Housing market/Alabama/ZIP 36701

ACS 2023 · FY2027 SAFMR

ZIP 36701 Selma, Perry County, Alabama

Perry 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
22,358
Households
8,732
Median HH income
$40,466
Renter share
38.7%
Median gross rent
$823
Vacancy
16.0%
Pop. change
+5.0%
2BR SAFMR
$980
SAFMR / rent
1.191×
2–49 unit stock
2,338
LIHTC proj / units
7 / 356
HUD assisted MF
4 / 201

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 36701 · AL — sent to you.

ZIP 36701 · AL

ACS median rent$823
2BR SAFMR$980
90% floor$882
110% ceiling$1,078

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

Housing stock

ACS 2023 units-in-structure · ZCTA 36701

  • 1-unit detached6,59863.5%
  • 1-unit attached1161.1%
  • 2–4 units1,83217.6%
  • 5–49 units5064.9%
  • 50+ units570.5%
  • Mobile1,27512.3%
TypeUnitsShare
1-unit detached6,59863.5%
1-unit attached1161.1%
2 units (duplex)8077.8%
3–4 units1,0259.9%
5–9 units4003.8%
10–19 units300.3%
20–49 units760.7%
50+ units570.5%
Mobile1,27512.3%

2–4 unit share 17.6% · 5–49 unit share 4.9% · combined 2–49 22.5%.

Units by bedrooms

Studio
382
1BR
518
2BR
2,518
3BR
5,360
4BR
1,370
5+
242

Rent burden

Rent ≥30% of income55.2%
Rent ≥50% of income25.7%
  • ACS median gross rent $823 (all bedrooms, occupied rentals).
  • Median contract rent $488.
  • Renters paying ≥30% of income 55.2%; ≥50% 25.7%.
  • FY2027 2BR SAFMR $980 (1.191× ACS median gross rent).

Population

22,358 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.0%.

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

Assisted inventory

  • LIHTC: 7 projects, 356 units.
  • HUD project-based assisted MF: 4 properties, 201 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 36701 38.7% of occupied households are renters; vacancy is 16.0%; ACS median gross rent is $823; population increased +5.0% between the 2018 and 2023 ACS vintages; the housing stock includes 1,832 units in 2–4-unit structures and 506 units in 5–49-unit structures; 7 LIHTC projects totaling 356 units; FY2027 2BR SAFMR is $980 versus ACS median gross rent of $823. 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 36701 is a Census / HUD profile for Perry 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 36701?

ZIP 36701 (Perry County, AL) has 22,358 residents, 8,732 households, a renter share of 38.7%, median household income of $40,466, and ACS 2023 median gross rent of $823. Vacancy is 16.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 36701?

ACS counts 807 units in 2-unit buildings, 1,025 in 3–4 unit buildings, 400 in 5–9, 30 in 10–19, and 76 in 20–49. Combined 2–49 unit stock is 2,338 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 36701?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $980. See the full schedule and 90–110% payment-standard band on the ZIP 36701 — Selma, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 36701 is Census / HUD research for Perry 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.