Housing market/Alabama/ZIP 35020
ZIP 35020 Bessemer, Alabama
Birmingham-Hoover, AL HUD Metro FMR Area · 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 35020 · AL — sent to you.
ZIP 35020 · AL
ACS rent vs 2BR SAFMR
ZIP 35020 — Bessemer, 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 35020
- 1-unit detached9,41676.4%
- 1-unit attached2522.0%
- 2–4 units1,29610.5%
- 5–49 units5404.4%
- 50+ units2291.9%
- Mobile5944.8%
2–4 unit share 10.5% · 5–49 unit share 4.4% · combined 2–49 14.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $856 (all bedrooms, occupied rentals).
- Median contract rent $564.
- Renters paying ≥30% of income 47.9%; ≥50% 24.3%.
- FY2027 2BR SAFMR $1,120 (1.308× ACS median gross rent).
Population
25,308 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -3.9%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 2 projects, 70 units.
- HUD project-based assisted MF: 7 properties, 594 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 776 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 35020 43.8% of occupied households are renters; vacancy is 18.3%; ACS median gross rent is $856; population changed -3.9% between the 2018 and 2023 ACS vintages; the housing stock includes 1,296 units in 2–4-unit structures and 540 units in 5–49-unit structures; 2 LIHTC projects totaling 70 units; FY2027 2BR SAFMR is $1,120 versus ACS median gross rent of $856. 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 35020 is a Census / HUD profile for Birmingham-Hoover, AL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 35020 — Bessemer, 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 35020?
ZIP 35020 (Birmingham-Hoover, AL HUD Metro FMR Area) has 25,308 residents, 10,076 households, a renter share of 43.8%, median household income of $33,247, and ACS 2023 median gross rent of $856. Vacancy is 18.3%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 35020?
ACS counts 743 units in 2-unit buildings, 553 in 3–4 unit buildings, 190 in 5–9, 194 in 10–19, and 156 in 20–49. Combined 2–49 unit stock is 1,836 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 35020?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,120. See the full schedule and 90–110% payment-standard band on the ZIP 35020 — Bessemer, AL HUD Section 8 Payment Standards / SAFMR.
Does this Alabama ZIP profile include Georgia listings?
No. ZIP 35020 is Census / HUD research for Birmingham-Hoover, AL HUD Metro FMR Area. 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.