Housing market/Alabama/ZIP 35960

ACS 2023 · FY2027 SAFMR

ZIP 35960 Centre, Cherokee County, Alabama

Cherokee 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
9,044
Households
4,026
Median HH income
$47,868
Renter share
25.3%
Median gross rent
$741
Vacancy
28.2%
Pop. change
-6.5%
2BR SAFMR
$970
SAFMR / rent
1.309×
2–49 unit stock
395
LIHTC proj / units
4 / 163
HUD assisted MF
1 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35960 · AL — sent to you.

ZIP 35960 · AL

ACS median rent$741
2BR SAFMR$970
90% floor$873
110% ceiling$1,067

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35960

  • 1-unit detached4,21776.1%
  • 1-unit attached400.7%
  • 2–4 units2374.3%
  • 5–49 units1582.9%
  • 50+ units210.4%
  • Mobile86915.7%
TypeUnitsShare
1-unit detached4,21775.2%
1-unit attached400.7%
2 units (duplex)1853.3%
3–4 units520.9%
5–9 units651.2%
10–19 units571.0%
20–49 units360.6%
50+ units210.4%
Mobile86915.5%

2–4 unit share 4.2% · 5–49 unit share 2.8% · combined 2–49 7.0%.

Units by bedrooms

Studio
87
1BR
630
2BR
1,403
3BR
2,693
4BR
623
5+
171

Rent burden

Rent ≥30% of income26.8%
Rent ≥50% of income2.1%
  • ACS median gross rent $741 (all bedrooms, occupied rentals).
  • Median contract rent $495.
  • Renters paying ≥30% of income 26.8%; ≥50% 2.1%.
  • FY2027 2BR SAFMR $970 (1.309× ACS median gross rent).

Population

9,044 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -6.5%.

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

Assisted inventory

  • LIHTC: 4 projects, 163 units.
  • HUD project-based assisted MF: 1 properties, 50 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 35960 25.3% of occupied households are renters; vacancy is 28.2%; ACS median gross rent is $741; population changed -6.5% between the 2018 and 2023 ACS vintages; the housing stock includes 237 units in 2–4-unit structures and 158 units in 5–49-unit structures; 4 LIHTC projects totaling 163 units; FY2027 2BR SAFMR is $970 versus ACS median gross rent of $741. 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 35960 is a Census / HUD profile for Cherokee 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 35960?

ZIP 35960 (Cherokee County, AL) has 9,044 residents, 4,026 households, a renter share of 25.3%, median household income of $47,868, and ACS 2023 median gross rent of $741. Vacancy is 28.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35960?

ACS counts 185 units in 2-unit buildings, 52 in 3–4 unit buildings, 65 in 5–9, 57 in 10–19, and 36 in 20–49. Combined 2–49 unit stock is 395 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35960?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $970. See the full schedule and 90–110% payment-standard band on the ZIP 35960 — Centre, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35960 is Census / HUD research for Cherokee 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.