What is the Fair Market Rent in Pike Road, AL?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 36064, which covers Pike Road, is $1,630 a month.
Across the whole Montgomery, AL MSA the two-bedroom figure is $1,150.
The Census Bureau’s median gross rent for a two-bedroom home in Pike Road is $1,367 (±$79), below the Small Area figure for ZIP 36064.
Figures last updated on .
- 2 bedrooms, whole area
- $1,150
- 2 bedrooms, ZIP 36064
- $1,630
Fair Market Rents for Pike Road, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms | Census median rent | |
|---|---|---|---|---|---|---|
| Montgomery, AL MSA (whole area) | $986 | $1,003 | $1,150 | $1,476 | $1,708 | — |
| ZIP 36064 (31% of the ZIP’s land is in this place) | $1,400 | $1,420 | $1,630 | $2,090 | $2,420 | $1,550 |
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 Pike Road
What is the Section 8 payment standard in Pike Road?
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 Montgomery, AL MSA is $1,150, and the Small Area figure for 36064 is $1,630.
What is the Fair Market Rent for a two-bedroom in ZIP 36064?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a two-bedroom home in ZIP 36064 is $1,630 a month; the Census Bureau’s median gross rent across that ZIP code, for homes of every size, is $1,550 (±$192).
What is the Fair Market Rent for a one-bedroom in Pike Road?
HUD’s fiscal year 2027 Small Area Fair Market Rent for a one-bedroom home in ZIP 36064 is $1,420 a month, against $1,003 across the Montgomery, AL MSA.
Sources
- HUD Fair Market Rents, fiscal year 2027: Montgomery, AL MSA
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Montgomery, AL MSA
- 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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- Median rent in Pike Road
- Rent by bedrooms in Pike Road
- Rent burden in Pike Road
- Renters and owners in Pike Road
- Income and affordability in Pike Road
- Home values in Pike Road
- Homeowner costs in Pike Road
- Property taxes in Pike Road
- Types of homes in Pike Road
- Heating fuel in Pike Road
- Commute and cars in Pike Road
- Population growth in Pike Road
- How long people stay in Pike Road
- Alabama landlord and tenant rules
- Housing across Montgomery County
- Housing data for every place in Alabama