FairRentWize

Birmingham-Hoover Fair Market Rent 2026

HUD Fair Market Rent data for the Birmingham-Hoover metropolitan area. Median household income: $46,088/year. Vacancy rate: 8.4%.

2BR FMR

$863/mo

Median Income

$46,088

Vacancy Rate

8.4%

Rent Burden

22.5%

Fair Market Rent by Bedroom Size

Studio$540/mo
1 Bedroom$687/mo
2 Bedroom$863/mo
3 Bedroom$1,083/mo
4 Bedroom$1,216/mo

Affordability Analysis

Based on the 30% rule, a household earning the median income of $46,088/year can afford up to $1,152/mo in rent.

The 2BR FMR of $863/mo represents 22.5% of median income, which is within the 30% affordability threshold.

Rental Market Conditions

The vacancy rate of 8.4% in Birmingham-Hoover indicates a loose rental market. Higher vacancy gives renters more options and potential leverage on pricing.

Frequently Asked Questions

What is the average rent in Birmingham-Hoover?

The 2026 HUD FMR for a 2-bedroom in the Birmingham-Hoover metro area is $863/month. 1BR: $687, 3BR: $1,083.

What is the vacancy rate in Birmingham-Hoover?

The rental vacancy rate in Birmingham-Hoover is 8.4%. A rate below 5% typically indicates a tight rental market.

Is Birmingham-Hoover affordable for renters?

With a median income of $46,088 and 2BR rent at $863/mo, rent takes about 22% of income in Birmingham-Hoover.

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