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FY2017 Hypothetical Small Area FMRs For Autauga 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.

Autauga County is part of the Montgomery, AL MSA.

Autauga County, AL Hypothetical Small Area FMRs By Unit Bedrooms
ZIP Code Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom ZIP/CBSA Ratio
36003 $460 $530 $640 $820 $1,110 0.785
36006 $590 $680 $810 $1,050 $1,350 0.978
36008 $610 $710 $860 $1,100 $1,490 1.051
36022 $520 $610 $730 $940 $1,270 0.889
36051 $510 $590 $710 $910 $1,210 0.867
36066 $670 $780 $940 $1,210 $1,630 1.139
36067 $540 $630 $760 $970 $1,320 0.922
36068 $610 $710 $860 $1,100 $1,490 1.051
36091 $480 $540 $620 $810 $940 0.676
36703 $440 $510 $620 $790 $1,080 0.635
36749 $610 $710 $860 $1,100 $1,490 1.051
36758 $490 $550 $650 $840 $1,030 0.778

* 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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