Housing market/Alabama/ZIP 35674

ACS 2023 · FY2027 SAFMR

ZIP 35674 Tuscumbia, Franklin County, Alabama

Franklin 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
20,475
Households
8,034
Median HH income
$56,960
Renter share
29.1%
Median gross rent
$768
Vacancy
10.2%
Pop. change
+9.6%
2BR SAFMR
$1,030
SAFMR / rent
1.341×
2–49 unit stock
1,504
LIHTC proj / units
5 / 321
HUD assisted MF
3 / 178

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35674 · AL — sent to you.

ZIP 35674 · AL

ACS median rent$768
2BR SAFMR$1,030
90% floor$927
110% ceiling$1,133

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35674

  • 1-unit detached6,74575.5%
  • 1-unit attached710.8%
  • 2–4 units8539.5%
  • 5–49 units6517.3%
  • 50+ units490.5%
  • Mobile5646.3%
TypeUnitsShare
1-unit detached6,74575.4%
1-unit attached710.8%
2 units (duplex)3263.6%
3–4 units5275.9%
5–9 units4655.2%
10–19 units1281.4%
20–49 units580.6%
50+ units490.5%
Mobile5646.3%

2–4 unit share 9.5% · 5–49 unit share 7.3% · combined 2–49 16.8%.

Units by bedrooms

Studio
230
1BR
550
2BR
2,039
3BR
4,344
4BR
1,402
5+
380

Rent burden

Rent ≥30% of income45.5%
Rent ≥50% of income17.7%
  • ACS median gross rent $768 (all bedrooms, occupied rentals).
  • Median contract rent $509.
  • Renters paying ≥30% of income 45.5%; ≥50% 17.7%.
  • FY2027 2BR SAFMR $1,030 (1.341× ACS median gross rent).

Population

20,475 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +9.6%.

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

Assisted inventory

  • LIHTC: 5 projects, 321 units.
  • HUD project-based assisted MF: 3 properties, 178 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 35674 29.1% of occupied households are renters; vacancy is 10.2%; ACS median gross rent is $768; population increased +9.6% between the 2018 and 2023 ACS vintages; the housing stock includes 853 units in 2–4-unit structures and 651 units in 5–49-unit structures; 5 LIHTC projects totaling 321 units; FY2027 2BR SAFMR is $1,030 versus ACS median gross rent of $768. 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 35674 is a Census / HUD profile for Franklin 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 35674?

ZIP 35674 (Franklin County, AL) has 20,475 residents, 8,034 households, a renter share of 29.1%, median household income of $56,960, and ACS 2023 median gross rent of $768. Vacancy is 10.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35674?

ACS counts 326 units in 2-unit buildings, 527 in 3–4 unit buildings, 465 in 5–9, 128 in 10–19, and 58 in 20–49. Combined 2–49 unit stock is 1,504 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35674?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,030. See the full schedule and 90–110% payment-standard band on the ZIP 35674 — Tuscumbia, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35674 is Census / HUD research for Franklin 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.