FY2027 Small Area FMR · Forkland, AL

ZIP 36740 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 36740 (Forkland, AL) is $1,030 a month, down 4.6% from FY2026. That is 11% below the Greene County, AL area-wide FMR of $1,163.

2-bedroom SAFMR$1,030per month ▼ 4.6%

Area-wide 2 BR FMR$1,163Greene County, AL

Rank in the area6thof 8 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$927

2 BR Small Area FMR$1,030

110% of SAFMR$1,133

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

Studio$780▼ 4.9%

1 BR$790▼ 3.7%

2 BR$1,030▼ 4.6%

3 BR$1,240▼ 3.9%

4 BR$1,360▼ 4.9%

FY2027 FY2026

Where 36740 sits in the Greene County, AL area

Of the 8 ZIP codes HUD lists for the area, 36740 has the 6th highest two-bedroom Small Area FMR. Greene 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 $1,163 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,030 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	$780	$702 – $858	$883	$820
1 bedroom	$790	$711 – $869	$889	$820
2 bedrooms	$1,030	$927 – $1,133	$1,163	$1,080
3 bedrooms	$1,240	$1,116 – $1,364	$1,386	$1,290
4 bedrooms	$1,360	$1,224 – $1,496	$1,528	$1,430

A household renting a two-bedroom home at the Small Area FMR of $1,030 needs about $41,200 a year to keep housing costs at 30% of income. The area median family income is $45,700 and the 80% low-income limit for four people is $59,350. ZIP code 36740 lies mainly in Greene County. See the Greene County, AL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
36776	Sawyerville	9.3 mi	$1,060
36742	Gallion	12.6 mi	$1,060
35443	Boligee	13.0 mi	$1,030
36732	Demopolis	13.7 mi	$920
35470	Livingston	14.1 mi	$990
36744	Greensboro	14.6 mi	$1,060

Questions

What is the Fair Market Rent for ZIP code 36740?

HUD's FY2027 Small Area Fair Market Rents for 36740 are $780 (studio), $790 (1 BR), $1,030 (2 BR), $1,240 (3 BR) and $1,360 (4 BR) a month.

What is the Section 8 payment standard in 36740?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 36740 that range is $927 to $1,133 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 36740?

The FY2026 income limits of the Greene County, AL area apply: median family income $45,700, low-income (80%) limit $59,350 for a family of four.