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RentData.org Logo Pike County Fair Market Rent FY 2016 Pike County, AL Rental Data

Fair Market Rent Prices in Pike County, AL :
$481 $504 $584 $838 $852
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 Pike County are very low compared to the national average. This FMR area is less expensive than 89% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Pike County is $584 per month.

The previous year, rent for a two-bedroom home was $605 per month. This is a 3.47% decrease year-over-year.

This FMR rate applies to Troy, AL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY01109N01109.

Additionally, This Fair Market Rent (FMR) area Pike County, AL spans one county or city in Alabama which is listed in the table below. Estimated population of Pike County, AL FMR area is 32,899 people based on latest Census data.

Compared to the rest of Alabama, the Pike County FMR area is more expensive than 61% 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 Pike County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Pike 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 $ 517
1-BR 1-Bedroom $ 542
2-BR 2-Bedroom $ 628
3-BR 3-Bedroom $ 902
4-BR 4-Bedroom $ 917
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

There is just one county (listed below) within the Pike County, AL FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers one metro area: Montgomery (Selma).

County / Region Est. Population
Pike County, AL 32,899
Zip Codes in Pike County, AL

There is 1 unique zip code in this Fair Market Rent (FMR) area:

36082

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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