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Jefferson County/Trafford/35172

35172

ZIPSAFMR
Jefferson County, AL
Zillow

ZIP Investment Score

111Above average

095130300
BRFMR
Eff. Rent
0 BR$830$910
1 BR$890$980
2 BR$970$1,070
3 BR$1,220$1,320
4 BR$1,370$1,510
5 BR$1,575Not available
6 BR$1,812Not available
7 BR$2,084Not available
8 BR$2,396Not available

Purchase Price Calculator

Maximum purchase price
$97,085

Cost breakdown

+Likely effective rent$1,070
HUD FMR$970
Market rent$1,340
Est. payment standard (110%)Used$1,070
-Principal and interest-$491
Loan amount$77,668
Down payment$19,417
Rate6.50%
Term30 years
-Operating costs-$379
Property taxes-$97
Insurance-$175
Utilities$0
HOA$0
Management-$107
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$17,448(89.9% ROI)
Projected value
$104,550
Return breakdown
Property appreciation+$7,465
Loan principal paid down+$2,783
Rental cash flow+$7,200
5-year hold
+$29,720(153.1% ROI)
Projected value
$109,843
Return breakdown
Property appreciation+$12,758
Loan principal paid down+$4,962
Rental cash flow+$12,000
10-year hold
+$63,016(324.5% ROI)
Projected value
$124,277
Return breakdown
Property appreciation+$27,192
Loan principal paid down+$11,824
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.67
1 BR
0.68
2 BR
0.72
3 BR
0.89
4 BR
0.77
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 35172 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 35172 (Trafford, AL) is $970 a month. That is down 4.9% from $1,020 in FY 2026. Trafford is in the Birmingham-Hoover, AL HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. Among 108 ZIP codes in Jefferson County, 35172 is tied for the 92nd-highest two-bedroom rent (county range $920–$2,060).

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 35172
BedroomsFY 2027Change90–110% range
Studio$830+2.5%$747–$913
1BR$890−1.1%$801–$979
2BR$970−4.9%$873–$1,067
3BR$1,220−4.7%$1,098–$1,342
4BR$1,370−4.2%$1,233–$1,507

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 35172
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$830$890$970$1,220$1,370
FY 2026$810$900$1,020$1,280$1,430
FY 2025$890$1,000$1,130$1,420$1,580
FY 2024$780$860$970$1,240$1,350
FY 2023$690$740$850$1,100$1,190

Two-bedroom rent in nearby Jefferson County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 35172
35150$960−1.0%
35151$1,220+25.8%
35160$950−2.1%
35172Current$970—
35173$1,480+52.6%
35175$1,050+8.2%
35178$1,050+8.2%
35179$920−5.2%
35180$1,040+7.2%
35181$1,350+39.2%
35186$1,420+46.4%
35188$1,120+15.5%

Questions about ZIP 35172 rents

How much will Section 8 pay for a two-bedroom in ZIP 35172?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $970, that basic range is $873 to $1,067 a month. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.

Which HUD fair market rent area is ZIP 35172 in?

ZIP 35172 is in the Birmingham-Hoover, AL HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in ZIP 35172 for FY 2027?

The two-bedroom FMR fell 4.9%, from $1,020 in FY 2026 to $970 in FY 2027. Since FY 2023 it has risen 14.1%.

When do FY 2027 fair market rents take effect?

HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.

Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set

County fair market rentTrafford, AL fair market rentAL statewide rentsWhat is SAFMR?Data sources