Housing market/Alabama/ZIP 35601

ACS 2023 · FY2027 SAFMR

ZIP 35601 Decatur, Alabama

Decatur, AL MSA · Alabama. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
36,008
Households
13,867
Median HH income
$50,216
Renter share
42.1%
Median gross rent
$860
Vacancy
8.6%
Pop. change
+10.2%
2BR SAFMR
$1,060
SAFMR / rent
1.233×
2–49 unit stock
2,886
LIHTC proj / units
1 / 98
HUD assisted MF
3 / 34

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35601 · AL — sent to you.

ZIP 35601 · AL

ACS median rent$860
2BR SAFMR$1,060
90% floor$954
110% ceiling$1,166

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35601

  • 1-unit detached10,74170.8%
  • 1-unit attached9436.2%
  • 2–4 units1,0246.8%
  • 5–49 units1,86212.3%
  • 50+ units2541.7%
  • Mobile3442.3%
TypeUnitsShare
1-unit detached10,74170.8%
1-unit attached9436.2%
2 units (duplex)4332.9%
3–4 units5913.9%
5–9 units1,0617.0%
10–19 units4202.8%
20–49 units3812.5%
50+ units2541.7%
Mobile3442.3%

2–4 unit share 6.8% · 5–49 unit share 12.3% · combined 2–49 19.0%.

Units by bedrooms

Studio
242
1BR
1,180
2BR
4,185
3BR
7,316
4BR
2,012
5+
233

Rent burden

Rent ≥30% of income41.7%
Rent ≥50% of income21.0%
  • ACS median gross rent $860 (all bedrooms, occupied rentals).
  • Median contract rent $629.
  • Renters paying ≥30% of income 41.7%; ≥50% 21.0%.
  • FY2027 2BR SAFMR $1,060 (1.233× ACS median gross rent).

Population

36,008 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.2%.

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

Assisted inventory

  • LIHTC: 1 projects, 98 units.
  • HUD project-based assisted MF: 3 properties, 34 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 135 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 35601 42.1% of occupied households are renters; vacancy is 8.6%; ACS median gross rent is $860; population increased +10.2% between the 2018 and 2023 ACS vintages; the housing stock includes 1,024 units in 2–4-unit structures and 1,862 units in 5–49-unit structures; 1 LIHTC projects totaling 98 units; FY2027 2BR SAFMR is $1,060 versus ACS median gross rent of $860. 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 35601 is a Census / HUD profile for Decatur, 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 35601?

ZIP 35601 (Decatur, AL MSA) has 36,008 residents, 13,867 households, a renter share of 42.1%, median household income of $50,216, and ACS 2023 median gross rent of $860. Vacancy is 8.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35601?

ACS counts 433 units in 2-unit buildings, 591 in 3–4 unit buildings, 1,061 in 5–9, 420 in 10–19, and 381 in 20–49. Combined 2–49 unit stock is 2,886 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35601?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,060. See the full schedule and 90–110% payment-standard band on the ZIP 35601 — Decatur, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35601 is Census / HUD research for Decatur, AL MSA. 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.