Housing market/Alabama/ZIP 35404

ACS 2023 · FY2027 SAFMR

ZIP 35404 Tuscaloosa, Alabama

Tuscaloosa, 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
23,553
Households
8,600
Median HH income
$45,521
Renter share
55.3%
Median gross rent
$986
Vacancy
24.7%
Pop. change
+3.4%
2BR SAFMR
$1,180
SAFMR / rent
1.197×
2–49 unit stock
3,672
LIHTC proj / units
3 / 93
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35404 · AL — sent to you.

ZIP 35404 · AL

ACS median rent$986
2BR SAFMR$1,180
90% floor$1,062
110% ceiling$1,298

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35404

  • 1-unit detached6,21454.4%
  • 1-unit attached1050.9%
  • 2–4 units1,1209.8%
  • 5–49 units2,55222.3%
  • 50+ units7806.8%
  • Mobile6565.7%
TypeUnitsShare
1-unit detached6,21454.4%
1-unit attached1050.9%
2 units (duplex)4303.8%
3–4 units6906.0%
5–9 units5274.6%
10–19 units9108.0%
20–49 units1,1159.8%
50+ units7806.8%
Mobile6565.7%

2–4 unit share 9.8% · 5–49 unit share 22.3% · combined 2–49 32.1%.

Units by bedrooms

Studio
102
1BR
871
2BR
3,013
3BR
5,236
4BR
1,696
5+
509

Rent burden

Rent ≥30% of income55.5%
Rent ≥50% of income31.3%
  • ACS median gross rent $986 (all bedrooms, occupied rentals).
  • Median contract rent $753.
  • Renters paying ≥30% of income 55.5%; ≥50% 31.3%.
  • FY2027 2BR SAFMR $1,180 (1.197× ACS median gross rent).

Population

23,553 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.4%.

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

Assisted inventory

  • LIHTC: 3 projects, 93 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 64 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 35404 55.3% of occupied households are renters; vacancy is 24.7%; ACS median gross rent is $986; population increased +3.4% between the 2018 and 2023 ACS vintages; the housing stock includes 1,120 units in 2–4-unit structures and 2,552 units in 5–49-unit structures; 3 LIHTC projects totaling 93 units; FY2027 2BR SAFMR is $1,180 versus ACS median gross rent of $986. 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 35404 is a Census / HUD profile for Tuscaloosa, 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 35404?

ZIP 35404 (Tuscaloosa, AL HUD Metro FMR Area) has 23,553 residents, 8,600 households, a renter share of 55.3%, median household income of $45,521, and ACS 2023 median gross rent of $986. Vacancy is 24.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35404?

ACS counts 430 units in 2-unit buildings, 690 in 3–4 unit buildings, 527 in 5–9, 910 in 10–19, and 1,115 in 20–49. Combined 2–49 unit stock is 3,672 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35404?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,180. See the full schedule and 90–110% payment-standard band on the ZIP 35404 — Tuscaloosa, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35404 is Census / HUD research for Tuscaloosa, 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.