Rent comparison · HUD FY2026

Monroe County vs Shelby County

How do Monroe County and Shelby County rents compare? A side-by-side FY 2026 HUD Fair Market Rent breakdown, studio through 4-bedroom.

$764
Monroe County (1BR)
$1,154
Shelby County (1BR)
−34%
1BR difference

Side-by-side FY 2026 HUD Fair Market Rent comparison. Data from U.S. Department of Housing and Urban Development (HUD).

County
Monroe County
$764/mo 1BR
Population: 46,489
County
Shelby County
$1,154/mo 1BR
Population: 926,440

A 1-bedroom in Monroe County is 34% cheaper than Shelby County at the HUD Fair Market Rent level ($764 vs $1,154). Both figures are the 40th percentile of gross rents (utilities included, telephone excluded) set by HUD for the federal fiscal year 2026. Section 8 Housing Choice Voucher payment standards in each area are set between 90% and 110% of these FMR numbers. Source: HUD Fair Market Rents.

How Do Rents Compare By Bedroom?

Bedrooms Monroe County Shelby County Difference
Studio $684 $1,060 −$376 (-35%)
1 Bedroom $764 $1,154 −$390 (-34%)
2 Bedroom $925 $1,274 −$349 (-27%)
3 Bedroom $1,220 $1,683 −$463 (-28%)
4 Bedroom $1,225 $1,959 −$734 (-37%)

vs US National Average

National average 1BR: $959. Monroe County is 20% below the US average. Shelby County is 20% above.

Sources: HUD Fair Market Rents FY 2026. Population and median income from U.S. Census Bureau American Community Survey (ACS).