What is the Fair Market Rent in Homewood, AL?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home is $1,690 a month in each of the 2 ZIP codes that cover Homewood.

By ZIP code: 35229 $1,690, 35209 $1,690.

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 Homewood is $1,471 (±$86), below the Small Area figure for ZIP 35229.

Figures last updated on November 12, 2026.

2 bedrooms, whole area: $1,375
2 bedrooms, ZIP 35229: $1,690
2 bedrooms, ZIP 35209: $1,690

Fair Market Rents for Homewood, fiscal year 2027

HUD Fair Market Rent, dollars a month (gross rent, including utilities), beside the Census Bureau’s median gross rent for each ZIP code
	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 35229	$1,450	$1,550	$1,690	$2,120	$2,390	—
ZIP 35209 (73% of the ZIP’s land is in this place)	$1,450	$1,550	$1,690	$2,120	$2,390	$1,318

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 Homewood

What is the Section 8 payment standard in Homewood?

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 35229 is $1,690.

What is the Fair Market Rent for a two-bedroom in ZIP 35229?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 35229 is $1,690 a month.

What is the Fair Market Rent for a two-bedroom in ZIP 35209?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 35209 is $1,690 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,318 (±$56).

What is the Fair Market Rent for a one-bedroom in Homewood?

HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 35229 is $1,550 a month, against $1,263 across the Birmingham-Hoover, AL HUD Metro FMR Area.

Sources

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.