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Fair Market Rent · Alabama

Fair Market Rent in Franklin County, AL

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$748studio
$8461 bedroom
$9212 bedrooms
$1,1963 bedrooms
$1,2104 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Franklin County is $921 a month, +18.7% from FY2026. Franklin County is part of the Franklin County, AL (a non-metro county area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$748$576+29.9%$673–823
1 bedroom$846$704+20.2%$761–931
2 bedrooms$921$776+18.7%$829–1,013
3 bedrooms$1,196$976+22.5%$1,076–1,316
4 bedrooms$1,210$1,071+13%$1,089–1,331

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Franklin County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
35571Hodges$940$470$482
35581Phil Campbell$950$661$706
35582Red Bay$920$458$535
35585Spruce Pine$1,100–$955
35593Vina$920$558$665
35653Russellville$1,000$657$694
35654Russellville$920$624$689

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.