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Housing market/Alabama/ZIP 35234

ACS 2023 · FY2027 SAFMR

ZIP 35234 Birmingham, 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.

Population
3,828
Households
1,725
Median HH income
$23,804
Renter share
47.9%
Median gross rent
$783
Vacancy
33.4%
Pop. change
-29.8%
2BR SAFMR
$940
SAFMR / rent
1.201×
2–49 unit stock
958
LIHTC proj / units
1 / 10
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35234 · AL — sent to you.

ZIP 35234 · AL

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ACS rent vs 2BR SAFMR

ZIP 35234 — Birmingham, AL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$783
2BR SAFMR$940
90% floor$846
110% ceiling$1,034

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35234

  • 1-unit detached1,52458.9%
  • 1-unit attached100.4%
  • 2–4 units2469.5%
  • 5–49 units71227.5%
  • 50+ units501.9%
  • Mobile461.8%
TypeUnitsShare
1-unit detached1,52458.9%
1-unit attached100.4%
2 units (duplex)130.5%
3–4 units2339.0%
5–9 units2559.9%
10–19 units29711.5%
20–49 units1606.2%
50+ units501.9%
Mobile461.8%

2–4 unit share 9.5% · 5–49 unit share 27.5% · combined 2–49 37.0%.

Units by bedrooms

Studio
36
1BR
174
2BR
866
3BR
912
4BR
366
5+
234

Rent burden

Rent ≥30% of income57.1%
Rent ≥50% of income28.4%
  • ACS median gross rent $783 (all bedrooms, occupied rentals).
  • Median contract rent $504.
  • Renters paying ≥30% of income 57.1%; ≥50% 28.4%.
  • FY2027 2BR SAFMR $940 (1.201× ACS median gross rent).

Population

3,828 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -29.8%.

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

Assisted inventory

  • LIHTC: 1 projects, 10 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • 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 35234 47.9% of occupied households are renters; vacancy is 33.4%; ACS median gross rent is $783; population changed -29.8% between the 2018 and 2023 ACS vintages; the housing stock includes 246 units in 2–4-unit structures and 712 units in 5–49-unit structures; 1 LIHTC projects totaling 10 units; FY2027 2BR SAFMR is $940 versus ACS median gross rent of $783. 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 35234 is a Census / HUD profile for Birmingham-Hoover, AL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 35234 — Birmingham, AL HUD Section 8 Payment Standards / SAFMR·Alabama ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
35004Birmingham-Hoover, AL HUD Metro FMR Area24.0%$1,555$1,74035005Birmingham-Hoover, AL HUD Metro FMR Area11.1%$1,074$1,32035007Birmingham-Hoover, AL HUD Metro FMR Area16.1%$1,348$1,54035013Birmingham-Hoover, AL HUD Metro FMR Area85.0%—$92035020Birmingham-Hoover, AL HUD Metro FMR Area43.8%$856$1,12035021Birmingham-Hoover, AL HUD Metro FMR Area——$1,37035022Birmingham-Hoover, AL HUD Metro FMR Area19.3%$991$1,21035023Birmingham-Hoover, AL HUD Metro FMR Area19.4%$1,216$1,42035036Birmingham-Hoover, AL HUD Metro FMR Area87.0%—$1,25035043Birmingham-Hoover, AL HUD Metro FMR Area9.3%$1,279$1,58035048Birmingham-Hoover, AL HUD Metro FMR Area——$1,37035049Birmingham-Hoover, AL HUD Metro FMR Area26.9%$928$1,040

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 35234?

ZIP 35234 (Birmingham-Hoover, AL HUD Metro FMR Area) has 3,828 residents, 1,725 households, a renter share of 47.9%, median household income of $23,804, and ACS 2023 median gross rent of $783. Vacancy is 33.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35234?

ACS counts 13 units in 2-unit buildings, 233 in 3–4 unit buildings, 255 in 5–9, 297 in 10–19, and 160 in 20–49. Combined 2–49 unit stock is 958 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35234?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $940. See the full schedule and 90–110% payment-standard band on the ZIP 35234 — Birmingham, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35234 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.