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RentData.org Logo Randolph County Fair Market Rent FY 2023 Randolph County, AL Rental Data

Fair Market Rent Prices in Randolph County, AL :
$560 $655 $740 $1,052 $1,109
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 Randolph County are very low compared to the national average. This FMR area is less expensive than 83% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Randolph County is $740 per month.

The previous year, rent for a two-bedroom home was $705 per month. This is a 4.96% increase year-over-year.

This FMR rate applies to Graham, AL, Woodland, AL, Wedowee, AL and other cities within the region. The Metro Code or CBSA code for this region is NCNTY01111N01111.

Additionally, This Fair Market Rent (FMR) area Randolph County, AL spans one county or city in Alabama which is listed in the table below. Estimated population of Randolph County, AL FMR area is 22,732 people based on latest Census data.

Compared to the rest of Alabama, the Randolph County FMR area is more expensive than 55% of the state.

Alabama Rents Map

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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 Randolph County. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Randolph 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 $ 591
1-BR 1-Bedroom $ 691
2-BR 2-Bedroom $ 781
3-BR 3-Bedroom $ 1110
4-BR 4-Bedroom $ 1170
Change Year:

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

County / Region Est. Population
Randolph County, AL 22,732
Zip Codes in Randolph County, AL

There are 3 unique zip codes in this Fair Market Rent (FMR) area:

36263, 36278 and 36280

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