Housing market/Alabama/ZIP 35016
ZIP 35016 Arab, Marshall County, Alabama
Marshall County, AL · Alabama. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 35016 · AL — sent to you.
ZIP 35016 · AL
ACS rent vs 2BR SAFMR
ZIP 35016 — Arab, 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 35016
- 1-unit detached5,79579.1%
- 1-unit attached470.6%
- 2–4 units3084.2%
- 5–49 units2974.1%
- 50+ units480.7%
- Mobile82711.3%
2–4 unit share 4.2% · 5–49 unit share 4.0% · combined 2–49 8.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $758 (all bedrooms, occupied rentals).
- Median contract rent $527.
- Renters paying ≥30% of income 40.7%; ≥50% 14.4%.
- FY2027 2BR SAFMR $920 (1.214× ACS median gross rent).
Population
17,435 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +8.2%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 4 projects, 186 units.
- HUD project-based assisted MF: 1 properties, 70 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 35016 24.3% of occupied households are renters; vacancy is 9.1%; ACS median gross rent is $758; population increased +8.2% between the 2018 and 2023 ACS vintages; the housing stock includes 308 units in 2–4-unit structures and 297 units in 5–49-unit structures; 4 LIHTC projects totaling 186 units; FY2027 2BR SAFMR is $920 versus ACS median gross rent of $758. 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 35016 is a Census / HUD profile for Marshall County, AL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 35016 — Arab, 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 35016?
ZIP 35016 (Marshall County, AL) has 17,435 residents, 6,701 households, a renter share of 24.3%, median household income of $60,910, and ACS 2023 median gross rent of $758. Vacancy is 9.1%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 35016?
ACS counts 152 units in 2-unit buildings, 156 in 3–4 unit buildings, 221 in 5–9, 55 in 10–19, and 21 in 20–49. Combined 2–49 unit stock is 605 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 35016?
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 35016 — Arab, AL HUD Section 8 Payment Standards / SAFMR.
Does this Alabama ZIP profile include Georgia listings?
No. ZIP 35016 is Census / HUD research for Marshall 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.