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Fair Market Rent · Alabama

Fair Market Rent in Morgan County, AL

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

$830studio
$8351 bedroom
$1,0232 bedrooms
$1,3153 bedrooms
$1,6864 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Morgan County is $1,023 a month, +6.5% from FY2026. Morgan County is part of the Decatur, AL MSA (a metro 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$830$755+9.9%$747–913
1 bedroom$835$776+7.6%$752–919
2 bedrooms$1,023$961+6.5%$921–1,125
3 bedrooms$1,315$1,262+4.2%$1,184–1,447
4 bedrooms$1,686$1,550+8.8%$1,517–1,855

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 Morgan 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
35601Decatur$1,060$860$891
35603Decatur$1,110$1,004$910
35621Eva$1,110$641$620
35622Falkville$1,050$678$838
35640Hartselle$990$735$801
35670Somerville$950$781$781
35754Laceys Spring$930$719$701
35775Valhermoso Springs$1,330––

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.