JeffCroweCRE

Housing market/Alabama/ZIP 35116

ACS 2023 · FY2027 SAFMR

ZIP 35116 Morris, Alabama

Birmingham-Hoover, AL HUD Metro FMR Area · Alabama. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
4,912
Households
1,815
Median HH income
$98,990
Renter share
7.7%
Median gross rent
$844
Vacancy
11.6%
Pop. change
+12.3%
2BR SAFMR
$1,090
SAFMR / rent
1.291×
2–49 unit stock
43
LIHTC proj / units
1 / 48
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35116 · AL — sent to you.

ZIP 35116 · AL

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ACS rent vs 2BR SAFMR

ZIP 35116 — Morris, AL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$844
2BR SAFMR$1,090
90% floor$981
110% ceiling$1,199

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 35116

  • 1-unit detached1,65080.4%
  • 1-unit attached824.0%
  • 2–4 units160.8%
  • 5–49 units271.3%
  • Mobile27713.5%
TypeUnitsShare
1-unit detached1,65080.4%
1-unit attached824.0%
2 units (duplex)00.0%
3–4 units160.8%
5–9 units271.3%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile27713.5%

2–4 unit share 0.8% · 5–49 unit share 1.3% · combined 2–49 2.1%.

Units by bedrooms

Studio
11
1BR
20
2BR
495
3BR
963
4BR
478
5+
85

Rent burden

Rent ≥30% of income36.4%
Rent ≥50% of income27.9%
  • ACS median gross rent $844 (all bedrooms, occupied rentals).
  • Median contract rent $619.
  • Renters paying ≥30% of income 36.4%; ≥50% 27.9%.
  • FY2027 2BR SAFMR $1,090 (1.291× ACS median gross rent).

Population

4,912 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +12.3%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: 1 projects, 48 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 776 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 35116 7.7% of occupied households are renters; vacancy is 11.6%; ACS median gross rent is $844; population increased +12.3% between the 2018 and 2023 ACS vintages; the housing stock includes 16 units in 2–4-unit structures and 27 units in 5–49-unit structures; 1 LIHTC projects totaling 48 units; FY2027 2BR SAFMR is $1,090 versus ACS median gross rent of $844. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Alabama research

ZIP 35116 is a Census / HUD profile for Birmingham-Hoover, AL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 35116 — Morris, AL HUD Section 8 Payment Standards / SAFMR·Alabama ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
35004Birmingham-Hoover, AL HUD Metro FMR Area24.0%$1,555$1,74035005Birmingham-Hoover, AL HUD Metro FMR Area11.1%$1,074$1,32035007Birmingham-Hoover, AL HUD Metro FMR Area16.1%$1,348$1,54035013Birmingham-Hoover, AL HUD Metro FMR Area85.0%—$92035020Birmingham-Hoover, AL HUD Metro FMR Area43.8%$856$1,12035021Birmingham-Hoover, AL HUD Metro FMR Area——$1,37035022Birmingham-Hoover, AL HUD Metro FMR Area19.3%$991$1,21035023Birmingham-Hoover, AL HUD Metro FMR Area19.4%$1,216$1,42035036Birmingham-Hoover, AL HUD Metro FMR Area87.0%—$1,25035043Birmingham-Hoover, AL HUD Metro FMR Area9.3%$1,279$1,58035048Birmingham-Hoover, AL HUD Metro FMR Area——$1,37035049Birmingham-Hoover, AL HUD Metro FMR Area26.9%$928$1,040

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Alabama research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 35116?

ZIP 35116 (Birmingham-Hoover, AL HUD Metro FMR Area) has 4,912 residents, 1,815 households, a renter share of 7.7%, median household income of $98,990, and ACS 2023 median gross rent of $844. Vacancy is 11.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35116?

ACS counts 0 units in 2-unit buildings, 16 in 3–4 unit buildings, 27 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 43 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35116?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,090. See the full schedule and 90–110% payment-standard band on the ZIP 35116 — Morris, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35116 is Census / HUD research for Birmingham-Hoover, AL HUD Metro FMR Area. Jeff Crowe CRE does not list Alabama property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.