Housing market/Alabama/ZIP 35405

ACS 2023 · FY2027 SAFMR

ZIP 35405 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
48,564
Households
19,889
Median HH income
$61,371
Renter share
44.7%
Median gross rent
$1,057
Vacancy
10.7%
Pop. change
+6.8%
2BR SAFMR
$1,280
SAFMR / rent
1.211×
2–49 unit stock
7,541
LIHTC proj / units
8 / 656
HUD assisted MF
6 / 388

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35405 · AL — sent to you.

ZIP 35405 · AL

ACS median rent$1,057
2BR SAFMR$1,280
90% floor$1,152
110% ceiling$1,408

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35405

  • 1-unit detached13,04458.6%
  • 1-unit attached3781.7%
  • 2–4 units1,7267.8%
  • 5–49 units5,81526.1%
  • 50+ units6442.9%
  • Mobile6412.9%
TypeUnitsShare
1-unit detached13,04458.6%
1-unit attached3781.7%
2 units (duplex)3811.7%
3–4 units1,3456.0%
5–9 units2,1759.8%
10–19 units2,50011.2%
20–49 units1,1405.1%
50+ units6442.9%
Mobile6412.9%

2–4 unit share 7.8% · 5–49 unit share 26.1% · combined 2–49 33.9%.

Units by bedrooms

Studio
200
1BR
2,376
2BR
5,629
3BR
9,165
4BR
4,412
5+
478

Rent burden

Rent ≥30% of income45.0%
Rent ≥50% of income22.4%
  • ACS median gross rent $1,057 (all bedrooms, occupied rentals).
  • Median contract rent $843.
  • Renters paying ≥30% of income 45.0%; ≥50% 22.4%.
  • FY2027 2BR SAFMR $1,280 (1.211× ACS median gross rent).

Population

48,564 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.8%.

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

Assisted inventory

  • LIHTC: 8 projects, 656 units.
  • HUD project-based assisted MF: 6 properties, 388 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 35405 44.7% of occupied households are renters; vacancy is 10.7%; ACS median gross rent is $1,057; population increased +6.8% between the 2018 and 2023 ACS vintages; the housing stock includes 1,726 units in 2–4-unit structures and 5,815 units in 5–49-unit structures; 8 LIHTC projects totaling 656 units; FY2027 2BR SAFMR is $1,280 versus ACS median gross rent of $1,057. 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 35405 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 35405?

ZIP 35405 (Tuscaloosa, AL HUD Metro FMR Area) has 48,564 residents, 19,889 households, a renter share of 44.7%, median household income of $61,371, and ACS 2023 median gross rent of $1,057. Vacancy is 10.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35405?

ACS counts 381 units in 2-unit buildings, 1,345 in 3–4 unit buildings, 2,175 in 5–9, 2,500 in 10–19, and 1,140 in 20–49. Combined 2–49 unit stock is 7,541 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35405?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,280. See the full schedule and 90–110% payment-standard band on the ZIP 35405 — Tuscaloosa, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35405 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.