Housing market/Alabama/ZIP 35630

ACS 2023 · FY2027 SAFMR

ZIP 35630 Florence, Alabama

Florence-Muscle Shoals, 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
33,697
Households
14,739
Median HH income
$44,168
Renter share
56.3%
Median gross rent
$783
Vacancy
15.2%
Pop. change
+1.6%
2BR SAFMR
$1,130
SAFMR / rent
1.443×
2–49 unit stock
6,389
LIHTC proj / units
6 / 268
HUD assisted MF
16 / 1,266

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 35630 · AL — sent to you.

ZIP 35630 · AL

ACS median rent$783
2BR SAFMR$1,130
90% floor$1,017
110% ceiling$1,243

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

Housing stock

ACS 2023 units-in-structure · ZCTA 35630

  • 1-unit detached9,74856.2%
  • 1-unit attached2341.3%
  • 2–4 units2,21612.8%
  • 5–49 units4,17324.0%
  • 50+ units7994.6%
  • Mobile1891.1%
TypeUnitsShare
1-unit detached9,74856.1%
1-unit attached2341.3%
2 units (duplex)7704.4%
3–4 units1,4468.3%
5–9 units2,11812.2%
10–19 units1,3818.0%
20–49 units6743.9%
50+ units7994.6%
Mobile1891.1%

2–4 unit share 12.8% · 5–49 unit share 24.0% · combined 2–49 36.8%.

Units by bedrooms

Studio
449
1BR
2,619
2BR
6,112
3BR
6,106
4BR
1,666
5+
419

Rent burden

Rent ≥30% of income36.6%
Rent ≥50% of income19.5%
  • ACS median gross rent $783 (all bedrooms, occupied rentals).
  • Median contract rent $576.
  • Renters paying ≥30% of income 36.6%; ≥50% 19.5%.
  • FY2027 2BR SAFMR $1,130 (1.443× ACS median gross rent).

Population

33,697 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.6%.

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

Assisted inventory

  • LIHTC: 6 projects, 268 units.
  • HUD project-based assisted MF: 16 properties, 1,266 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 105 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 35630 56.3% of occupied households are renters; vacancy is 15.2%; ACS median gross rent is $783; population increased +1.6% between the 2018 and 2023 ACS vintages; the housing stock includes 2,216 units in 2–4-unit structures and 4,173 units in 5–49-unit structures; 6 LIHTC projects totaling 268 units; FY2027 2BR SAFMR is $1,130 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 35630 is a Census / HUD profile for Florence-Muscle Shoals, 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 35630?

ZIP 35630 (Florence-Muscle Shoals, AL MSA) has 33,697 residents, 14,739 households, a renter share of 56.3%, median household income of $44,168, and ACS 2023 median gross rent of $783. Vacancy is 15.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 35630?

ACS counts 770 units in 2-unit buildings, 1,446 in 3–4 unit buildings, 2,118 in 5–9, 1,381 in 10–19, and 674 in 20–49. Combined 2–49 unit stock is 6,389 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 35630?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,130. See the full schedule and 90–110% payment-standard band on the ZIP 35630 — Florence, AL HUD Section 8 Payment Standards / SAFMR.

Does this Alabama ZIP profile include Georgia listings?

No. ZIP 35630 is Census / HUD research for Florence-Muscle Shoals, 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.