Choctaw County, AL · FY2026 area median income $74,900 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $262 | $393 | $525 | $656 | $787 | $918 | $1,050 |
| 1BR | $281 | $421 | $562 | $703 | $843 | $984 | $1,125 |
| 2BR | $337 | $506 | $675 | $843 | $1,012 | $1,181 | $1,350 |
| 3BR | $389 | $584 | $779 | $973 | $1,168 | $1,363 | $1,558 |
| 4BR | $434 | $651 | $869 | $1,086 | $1,303 | $1,520 | $1,738 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $15,750 | $26,250 | $31,500 | $42,000 |
| 2 persons | $18,000 | $30,000 | $36,000 | $48,000 |
| 3 persons | $20,250 | $33,750 | $40,500 | $54,000 |
| 4 persons | $22,470 | $37,450 | $44,940 | $59,920 |
| 5 persons | $24,270 | $40,450 | $48,540 | $64,720 |
| 6 persons | $26,070 | $43,450 | $52,140 | $69,520 |
| 7 persons | $27,870 | $46,450 | $55,740 | $74,320 |
| 8 persons | $29,670 | $49,450 | $59,340 | $79,120 |
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 Choctaw County to see the sources and uses, bond test, DSCR, and funding gap using these rents.