FY2027 Small Area FMR · Lafayette, AL

ZIP 36862 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 36862 (Lafayette, AL) is $920 a month, up 2.2% from FY2026. That is 16% below the Chambers County, AL area-wide FMR of $1,091.

2-bedroom SAFMR$920per month ▲ 2.2%

Area-wide 2 BR FMR$1,091Chambers County, AL

Rank in the area9thof 10 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$640▼ 4.5%

1 BR$820▲ 18.8%

2 BR$920▲ 2.2%

3 BR$1,180▲ 6.3%

4 BR$1,210▲ 1.7%

FY2027 FY2026

Where 36862 sits in the Chambers County, AL area

Of the 10 ZIP codes HUD lists for the area, 36862 has the 9th highest two-bedroom Small Area FMR. Chambers 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 $1,091 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	$640	$576 – $704	$760	$670
1 bedroom	$820	$738 – $902	$967	$690
2 bedrooms	$920	$828 – $1,012	$1,091	$900
3 bedrooms	$1,180	$1,062 – $1,298	$1,401	$1,110
4 bedrooms	$1,210	$1,089 – $1,331	$1,434	$1,190

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 $66,700 and the 80% low-income limit for four people is $59,350. ZIP code 36862 lies mainly in Chambers County. See the Chambers County, AL county page for the full income limits table and the household check.

Nearby ZIP codes

ZIP	Place	Distance	2 BR SAFMR
36863	Lanett	11.1 mi	$1,000
36855	Five Points	12.1 mi	$990
36879	Waverly	13.6 mi	$1,070
36852	Cusseta	13.8 mi	$1,200
36850	Camp Hill	14.2 mi	$1,070
36801	Opelika	14.9 mi	$1,190

Questions

What is the Fair Market Rent for ZIP code 36862?

HUD's FY2027 Small Area Fair Market Rents for 36862 are $640 (studio), $820 (1 BR), $920 (2 BR), $1,180 (3 BR) and $1,210 (4 BR) a month.

What is the Section 8 payment standard in 36862?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 36862 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 36862?

The FY2026 income limits of the Chambers County, AL area apply: median family income $66,700, low-income (80%) limit $59,350 for a family of four.