FY2027 Small Area FMR · Moulton, AL

ZIP 35650 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 35650 (Moulton, AL) is $920 a month, up 9.5% from FY2026. That is 10% below the Decatur, AL area-wide FMR of $1,023.

2-bedroom SAFMR$920per month ▲ 9.5%

Area-wide 2 BR FMR$1,023Decatur, AL

Rank in the area17thof 25 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$828

2 BR Small Area FMR$920

110% of SAFMR$1,012

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

Studio$750▲ 13.6%

1 BR$750▲ 8.7%

2 BR$920▲ 9.5%

3 BR$1,180▲ 7.3%

4 BR$1,520▲ 15.2%

FY2027 FY2026

Where 35650 sits in the Decatur, AL area

Of the 25 ZIP codes HUD lists for the area, 35650 has the 17th highest two-bedroom Small Area FMR. Decatur, 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 $1,023 for two bedrooms; an agency that opts in to Small Area FMRs would use $920 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	$830	$660
1 bedroom	$750	$675 – $825	$835	$690
2 bedrooms	$920	$828 – $1,012	$1,023	$840
3 bedrooms	$1,180	$1,062 – $1,298	$1,315	$1,100
4 bedrooms	$1,520	$1,368 – $1,672	$1,686	$1,320

A household renting a two-bedroom home at the Small Area FMR of $920 needs about $36,800 a year to keep housing costs at 30% of income. The area median family income is $88,600 and the 80% low-income limit for four people is $70,900. ZIP code 35650 lies mainly in Lawrence County and Morgan County. See the Decatur, AL metro page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
35619	Danville	10.0 mi	$1,240
35651	Mount Hope	10.8 mi	$920
35673	Trinity	13.2 mi	$930
35618	Courtland	13.4 mi	$920
35672	Town Creek	15.0 mi	$920
35540	Addison	15.7 mi	$930

Questions

What is the Fair Market Rent for ZIP code 35650?

HUD's FY2027 Small Area Fair Market Rents for 35650 are $750 (studio), $750 (1 BR), $920 (2 BR), $1,180 (3 BR) and $1,520 (4 BR) a month.

What is the Section 8 payment standard in 35650?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 35650 that range is $828 to $1,012 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 35650?

The FY2026 income limits of the Decatur, AL area apply: median family income $88,600, low-income (80%) limit $70,900 for a family of four.