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RentData.org Logo Lamar County Fair Market Rent FY 2008 Lamar County, AL Rental Data

Fair Market Rent Prices in Lamar County, AL :
$322 $400 $481 $642 $843
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 Lamar County are very low compared to the national average. This FMR area is less expensive than 88% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Lamar County is $481 per month.

The previous year, rent for a two-bedroom home was $453 per month. This is a 6.18% increase year-over-year.

This FMR rate applies to Beaverton, AL, Detroit, AL, Millport, AL, Sulligent, AL, Vernon, AL, Hamilton, AL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY01075N01075.

Additionally, This Fair Market Rent (FMR) area Lamar County, AL spans one county or city in Alabama which is listed in the table below. Estimated population of Lamar County, AL FMR area is 15,904 people based on latest Census data.

Compared to the rest of Alabama, the Lamar County FMR area is less expensive than 59% 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 Lamar County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Lamar 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 $ 321
1-BR 1-Bedroom $ 402
2-BR 2-Bedroom $ 481
3-BR 3-Bedroom $ 640
4-BR 4-Bedroom $ 842
Change Year:

There is just one county (listed below) within the Lamar County, AL FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers two metro areas: Columbus - Tupelo - West Point and Birmingham (Ann & Tusc).

County / Region Est. Population
Lamar County, AL 15,904
Zip Codes in Lamar County, AL

There are 6 unique zip codes in this Fair Market Rent (FMR) area:

35544, 35552, 35570, 35576, 35586 and 35592

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