Summit County, AL Fair Market Rent
2026 HUD Fair Market Rents for Summit County, AL. Population: 57,680. Median household income: $43,274/year.
Fair Market Rent by Bedroom Size
Studio$503/mo
1 Bedroom$634/mo
2 Bedroom$772/mo
3 Bedroom$972/mo
4 Bedroom$1,128/mo
Rent Affordability Analysis
Median Income
$43,274/yr
Affordable Rent (30% Rule)
$1,082/mo
Rent Burden
21.4%
Income Needed to Rent
| Unit Size | Monthly FMR | Annual Rent | Income Needed (30% Rule) |
|---|---|---|---|
| Studio | $503 | $6,036 | $20,120/yr |
| 1 Bedroom | $634 | $7,608 | $25,360/yr |
| 2 Bedroom | $772 | $9,264 | $30,880/yr |
| 3 Bedroom | $972 | $11,664 | $38,880/yr |
| 4 Bedroom | $1,128 | $13,536 | $45,120/yr |
Frequently Asked Questions
What is the fair market rent in Summit County, AL?
The 2026 HUD Fair Market Rent for a 2-bedroom in Summit County is $772/month. Studio: $503, 1BR: $634, 3BR: $972, 4BR: $1,128.
What is the rent burden in Summit County?
Rent burden in Summit County is 21.4% of median household income ($43,274/year). The HUD considers 30% or more cost-burdened.
How much income do you need to rent in Summit County?
To afford a 2-bedroom at $772/month using the 30% rule, you need an annual income of at least $30,880.
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