Daphne-Fairhope-Foley, AL MSA · FY2026 area median income $102,400 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $358 | $537 | $716 | $895 | $1,074 | $1,253 | $1,432 |
| 1BR | $383 | $575 | $767 | $958 | $1,150 | $1,342 | $1,534 |
| 2BR | $460 | $690 | $920 | $1,150 | $1,380 | $1,610 | $1,840 |
| 3BR | $532 | $798 | $1,064 | $1,330 | $1,596 | $1,862 | $2,128 |
| 4BR | $593 | $889 | $1,186 | $1,482 | $1,779 | $2,075 | $2,372 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $21,480 | $35,800 | $42,960 | $57,280 |
| 2 persons | $24,540 | $40,900 | $49,080 | $65,440 |
| 3 persons | $27,600 | $46,000 | $55,200 | $73,600 |
| 4 persons | $30,690 | $51,150 | $61,380 | $81,840 |
| 5 persons | $33,150 | $55,250 | $66,300 | $88,400 |
| 6 persons | $35,580 | $59,300 | $71,160 | $94,880 |
| 7 persons | $38,070 | $63,450 | $76,140 | $101,520 |
| 8 persons | $40,500 | $67,500 | $81,000 | $108,000 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Baldwin County to see the sources and uses, bond test, DSCR, and funding gap using these rents.