Housing market/Alabama/ZIP 36703
ZIP 36703 Selma, Dallas County, Alabama
Dallas County, AL · Alabama. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
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HUD schedule, ACS stock, and the 90–110% band for ZIP 36703 · AL — sent to you.
ZIP 36703 · AL
ACS rent vs 2BR SAFMR
ZIP 36703 — Selma, AL HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 36703
- 1-unit detached3,24757.4%
- 1-unit attached861.5%
- 2–4 units1,12719.9%
- 5–49 units3155.6%
- 50+ units330.6%
- Mobile85315.1%
2–4 unit share 19.9% · 5–49 unit share 5.6% · combined 2–49 25.5%.
Units by bedrooms
Rent burden
- ACS median gross rent $711 (all bedrooms, occupied rentals).
- Median contract rent $457.
- Renters paying ≥30% of income 47.4%; ≥50% 32.8%.
- FY2027 2BR SAFMR $920 (1.294× ACS median gross rent).
Population
9,489 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -29.7%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 7 projects, 371 units.
- HUD project-based assisted MF: 2 properties, 128 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 36703 45.6% of occupied households are renters; vacancy is 20.4%; ACS median gross rent is $711; population changed -29.7% between the 2018 and 2023 ACS vintages; the housing stock includes 1,127 units in 2–4-unit structures and 315 units in 5–49-unit structures; 7 LIHTC projects totaling 371 units; FY2027 2BR SAFMR is $920 versus ACS median gross rent of $711. 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 36703 is a Census / HUD profile for Dallas County, AL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 36703 — Selma, AL HUD Section 8 Payment Standards / SAFMR·Alabama ZIP directory
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 36703?
ZIP 36703 (Dallas County, AL) has 9,489 residents, 4,507 households, a renter share of 45.6%, median household income of $30,096, and ACS 2023 median gross rent of $711. Vacancy is 20.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 36703?
ACS counts 508 units in 2-unit buildings, 619 in 3–4 unit buildings, 202 in 5–9, 18 in 10–19, and 95 in 20–49. Combined 2–49 unit stock is 1,442 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 36703?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $920. See the full schedule and 90–110% payment-standard band on the ZIP 36703 — Selma, AL HUD Section 8 Payment Standards / SAFMR.
Does this Alabama ZIP profile include Georgia listings?
No. ZIP 36703 is Census / HUD research for Dallas 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.