FY2027 Small Area FMR · Florence, AL

ZIP 35634 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 35634 (Florence, AL) is $1,170 a month, up 7.3% from FY2026. That is 8% above the Florence-Muscle Shoals, AL area-wide FMR of $1,085.

2-bedroom SAFMR$1,170per month ▲ 7.3%

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

Rank in the area6thof 22 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$1,053

2 BR Small Area FMR$1,170

110% of SAFMR$1,287

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

Studio$820▲ 7.9%

1 BR$900▲ 7.1%

2 BR$1,170▲ 7.3%

3 BR$1,450▲ 7.4%

4 BR$1,540■ 0.0%

FY2027 FY2026

Where 35634 sits in the Florence-Muscle Shoals, AL area

Of the 22 ZIP codes HUD lists for the area, 35634 has the 6th 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 $1,170 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	$820	$738 – $902	$760	$760
1 bedroom	$900	$810 – $990	$834	$840
2 bedrooms	$1,170	$1,053 – $1,287	$1,085	$1,090
3 bedrooms	$1,450	$1,305 – $1,595	$1,348	$1,350
4 bedrooms	$1,540	$1,386 – $1,694	$1,426	$1,540

A household renting a two-bedroom home at the Small Area FMR of $1,170 needs about $46,800 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 35634 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	6.4 mi	$1,130
35645	Killen	6.5 mi	$1,260
35630	Florence	7.4 mi	$1,130
38481	Saint Joseph	10.2 mi	$1,000
38463	Iron City	10.4 mi	$1,070
35633	Florence	11.0 mi	$1,070

Questions

What is the Fair Market Rent for ZIP code 35634?

HUD's FY2027 Small Area Fair Market Rents for 35634 are $820 (studio), $900 (1 BR), $1,170 (2 BR), $1,450 (3 BR) and $1,540 (4 BR) a month.

What is the Section 8 payment standard in 35634?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 35634 that range is $1,053 to $1,287 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 35634?

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.