FY2027 Small Area FMR · Florence, AL

ZIP 35631 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 35631 (Florence, AL) is $1,070 a month, up 9.2% from FY2026. That is 1% below the Florence-Muscle Shoals, AL area-wide FMR of $1,085.

2-bedroom SAFMR$1,070per month ▲ 9.2%

Area-wide 2 BR FMR$1,085Florence-Muscle Shoals, AL

Rank in the area11thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$963

2 BR Small Area FMR$1,070

110% of SAFMR$1,177

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$750▲ 10.3%

1 BR$820▲ 7.9%

2 BR$1,070▲ 9.2%

3 BR$1,330▲ 9.0%

4 BR$1,410▲ 2.2%

FY2027 FY2026

Where 35631 sits in the Florence-Muscle Shoals, AL area

Of the 22 ZIP codes HUD lists for the area, 35631 has the 11th highest two-bedroom Small Area FMR. Florence-Muscle Shoals, AL is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $1,085 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$750	$675 – $825	$760	$680
1 bedroom	$820	$738 – $902	$834	$760
2 bedrooms	$1,070	$963 – $1,177	$1,085	$980
3 bedrooms	$1,330	$1,197 – $1,463	$1,348	$1,220
4 bedrooms	$1,410	$1,269 – $1,551	$1,426	$1,380

A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $95,900 and the 80% low-income limit for four people is $72,450. ZIP code 35631 lies mainly in Lauderdale County. See the Florence-Muscle Shoals, AL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
35632	Florence	0.0 mi	$1,130
35630	Florence	4.1 mi	$1,130
35633	Florence	5.2 mi	$1,070
35634	Florence	6.4 mi	$1,170
35660	Sheffield	7.9 mi	$1,090
35661	Muscle Shoals	10.8 mi	$1,240

Questions

What is the Fair Market Rent for ZIP code 35631?

HUD's FY2027 Small Area Fair Market Rents for 35631 are $750 (studio), $820 (1 BR), $1,070 (2 BR), $1,330 (3 BR) and $1,410 (4 BR) a month.

What is the Section 8 payment standard in 35631?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 35631 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 35631?

The FY2026 income limits of the Florence-Muscle Shoals, AL area apply: median family income $95,900, low-income (80%) limit $72,450 for a family of four.