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Jefferson County/Birmingham/35211

35211

ZIPSAFMR
Jefferson County, AL
Zillow

ZIP Investment Score

147High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,050$960
1 BR$1,130$960
2 BR$1,230$1,030
3 BR$1,540$1,410
4 BR$1,740$1,570
5 BR$2,001Not available
6 BR$2,301Not available
7 BR$2,646Not available
8 BR$3,043Not available

Purchase Price Calculator

Maximum purchase price
$91,141

Cost breakdown

+Likely effective rent$1,030
HUD FMR$1,230
Market rentUsed$1,030
Est. payment standard (90%)$1,110
-Principal and interest-$461
Loan amount$72,913
Down payment$18,228
Rate6.50%
Term30 years
-Operating costs-$369
Property taxes-$91
Insurance-$175
Utilities$0
HOA$0
Management-$103
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$16,820(92.3% ROI)
Projected value
$98,149
Return breakdown
Property appreciation+$7,008
Loan principal paid down+$2,612
Rental cash flow+$7,200
5-year hold
+$28,635(157.1% ROI)
Projected value
$103,118
Return breakdown
Property appreciation+$11,977
Loan principal paid down+$4,658
Rental cash flow+$12,000
10-year hold
+$60,627(332.6% ROI)
Projected value
$116,668
Return breakdown
Property appreciation+$25,527
Loan principal paid down+$11,100
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.09
1 BR
1.18
2 BR
1.19
3 BR
1.09
4 BR
1.11
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 35211 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 35211 (Birmingham, AL) is $1,230 a month. That is up 7.0% from $1,150 in FY 2026. Birmingham 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, 35211 is tied for the 56th-highest two-bedroom rent (county range $920–$2,060). The median county two-bedroom FMR in Alabama is $975, so ZIP 35211 is 26% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 35211
BedroomsFY 2027Change90–110% range
Studio$1,050+12.9%$945–$1,155
1BR$1,130+7.6%$1,017–$1,243
2BR$1,230+7.0%$1,107–$1,353
3BR$1,540+6.9%$1,386–$1,694
4BR$1,740+6.1%$1,566–$1,914

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 35211
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,050$1,130$1,230$1,540$1,740
FY 2026$930$1,050$1,150$1,440$1,640
FY 2025$890$1,000$1,130$1,420$1,580
FY 2024$830$940$1,050$1,320$1,480
FY 2023$730$800$910$1,170$1,260

Two-bedroom rent in nearby Jefferson County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 35211
35205$1,460+18.7%
35206$1,190−3.3%
35207$1,020−17.1%
35208$1,170−4.9%
35209$1,690+37.4%
35210$1,340+8.9%
35211Current$1,230—
35212$1,040−15.4%
35213$2,060+67.5%
35214$1,210−1.6%
35215$1,400+13.8%
35216$1,700+38.2%

Questions about ZIP 35211 rents

How much will Section 8 pay for a two-bedroom in ZIP 35211?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,230, that basic range is $1,107 to $1,353 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 35211 in?

ZIP 35211 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 35211 for FY 2027?

The two-bedroom FMR rose 7.0%, from $1,150 in FY 2026 to $1,230 in FY 2027. Since FY 2023 it has risen 35.2%.

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