FY2027 Small Area FMR · Louisville, AL

ZIP 36048 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 36048 (Louisville, AL) is $920 a month, up 16.5% from FY2026. That is 0% equal to the Barbour County, AL area-wide FMR of $921.

2-bedroom SAFMR$920per month ▲ 16.5%

Area-wide 2 BR FMR$921Barbour County, AL

Rank in the area6thof 9 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$720▲ 22.0%

1 BR$850▲ 19.7%

2 BR$920▲ 16.5%

3 BR$1,250▲ 20.2%

4 BR$1,280▲ 17.4%

FY2027 FY2026

Where 36048 sits in the Barbour County, AL area

Of the 9 ZIP codes HUD lists for the area, 36048 has the 6th highest two-bedroom Small Area FMR. Barbour 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 $921 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	$720	$648 – $792	$720	$590
1 bedroom	$850	$765 – $935	$846	$710
2 bedrooms	$920	$828 – $1,012	$921	$790
3 bedrooms	$1,250	$1,125 – $1,375	$1,255	$1,040
4 bedrooms	$1,280	$1,152 – $1,408	$1,284	$1,090

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 $69,900 and the 80% low-income limit for four people is $59,350. ZIP code 36048 lies mainly in Barbour County. See the Barbour County, AL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
36017	Clio	8.8 mi	$920
36005	Banks	9.5 mi	$1,200
36016	Clayton	10.9 mi	$970
36311	Ariton	14.5 mi	$920
36317	Clopton	15.6 mi	$970
36010	Brundidge	15.7 mi	$920

Questions

What is the Fair Market Rent for ZIP code 36048?

HUD's FY2027 Small Area Fair Market Rents for 36048 are $720 (studio), $850 (1 BR), $920 (2 BR), $1,250 (3 BR) and $1,280 (4 BR) a month.

What is the Section 8 payment standard in 36048?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 36048 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 36048?

The FY2026 income limits of the Barbour County, AL area apply: median family income $69,900, low-income (80%) limit $59,350 for a family of four.