FY2027 Small Area FMR · Alexander City, AL
ZIP 35010 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 35010 (Alexander City, AL) is $970 a month, up 7.8% from FY2026. That is 16% below the Montgomery, AL area-wide FMR of $1,150.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 35010 sits in the Montgomery, AL area
Of the 66 ZIP codes HUD lists for the area, 35010 has the 49th highest two-bedroom Small Area FMR. Montgomery, AL is one of the 65 metro areas where HUD requires Small Area FMRs for the Housing Choice Voucher program (designated 2023), so local housing agencies must set payment standards from this ZIP code's figure, normally between $873 and $1,067 for two bedrooms.
ZIP code 35010 crosses more than one HUD area. HUD also lists it under Coosa County, AL (same figures) and Tallapoosa County, AL (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $740 | $666 – $814 | $986 | $690 |
| 1 bedroom | $740 | $666 – $814 | $1,003 | $750 |
| 2 bedrooms | $970 | $873 – $1,067 | $1,150 | $900 |
| 3 bedrooms | $1,190 | $1,071 – $1,309 | $1,476 | $1,130 |
| 4 bedrooms | $1,540 | $1,386 – $1,694 | $1,708 | $1,430 |
A household renting a two-bedroom home at the Small Area FMR of $970 needs about $38,800 a year to keep housing costs at 30% of income. The area median family income is $88,800 and the 80% low-income limit for four people is $71,050. ZIP code 35010 lies mainly in Tallapoosa County, Coosa County and Elmore County. See the Montgomery, AL metro page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 35010?
HUD's FY2027 Small Area Fair Market Rents for 35010 are $740 (studio), $740 (1 BR), $970 (2 BR), $1,190 (3 BR) and $1,540 (4 BR) a month.
What is the Section 8 payment standard in 35010?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 35010 that range is $873 to $1,067 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 35010?
The FY2026 income limits of the Montgomery, AL area apply: median family income $88,800, low-income (80%) limit $71,050 for a family of four.