FY2027 Small Area FMR · Gadsden, AL
ZIP 35902 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 35902 (Gadsden, AL) is $980 a month, up 5.4% from FY2026. That is 1% above the Gadsden, AL area-wide FMR of $975.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 35902 sits in the Gadsden, AL area
Of the 17 ZIP codes HUD lists for the area, 35902 has the 6th highest two-bedroom Small Area FMR. Gadsden, 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 $975 for two bedrooms; an agency that opts in to Small Area FMRs would use $980 for this ZIP code instead.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $680 | $612 – $748 | $679 | $640 |
| 1 bedroom | $830 | $747 – $913 | $830 | $790 |
| 2 bedrooms | $980 | $882 – $1,078 | $975 | $930 |
| 3 bedrooms | $1,240 | $1,116 – $1,364 | $1,235 | $1,130 |
| 4 bedrooms | $1,400 | $1,260 – $1,540 | $1,397 | $1,310 |
A household renting a two-bedroom home at the Small Area FMR of $980 needs about $39,200 a year to keep housing costs at 30% of income. The area median family income is $78,600 and the 80% low-income limit for four people is $62,900. ZIP code 35902 lies mainly in Etowah County. See the Gadsden, AL county page for the full income limits table and the household check.
Nearby ZIP codes
Questions
What is the Fair Market Rent for ZIP code 35902?
HUD's FY2027 Small Area Fair Market Rents for 35902 are $680 (studio), $830 (1 BR), $980 (2 BR), $1,240 (3 BR) and $1,400 (4 BR) a month.
What is the Section 8 payment standard in 35902?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 35902 that range is $882 to $1,078 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 35902?
The FY2026 income limits of the Gadsden, AL area apply: median family income $78,600, low-income (80%) limit $62,900 for a family of four.