FY2027 Small Area FMR · Grant, AL

ZIP 35747 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 35747 (Grant, AL) is $990 a month, up 20.7% from FY2026. That is 7% above the Marshall County, AL area-wide FMR of $925.

2-bedroom SAFMR$990per month ▲ 20.7%

Area-wide 2 BR FMR$925Marshall County, AL

Rank in the area6thof 19 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$891

2 BR Small Area FMR$990

110% of SAFMR$1,089

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

Studio$750▲ 21.0%

1 BR$760▲ 22.6%

2 BR$990▲ 20.7%

3 BR$1,370▲ 21.2%

4 BR$1,380▲ 22.1%

FY2027 FY2026

Where 35747 sits in the Marshall County, AL area

Of the 19 ZIP codes HUD lists for the area, 35747 has the 6th highest two-bedroom Small Area FMR. Marshall County, 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 $925 for two bedrooms; an agency that opts in to Small Area FMRs would use $990 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	$702	$620
1 bedroom	$760	$684 – $836	$707	$620
2 bedrooms	$990	$891 – $1,089	$925	$820
3 bedrooms	$1,370	$1,233 – $1,507	$1,281	$1,130
4 bedrooms	$1,380	$1,242 – $1,518	$1,285	$1,130

A household renting a two-bedroom home at the Small Area FMR of $990 needs about $39,600 a year to keep housing costs at 30% of income. The area median family income is $89,900 and the 80% low-income limit for four people is $65,450. ZIP code 35747 lies mainly in Marshall County. See the Marshall County, AL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
35760	New Hope	5.9 mi	$1,180
35755	Langston	8.5 mi	$930
35976	Guntersville	10.7 mi	$990
35776	Woodville	11.9 mi	$1,180
35175	Union Grove	12.8 mi	$1,050
35763	Owens Cross Roads	12.8 mi	$2,010

Questions

What is the Fair Market Rent for ZIP code 35747?

HUD's FY2027 Small Area Fair Market Rents for 35747 are $750 (studio), $760 (1 BR), $990 (2 BR), $1,370 (3 BR) and $1,380 (4 BR) a month.

What is the Section 8 payment standard in 35747?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 35747 that range is $891 to $1,089 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 35747?

The FY2026 income limits of the Marshall County, AL area apply: median family income $89,900, low-income (80%) limit $65,450 for a family of four.