Fair Market Rent, two bedrooms (HUD, monthly) in Madison County

Fair Market Rent, two bedrooms (HUD, monthly) in Madison County was $1,341 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 2.4% from 2026. That is the 7th highest of 67 counties in 2027.

2027, USD1,341
Change on 2026+2.4%
Series high1,3412027
Series low6502013

Next release: Saturday, 15 May 2027, estimated by Invokely from past publication dates (medium confidence), not announced by the publisher. Release calendar

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Fair Market Rent, two bedrooms (HUD, monthly) in Madison County, 2010 to 2027

6008001,0001,2001,4002010201320162019202220272010: 665 USD2011: 665 USD2012: 661 USD2013: 650 USD2014: 689 USD2015: 711 USD2016: 727 USD2017: 746 USD2018: 717 USD2019: 809 USD2020: 782 USD2021: 821 USD2022: 897 USD2023: 1,029 USD2024: 1,248 USD2025: 1,248 USD2026: 1,310 USD2027: 1,341 USD
USD. Source: HUD, HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. Retrieved 2026-10-12.
All 18 values
PeriodUSD
20271,341
20261,310
20251,248
20241,248
20231,029
2022897
2021821
2020782
2019809
2018717
2017746
2016727
2015711
2014689
2013650
2012661
2011665
2010665

Rankings

Definition

Monthly gross rent, in US dollars, that the U.S. Department of Housing and Urban Development (HUD) sets for a two-bedroom unit in the HUD area that contains the county. Gross rent is the rent plus all utilities paid by the tenant except telephone, cable or satellite television and internet. HUD sets Fair Market Rents at the 40th percentile of gross rents paid by recent movers for standard-quality rental units, from American Community Survey data brought forward to the fiscal year; until 2018 a few metropolitan areas were set at the 50th percentile. They set payment standards for Housing Choice Vouchers and rent ceilings in other HUD programs.

A policy benchmark, not a measured rent: it is lower than the median rent by design and differs from the Census Bureau median gross rent. HUD sets one value per HUD area, a metropolitan area (sometimes split into HUD Metro FMR Areas) or a non-metropolitan county, so every county of a metropolitan area shows the same figure. Counties in the six New England states have no value, because HUD defines their areas by town and a county can span several areas. Where HUD splits off part of a county, the county value is the rest of the county: Howard County, Maryland, without Columbia until FY2015, and Crawford County, Missouri, without its part of Sullivan. The year is HUD's federal fiscal year: FY2027 runs from 1 October 2026 to 30 September 2027.

How to cite

U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.

Citation styles

The publisher is the author. Invokely is named only as the place the figures were read, where a style asks for it.

APA 7

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. (n.d.). HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars (Fair Market Rent, two bedrooms (HUD, monthly), Madison County, 2010 to 2027) [Data set]. Retrieved October 12, 2026, from https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx

MLA 9

HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars, Fair Market Rent, two bedrooms (HUD, monthly), Madison County, 2010 to 2027. U.S. Department of Housing and Urban Development, Office of Policy Development and Research, https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/madison-county-alabama. Accessed 12 Oct. 2026.

Chicago (author-date)

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. n.d. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. Fair Market Rent, two bedrooms (HUD, monthly), Madison County, 2010 to 2027. Dataset. Accessed October 12, 2026. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Also distributed by Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/madison-county-alabama.

Harvard

U.S. Department of Housing and Urban Development, Office of Policy Development and Research (no date) HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars, Fair Market Rent, two bedrooms (HUD, monthly), Madison County, 2010 to 2027 [Dataset]. Available at: https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx, via Invokely: https://invokely.ai/en/fair-market-rent-two-bedroom/madison-county-alabama (Accessed: 12 October 2026).

BibTeX
@misc{department_fair_market_rent_two_2027,
  author = {{U.S. Department of Housing and Urban Development, Office of Policy Development and Research}},
  title = {{HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars: Fair Market Rent, two bedrooms (HUD, monthly), Madison County, 2010 to 2027}},
  howpublished = {Data set},
  url = {https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx},
  urldate = {2026-10-12},
  note = {Accessed via Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/madison-county-alabama. Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27\_FMRs.xlsx. Retrieved 2026-10-12.},
}
RIS
TY  - DATA
AU  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
TI  - HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars: Fair Market Rent, two bedrooms (HUD, monthly), Madison County, 2010 to 2027
PB  - U.S. Department of Housing and Urban Development, Office of Policy Development and Research
DB  - Invokely
UR  - https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx
L2  - https://invokely.ai/en/fair-market-rent-two-bedroom/madison-county-alabama
Y2  - 2026/10/12
N1  - Accessed via Invokely, https://invokely.ai/en/fair-market-rent-two-bedroom/madison-county-alabama.
N1  - Publisher attribution: U.S. Department of Housing and Urban Development, HUD USER. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. https://www.huduser.gov/portal/datasets/fmr/fmr2027/FY27_FMRs.xlsx. Retrieved 2026-10-12.
ER  - 
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Questions

What is the fair Market Rent, two bedrooms (HUD, monthly) in Madison County?

Fair Market Rent, two bedrooms (HUD, monthly) in Madison County was $1,341 in 2027, according to the U.S. Department of Housing and Urban Development, Office of Policy Development and Research. That is up 2.4% from 2026. That is the 7th highest of 67 counties in 2027.

Where does this figure come from?

U.S. Department of Housing and Urban Development, Office of Policy Development and Research. HUD Fair Market Rents by county: two bedrooms, monthly gross rent in dollars. Retrieved by Invokely on 2026-10-12.

What was the highest fair Market Rent, two bedrooms (HUD, monthly) in Madison County?

$1,341 in 2027, the highest value since 2010 in this series.

Related statistics for Madison County

All statistics for Madison County | Madison County in figures