2025 FMR And Section 8 Rents For Greene County AL

Section 8 is a federal program that guarantees monthly rent payments to landlords. The U.S. Department of Housing and Urban Development (HUD) publishes Fair Market Rents, which are 40th percentile averages of local rents, to determine their standard payment amount.

Use our Section 8 rents table to find the best market for Section 8 investment. See Section 8 rents in each zip code of greene-county, AL.

Typically, the government guarantees 70% of the rent payment, and the tenant pays the remaining 30%. Section 8 tenants typically stay in their units 6-7x longer than regular tenants.

Zip CodeStudio1 Bed2 Bed3 Bed4 Bed
72938$770$780$980$1240$1380
72934$740$750$980$1180$1310
72932$736$741$974$1180$1450
72933$740$750$980$1180$1310
72936$736$741$974$1178$1297
72935$860$870$1080$1360$1440
72937$770$770$1000$1220$1330
72940$736$741$974$1178$1297

Zip Code:

72938

Studio Rent:

$770

1 Bedroom Rent:

$780

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1240

4 Bedroom Rent:

$1380

Zip Code:

72934

Studio Rent:

$740

1 Bedroom Rent:

$750

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1180

4 Bedroom Rent:

$1310

Zip Code:

72932

Studio Rent:

$736

1 Bedroom Rent:

$741

2 Bedroom Rent:

$974

3 Bedroom Rent:

$1180

4 Bedroom Rent:

$1450

Zip Code:

72933

Studio Rent:

$740

1 Bedroom Rent:

$750

2 Bedroom Rent:

$980

3 Bedroom Rent:

$1180

4 Bedroom Rent:

$1310

Zip Code:

72936

Studio Rent:

$736

1 Bedroom Rent:

$741

2 Bedroom Rent:

$974

3 Bedroom Rent:

$1178

4 Bedroom Rent:

$1297

Zip Code:

72935

Studio Rent:

$860

1 Bedroom Rent:

$870

2 Bedroom Rent:

$1080

3 Bedroom Rent:

$1360

4 Bedroom Rent:

$1440

Zip Code:

72937

Studio Rent:

$770

1 Bedroom Rent:

$770

2 Bedroom Rent:

$1000

3 Bedroom Rent:

$1220

4 Bedroom Rent:

$1330

Zip Code:

72940

Studio Rent:

$736

1 Bedroom Rent:

$741

2 Bedroom Rent:

$974

3 Bedroom Rent:

$1178

4 Bedroom Rent:

$1297

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Frequently Asked Section 8 Investing Questions

Fair Market Rent (FMR): HUD sets FMR by bedroom size for each area.

Payment Standard: The local PHA sets this between 90–110% of the FMR. It's the max PHA assistance.

Gross Rent: Contract rent (charged by landlord) + utility allowance (estimated tenant utility costs). Must fit payment standard limits.

Housing Assistance Payment (HAP):

The PHA pays the lower of:

  • Payment standard - Tenant's Total Tenant Payment (TTP).
  • Gross rent - TTP.

Example:

  • Payment standard: $1,500
  • Contract rent: $1,400
  • Utility allowance: $100
  • Tenant's TTP: $400
  • Gross rent: $1,500 ($1,400 + $100).
  • HAP: $1,100 (lower of $1,500 - $400 or $1,500 - $400).

Landlord receives $1,100 (PHA) + $400 (tenant) = $1,500 total.