Huntsville, AL MSA · FY2026 area median income $115,100 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $403 | $604 | $806 | $1,007 | $1,209 | $1,410 | $1,612 |
| 1BR | $431 | $647 | $863 | $1,079 | $1,295 | $1,511 | $1,727 |
| 2BR | $518 | $777 | $1,036 | $1,295 | $1,554 | $1,813 | $2,072 |
| 3BR | $598 | $898 | $1,197 | $1,496 | $1,796 | $2,095 | $2,395 |
| 4BR | $668 | $1,002 | $1,336 | $1,670 | $2,004 | $2,338 | $2,672 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $24,180 | $40,300 | $48,360 | $64,480 |
| 2 persons | $27,630 | $46,050 | $55,260 | $73,680 |
| 3 persons | $31,080 | $51,800 | $62,160 | $82,880 |
| 4 persons | $34,530 | $57,550 | $69,060 | $92,080 |
| 5 persons | $37,320 | $62,200 | $74,640 | $99,520 |
| 6 persons | $40,080 | $66,800 | $80,160 | $106,880 |
| 7 persons | $42,840 | $71,400 | $85,680 | $114,240 |
| 8 persons | $45,600 | $76,000 | $91,200 | $121,600 |
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 Madison County to see the sources and uses, bond test, DSCR, and funding gap using these rents.