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RentData.org Logo Cherokee County Fair Market Rent FY 2020 Cherokee County, AL Rental Data

Fair Market Rent Prices in Cherokee County, AL :
$462 $465 $612 $826 $829
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Non-Metro

Fair Market Rent prices in Cherokee County are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Cherokee County is $612 per month.

The previous year, rent for a two-bedroom home was $628 per month. This is a 2.55% decrease year-over-year.

This FMR rate applies to Spring Garden, AL, Mentone, AL, Gaylesville, AL, Leesburg, AL, Cedar Bluff, AL, Collinsville, AL, Centre, AL, Fort Payne, AL, Gadsden, AL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY01019N01019.

Additionally, This Fair Market Rent (FMR) area Cherokee County, AL spans one county or city in Alabama which is listed in the table below. Estimated population of Cherokee County, AL FMR area is 25,855 people based on latest Census data.

Compared to the rest of Alabama, the Cherokee County FMR area is less expensive than 99% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Cherokee County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Cherokee County

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 496
1-BR 1-Bedroom $ 500
2-BR 2-Bedroom $ 658
3-BR 3-Bedroom $ 888
4-BR 4-Bedroom $ 891
Change Year:

There is just one county (listed below) within the Cherokee County, AL FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Birmingham (Ann & Tusc) and Huntsville - Decatur (Flor).

County / Region Est. Population
Cherokee County, AL 25,855
Zip Codes in Cherokee County, AL

There are 10 unique zip codes in this Fair Market Rent (FMR) area:

35901, 35903, 35959, 35960, 35961, 35967, 35973, 35983, 35984 and 36275

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