Housing market/Alabama/ZIP 35761

ACS 2023 · FY2027 SAFMR

ZIP 35761 New Market, Alabama

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

Population
14,124
Households
5,195
Median HH income
$82,321
Renter share
16.8%
Median gross rent
$975
Vacancy
5.9%
Pop. change
+12.4%
2BR SAFMR
$1,220
SAFMR / rent
1.251×
2–49 unit stock
25
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35761 · AL — sent to you.

ZIP 35761 · AL

ACS median rent$975
2BR SAFMR$1,220
90% floor$1,098
110% ceiling$1,342

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35761

  • 1-unit detached4,49681.4%
  • 1-unit attached450.8%
  • 2–4 units250.5%
  • Mobile95617.3%
TypeUnitsShare
1-unit detached4,49681.4%
1-unit attached450.8%
2 units (duplex)250.5%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile95617.3%

2–4 unit share 0.5% · 5–49 unit share 0.0% · combined 2–49 0.5%.

Units by bedrooms

Studio
19
1BR
160
2BR
759
3BR
3,443
4BR
981
5+
160

Rent burden

Rent ≥30% of income44.6%
Rent ≥50% of income17.6%
  • ACS median gross rent $975 (all bedrooms, occupied rentals).
  • Median contract rent $791.
  • Renters paying ≥30% of income 44.6%; ≥50% 17.6%.
  • FY2027 2BR SAFMR $1,220 (1.251× ACS median gross rent).

Population

14,124 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +12.4%.

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 1,126 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 35761 16.8% of occupied households are renters; vacancy is 5.9%; ACS median gross rent is $975; population increased +12.4% between the 2018 and 2023 ACS vintages; the housing stock includes 25 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,220 versus ACS median gross rent of $975. 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 35761 is a Census / HUD profile for Huntsville, 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 35761?

ZIP 35761 (Huntsville, AL MSA) has 14,124 residents, 5,195 households, a renter share of 16.8%, median household income of $82,321, and ACS 2023 median gross rent of $975. Vacancy is 5.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35761?

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

What is the Section 8 rent in 35761?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,220. See the full schedule and 90–110% payment-standard band on the ZIP 35761 — New Market, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35761 is Census / HUD research for Huntsville, AL MSA. 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.