Gadsden, AL MSA · FY2026 area median income $78,600 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $275 | $413 | $551 | $688 | $826 | $964 | $1,102 |
| 1BR | $295 | $442 | $590 | $737 | $885 | $1,032 | $1,180 |
| 2BR | $354 | $531 | $708 | $885 | $1,062 | $1,239 | $1,416 |
| 3BR | $408 | $613 | $817 | $1,021 | $1,226 | $1,430 | $1,635 |
| 4BR | $456 | $684 | $912 | $1,140 | $1,368 | $1,596 | $1,824 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $16,530 | $27,550 | $33,060 | $44,080 |
| 2 persons | $18,870 | $31,450 | $37,740 | $50,320 |
| 3 persons | $21,240 | $35,400 | $42,480 | $56,640 |
| 4 persons | $23,580 | $39,300 | $47,160 | $62,880 |
| 5 persons | $25,470 | $42,450 | $50,940 | $67,920 |
| 6 persons | $27,360 | $45,600 | $54,720 | $72,960 |
| 7 persons | $29,250 | $48,750 | $58,500 | $78,000 |
| 8 persons | $31,140 | $51,900 | $62,280 | $83,040 |
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 Etowah County to see the sources and uses, bond test, DSCR, and funding gap using these rents.