FY2027 Small Area FMR · Waverly, AL
ZIP 36879 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 36879 (Waverly, AL) is $1,070 a month, up 0.9% from FY2026. That is 16% below the Auburn-Opelika, AL area-wide FMR of $1,277.
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 36879 sits in the Auburn-Opelika, AL area
Of the 17 ZIP codes HUD lists for the area, 36879 has the 14th highest two-bedroom Small Area FMR. Auburn-Opelika, 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 $1,277 for two bedrooms; an agency that opts in to Small Area FMRs would use $1,070 for this ZIP code instead.
ZIP code 36879 crosses more than one HUD area. HUD also lists it under Chambers County, AL (same figures) and Tallapoosa County, AL (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $770 | $693 – $847 | $891 | $760 |
| 1 bedroom | $970 | $873 – $1,067 | $1,167 | $910 |
| 2 bedrooms | $1,070 | $963 – $1,177 | $1,277 | $1,060 |
| 3 bedrooms | $1,350 | $1,215 – $1,485 | $1,548 | $1,380 |
| 4 bedrooms | $1,530 | $1,377 – $1,683 | $1,794 | $1,470 |
A household renting a two-bedroom home at the Small Area FMR of $1,070 needs about $42,800 a year to keep housing costs at 30% of income. The area median family income is $108,900 and the 80% low-income limit for four people is $83,850. ZIP code 36879 lies mainly in Chambers County, Lee County and Tallapoosa County. See the Auburn-Opelika, 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 36879?
HUD's FY2027 Small Area Fair Market Rents for 36879 are $770 (studio), $970 (1 BR), $1,070 (2 BR), $1,350 (3 BR) and $1,530 (4 BR) a month.
What is the Section 8 payment standard in 36879?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 36879 that range is $963 to $1,177 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 36879?
The FY2026 income limits of the Auburn-Opelika, AL area apply: median family income $108,900, low-income (80%) limit $83,850 for a family of four.