36922 suitable for landlords and small-portfolio investors looking to stabilize their cash flow with a consistent source of rental income. The low renter share of 0.0% suggests that the majority of residents are homeowners, indicating a potentially stable and less volatile rental market.
Although there is no available data for median income or appreciation plays, the area's reliance on homeownership and the presence of Section 8 support indicate a community that benefits from government assistance. This can be advantageous for landlords who want to ensure a steady stream of tenants without significant risk of vacancy.
In summary, ZIP 36922 is best positioned as a diversifier within a Section 8 portfolio strategy. It provides a reliable cash flow anchor with its FMR aligned at $970, offering stability to investors amidst an environment where appreciation plays cannot be quantified and the renter share is minimal. This strategic placement allows for a balanced approach to real estate investment in Sumter County, AL.
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.