Housing market/Alabama/ZIP 35121
ZIP 35121 Oneonta, Alabama
Gadsden, AL MSA · Alabama. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 35121 · AL — sent to you.
ZIP 35121 · AL
ACS rent vs 2BR SAFMR
ZIP 35121 — Oneonta, AL HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 35121
- 1-unit detached4,75870.5%
- 1-unit attached410.6%
- 2–4 units5668.4%
- 5–49 units2824.2%
- 50+ units200.3%
- Mobile1,08016.0%
2–4 unit share 8.4% · 5–49 unit share 4.2% · combined 2–49 12.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $704 (all bedrooms, occupied rentals).
- Median contract rent $519.
- Renters paying ≥30% of income 47.0%; ≥50% 22.3%.
- FY2027 2BR SAFMR $920 (1.307× ACS median gross rent).
Population
16,207 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +5.1%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 6 projects, 227 units.
- HUD project-based assisted MF: 2 properties, 83 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 0 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 35121 27.6% of occupied households are renters; vacancy is 10.7%; ACS median gross rent is $704; population increased +5.1% between the 2018 and 2023 ACS vintages; the housing stock includes 566 units in 2–4-unit structures and 282 units in 5–49-unit structures; 6 LIHTC projects totaling 227 units; FY2027 2BR SAFMR is $920 versus ACS median gross rent of $704. 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 35121 is a Census / HUD profile for Gadsden, AL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 35121 — Oneonta, AL HUD Section 8 Payment Standards / SAFMR·Alabama ZIP directory
Nearby ZIPs in this FMR area
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 35121?
ZIP 35121 (Gadsden, AL MSA) has 16,207 residents, 6,024 households, a renter share of 27.6%, median household income of $57,607, and ACS 2023 median gross rent of $704. Vacancy is 10.7%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 35121?
ACS counts 162 units in 2-unit buildings, 404 in 3–4 unit buildings, 92 in 5–9, 62 in 10–19, and 128 in 20–49. Combined 2–49 unit stock is 848 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 35121?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $920. See the full schedule and 90–110% payment-standard band on the ZIP 35121 — Oneonta, AL HUD Section 8 Payment Standards / SAFMR.
Does this Alabama ZIP profile include Georgia listings?
No. ZIP 35121 is Census / HUD research for Gadsden, AL MSA. 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.