What is the Fair Market Rent in Mount Olive, AL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 35117, which covers Mount Olive, is $1,350 a month.
Across the whole Birmingham-Hoover, AL HUD Metro FMR Area the two-bedroom figure is $1,375.
Figures last updated on .
- 2 bedrooms, whole area
- $1,375
- 2 bedrooms, ZIP 35117
- $1,350
Fair Market Rents for Mount Olive, 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 35117 (29% of the ZIP’s land is in this place) | $1,160 | $1,240 | $1,350 | $1,700 | $1,910 | $1,404 |
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.
Mount Olive is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
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Questions about Mount Olive
What is the Section 8 payment standard in Mount Olive?
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 35117 is $1,350.
What is the Fair Market Rent for a two-bedroom in ZIP 35117?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 35117 is $1,350 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,404 (±$895).
What is the Fair Market Rent for a one-bedroom in Mount Olive?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 35117 is $1,240 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
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- How long people stay in Mount Olive
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- Housing data for every place in Alabama