JeffCroweCRE

Housing market/Alabama/ZIP 35224

ACS 2023 · FY2027 SAFMR

ZIP 35224 Birmingham, 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
5,409
Households
1,971
Median HH income
$46,401
Renter share
40.2%
Median gross rent
$1,063
Vacancy
28.6%
Pop. change
+4.7%
2BR SAFMR
$1,210
SAFMR / rent
1.138×
2–49 unit stock
105
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35224 · AL — sent to you.

ZIP 35224 · AL

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ACS rent vs 2BR SAFMR

ZIP 35224 — Birmingham, AL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,063
2BR SAFMR$1,210
90% floor$1,089
110% ceiling$1,331

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35224

  • 1-unit detached2,46889.4%
  • 1-unit attached511.8%
  • 2–4 units923.3%
  • 5–49 units130.5%
  • Mobile1375.0%
TypeUnitsShare
1-unit detached2,46889.4%
1-unit attached511.8%
2 units (duplex)883.2%
3–4 units40.1%
5–9 units00.0%
10–19 units00.0%
20–49 units130.5%
50+ units00.0%
Mobile1375.0%

2–4 unit share 3.3% · 5–49 unit share 0.5% · combined 2–49 3.8%.

Units by bedrooms

Studio
0
1BR
119
2BR
839
3BR
1,575
4BR
221
5+
7

Rent burden

Rent ≥30% of income48.8%
Rent ≥50% of income21.2%
  • ACS median gross rent $1,063 (all bedrooms, occupied rentals).
  • Median contract rent $570.
  • Renters paying ≥30% of income 48.8%; ≥50% 21.2%.
  • FY2027 2BR SAFMR $1,210 (1.138× ACS median gross rent).

Population

5,409 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.7%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 35224 40.2% of occupied households are renters; vacancy is 28.6%; ACS median gross rent is $1,063; population increased +4.7% between the 2018 and 2023 ACS vintages; the housing stock includes 92 units in 2–4-unit structures and 13 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,210 versus ACS median gross rent of $1,063. 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 35224 is a Census / HUD profile for Birmingham-Hoover, AL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 35224 — Birmingham, 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 35224?

ZIP 35224 (Birmingham-Hoover, AL HUD Metro FMR Area) has 5,409 residents, 1,971 households, a renter share of 40.2%, median household income of $46,401, and ACS 2023 median gross rent of $1,063. Vacancy is 28.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35224?

ACS counts 88 units in 2-unit buildings, 4 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 13 in 20–49. Combined 2–49 unit stock is 105 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35224?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,210. See the full schedule and 90–110% payment-standard band on the ZIP 35224 — Birmingham, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35224 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.