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FY2017 Hypothetical Small Area FMRs For Baldwin County, AL

In metropolitan areas, HUD defines Small Areas using ZIP Codes within the metropolitan area. Using ZIP codes as the basis for FMRs provides tenants with greater ability to move into ?Opportunity Neighborhoods? with jobs, public transportation, and good schools. They also provide for multiple payment standards within a metropolitan area, and they are likely to reduce need for extensive market area rent reasonableness studies. Lastly, HUD hopes that setting FMRs for each ZIP code will reduce overpayment in lower-rent areas.

Baldwin County is part of the Daphne-Fairhope-Foley, AL MSA.

Baldwin County, AL Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
36480 $810 $850 $980 $1,430 $1,640 1.004
36502 $520 $550 $630 $920 $1,050 0.645
36507 $600 $630 $730 $1,060 $1,220 0.747
36511 $810 $850 $980 $1,430 $1,640 1.004
36526 $940 $990 $1,140 $1,660 $1,910 1.168
36527 $1,020 $1,070 $1,240 $1,810 $2,070 1.272
36530 $720 $750 $870 $1,270 $1,450 0.892
36532 $940 $990 $1,140 $1,660 $1,910 1.171
36533 $810 $850 $980 $1,430 $1,640 1.004
36535 $690 $720 $830 $1,210 $1,390 0.849
36536 $810 $850 $980 $1,430 $1,640 1.004
36542 $800 $840 $970 $1,410 $1,620 0.992
36547 $810 $850 $980 $1,430 $1,640 1.004
36549 $640 $670 $770 $1,120 $1,290 0.788
36550 $810 $850 $980 $1,430 $1,640 1.004
36551 $880 $930 $1,070 $1,560 $1,790 1.096
36555 $920 $960 $1,110 $1,620 $1,860 1.140
36559 $810 $850 $980 $1,430 $1,640 1.004
36561 $1,190 $1,250 $1,440 $2,100 $2,410 1.469
36562 $810 $850 $980 $1,430 $1,640 1.004
36564 $810 $850 $980 $1,430 $1,640 1.004
36567 $700 $740 $850 $1,240 $1,420 0.874
36574 $810 $850 $980 $1,430 $1,640 1.004
36576 $880 $930 $1,070 $1,560 $1,790 1.093
36577 $810 $850 $980 $1,430 $1,640 1.004
36578 $810 $850 $980 $1,430 $1,640 1.004
36579 $810 $850 $980 $1,430 $1,640 1.004
36580 $730 $760 $880 $1,280 $1,470 0.896

* Small Area FMRs presented with an asterisk are calculated in accordance with the Guidance For Preparing Comments on Small Area FMRs available at here.

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