Housing market/Alabama/ZIP 35579

ACS 2023 · FY2027 SAFMR

ZIP 35579 Oakman, Fayette County, Alabama

Fayette County, AL · Alabama. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,321
Households
1,292
Median HH income
$46,400
Renter share
17.7%
Median gross rent
$593
Vacancy
15.3%
Pop. change
-5.5%
2BR SAFMR
$1,060
SAFMR / rent
1.788×
2–49 unit stock
68
LIHTC proj / units
1 / 42
HUD assisted MF
1 / 20

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35579 · AL — sent to you.

ZIP 35579 · AL

ACS median rent$593
2BR SAFMR$1,060
90% floor$954
110% ceiling$1,166

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35579

  • 1-unit detached99165.5%
  • 1-unit attached211.4%
  • 2–4 units432.8%
  • 5–49 units251.7%
  • Mobile43428.7%
TypeUnitsShare
1-unit detached99165.0%
1-unit attached211.4%
2 units (duplex)181.2%
3–4 units251.6%
5–9 units251.6%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile43428.5%

2–4 unit share 2.8% · 5–49 unit share 1.6% · combined 2–49 4.5%.

Units by bedrooms

Studio
1
1BR
28
2BR
523
3BR
718
4BR
173
5+
82

Rent burden

Rent ≥30% of income17.5%
Rent ≥50% of income5.2%
  • ACS median gross rent $593 (all bedrooms, occupied rentals).
  • Median contract rent $428.
  • Renters paying ≥30% of income 17.5%; ≥50% 5.2%.
  • FY2027 2BR SAFMR $1,060 (1.788× ACS median gross rent).

Population

3,321 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.5%.

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

Assisted inventory

  • LIHTC: 1 projects, 42 units.
  • HUD project-based assisted MF: 1 properties, 20 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 39 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 35579 17.7% of occupied households are renters; vacancy is 15.3%; ACS median gross rent is $593; population changed -5.5% between the 2018 and 2023 ACS vintages; the housing stock includes 43 units in 2–4-unit structures and 25 units in 5–49-unit structures; 1 LIHTC projects totaling 42 units; FY2027 2BR SAFMR is $1,060 versus ACS median gross rent of $593. 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 35579 is a Census / HUD profile for Fayette County, 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 35579?

ZIP 35579 (Fayette County, AL) has 3,321 residents, 1,292 households, a renter share of 17.7%, median household income of $46,400, and ACS 2023 median gross rent of $593. Vacancy is 15.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35579?

ACS counts 18 units in 2-unit buildings, 25 in 3–4 unit buildings, 25 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 68 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35579?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,060. See the full schedule and 90–110% payment-standard band on the ZIP 35579 — Oakman, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35579 is Census / HUD research for Fayette County, AL. 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.