Housing market/Alabama/ZIP 35401

ACS 2023 · FY2027 SAFMR

ZIP 35401 Tuscaloosa, Alabama

Tuscaloosa, 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
40,507
Households
13,422
Median HH income
$30,031
Renter share
68.6%
Median gross rent
$911
Vacancy
31.2%
Pop. change
+8.9%
2BR SAFMR
$1,120
SAFMR / rent
1.229×
2–49 unit stock
8,473
LIHTC proj / units
15 / 1,029
HUD assisted MF
6 / 428

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35401 · AL — sent to you.

ZIP 35401 · AL

ACS median rent$911
2BR SAFMR$1,120
90% floor$1,008
110% ceiling$1,232

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35401

  • 1-unit detached7,64639.2%
  • 1-unit attached2971.5%
  • 2–4 units2,01910.3%
  • 5–49 units6,45433.1%
  • 50+ units2,51612.9%
  • Mobile5853.0%
TypeUnitsShare
1-unit detached7,64639.2%
1-unit attached2971.5%
2 units (duplex)8994.6%
3–4 units1,1205.7%
5–9 units1,5868.1%
10–19 units2,33312.0%
20–49 units2,53513.0%
50+ units2,51612.9%
Mobile5853.0%

2–4 unit share 10.3% · 5–49 unit share 33.1% · combined 2–49 43.4%.

Units by bedrooms

Studio
782
1BR
4,429
2BR
5,483
3BR
6,563
4BR
1,999
5+
261

Rent burden

Rent ≥30% of income59.2%
Rent ≥50% of income34.2%
  • ACS median gross rent $911 (all bedrooms, occupied rentals).
  • Median contract rent $719.
  • Renters paying ≥30% of income 59.2%; ≥50% 34.2%.
  • FY2027 2BR SAFMR $1,120 (1.229× ACS median gross rent).

Population

40,507 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.9%.

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

Assisted inventory

  • LIHTC: 15 projects, 1,029 units.
  • HUD project-based assisted MF: 6 properties, 428 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 64 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 35401 68.6% of occupied households are renters; vacancy is 31.2%; ACS median gross rent is $911; population increased +8.9% between the 2018 and 2023 ACS vintages; the housing stock includes 2,019 units in 2–4-unit structures and 6,454 units in 5–49-unit structures; 15 LIHTC projects totaling 1,029 units; FY2027 2BR SAFMR is $1,120 versus ACS median gross rent of $911. 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 35401 is a Census / HUD profile for Tuscaloosa, AL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

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 35401?

ZIP 35401 (Tuscaloosa, AL HUD Metro FMR Area) has 40,507 residents, 13,422 households, a renter share of 68.6%, median household income of $30,031, and ACS 2023 median gross rent of $911. Vacancy is 31.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35401?

ACS counts 899 units in 2-unit buildings, 1,120 in 3–4 unit buildings, 1,586 in 5–9, 2,333 in 10–19, and 2,535 in 20–49. Combined 2–49 unit stock is 8,473 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35401?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,120. See the full schedule and 90–110% payment-standard band on the ZIP 35401 — Tuscaloosa, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35401 is Census / HUD research for Tuscaloosa, 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.