FY2027 Small Area FMR · Florence, AL

ZIP 35632 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 35632 (Florence, AL) is $1,130 a month, up 7.6% from FY2026. That is 4% above the Florence-Muscle Shoals, AL area-wide FMR of $1,085.

2-bedroom SAFMR$1,130per month ▲ 7.6%

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

Rank in the area7thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,017

2 BR Small Area FMR$1,130

110% of SAFMR$1,243

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

Studio$790▲ 8.2%

1 BR$870▲ 7.4%

2 BR$1,130▲ 7.6%

3 BR$1,400▲ 7.7%

4 BR$1,490▲ 0.7%

FY2027 FY2026

Where 35632 sits in the Florence-Muscle Shoals, AL area

Of the 22 ZIP codes HUD lists for the area, 35632 has the 7th 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 $1,130 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	$790	$711 – $869	$760	$730
1 bedroom	$870	$783 – $957	$834	$810
2 bedrooms	$1,130	$1,017 – $1,243	$1,085	$1,050
3 bedrooms	$1,400	$1,260 – $1,540	$1,348	$1,300
4 bedrooms	$1,490	$1,341 – $1,639	$1,426	$1,480

A household renting a two-bedroom home at the Small Area FMR of $1,130 needs about $45,200 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 35632 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
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
35645	Killen	11.9 mi	$1,260

Questions

What is the Fair Market Rent for ZIP code 35632?

HUD's FY2027 Small Area Fair Market Rents for 35632 are $790 (studio), $870 (1 BR), $1,130 (2 BR), $1,400 (3 BR) and $1,490 (4 BR) a month.

What is the Section 8 payment standard in 35632?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 35632 that range is $1,017 to $1,243 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 35632?

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.