What is the Fair Market Rent in Chelsea, AL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 35043, which covers Chelsea, is $1,580 a month.
Across the whole Birmingham-Hoover, AL HUD Metro FMR Area the two-bedroom figure is $1,375.
The Census Bureau’s median gross rent for a two-bedroom home in Chelsea is $798 (±$58), below the Small Area figure for ZIP 35043.
Figures last updated on .
- 2 bedrooms, whole area
- $1,375
- 2 bedrooms, ZIP 35043
- $1,580
Fair Market Rents for Chelsea, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Birmingham-Hoover, AL HUD Metro FMR Area (whole area) | $1,177 | $1,263 | $1,375 | $1,727 | $1,941 | — |
| ZIP 35043 (38% of the ZIP’s land is in this place) | $1,350 | $1,450 | $1,580 | $1,980 | $2,230 | $1,322 |
A Fair Market Rent is HUD’s estimate of the gross rent (shelter plus utilities) of a modest rental home in the area.
Whether a housing authority uses the ZIP code (Small Area) figures or the area-wide one depends on whether HUD has designated the area for Small Area FMRs or the authority has opted in; ask the local housing authority which applies.
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Questions about Chelsea
What is the Section 8 payment standard in Chelsea?
Housing authorities set payment standards between 90% and 110% of HUD’s Fair Market Rent; for fiscal year 2027, the two-bedroom Fair Market Rent for the Birmingham-Hoover, AL HUD Metro FMR Area is $1,375, and the Small Area figure for 35043 is $1,580.
What is the Fair Market Rent for a two-bedroom in ZIP 35043?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 35043 is $1,580 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,322 (±$306).
What is the Fair Market Rent for a one-bedroom in Chelsea?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 35043 is $1,450 a month, against $1,263 across the Birmingham-Hoover, AL HUD Metro FMR Area.
Sources
- HUD Fair Market Rents, fiscal year 2027: Birmingham-Hoover, AL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Birmingham-Hoover, AL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Chelsea at a glance
- Median rent in Chelsea
- Rent by bedrooms in Chelsea
- Renters and owners in Chelsea
- Income and affordability in Chelsea
- Home values in Chelsea
- Homeowner costs in Chelsea
- Property taxes in Chelsea
- Types of homes in Chelsea
- Bedrooms in Chelsea
- Age of homes in Chelsea
- Heating fuel in Chelsea
- Commute and cars in Chelsea
- Population growth in Chelsea
- How long people stay in Chelsea
- Crowding and facilities in Chelsea
- Alabama landlord and tenant rules
- Housing across Shelby County
- Housing data for every place in Alabama