Skip to main content
Loading page
Tuscaloosa County/Tuscaloosa/35401

35401

ZIPSAFMR
Tuscaloosa County, AL
Zillow

ZIP Investment Score

120Above average

095130300
BRFMR
Eff. Rent
0 BR$930$980
1 BR$940$970
2 BR$1,120$1,170
3 BR$1,410$1,520
4 BR$1,470$1,540
5 BR$1,690Not available
6 BR$1,944Not available
7 BR$2,236Not available
8 BR$2,571Not available

Purchase Price Calculator

Maximum purchase price
$111,945

Cost breakdown

+Likely effective rent$1,170
HUD FMR$1,120
Market rent$1,190
Est. payment standard (104%)Used$1,170
-Principal and interest-$566
Loan amount$89,556
Down payment$22,389
Rate6.50%
Term30 years
-Operating costs-$404
Property taxes-$112
Insurance-$175
Utilities$0
HOA$0
Management-$117
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$19,016(84.9% ROI)
Projected value
$120,553
Return breakdown
Property appreciation+$8,608
Loan principal paid down+$3,209
Rental cash flow+$7,200
5-year hold
+$32,432(144.9% ROI)
Projected value
$126,656
Return breakdown
Property appreciation+$14,710
Loan principal paid down+$5,722
Rental cash flow+$12,000
10-year hold
+$68,988(308.1% ROI)
Projected value
$143,299
Return breakdown
Property appreciation+$31,354
Loan principal paid down+$13,634
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.92
1 BR
0.96
2 BR
0.94
3 BR
0.89
4 BR
0.93
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 35401 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 35401 (Tuscaloosa, AL) is $1,120 a month. That is down 0.9% from $1,130 in FY 2026. Tuscaloosa is in the Tuscaloosa, AL HUD Metro FMR Area. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,165. Among 29 ZIP codes in Tuscaloosa County, 35401 is tied for the 16th-highest two-bedroom rent (county range $990–$1,560). The median county two-bedroom FMR in Alabama is $975, so ZIP 35401 is 15% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 35401
BedroomsFY 2027Change90–110% range
Studio$9300.0%$837–$1,023
1BR$9400.0%$846–$1,034
2BR$1,120−0.9%$1,008–$1,232
3BR$1,410−2.1%$1,269–$1,551
4BR$1,470−2.0%$1,323–$1,617

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 35401
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$930$940$1,120$1,410$1,470
FY 2026$930$940$1,130$1,440$1,500
FY 2025$850$850$1,050$1,340$1,390
FY 2024$830$840$1,040$1,310$1,390
FY 2023$760$770$950$1,190$1,280

Two-bedroom rent in nearby Tuscaloosa County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 35401
35401Current$1,120—
35402$1,180+5.4%
35403$1,180+5.4%
35404$1,180+5.4%
35405$1,280+14.3%
35406$1,560+39.3%
35407$1,180+5.4%
35444$1,270+13.4%
35446$1,060−5.4%
35449$1,180+5.4%
35452$1,450+29.5%
35453$1,100−1.8%

Questions about ZIP 35401 rents

How much will Section 8 pay for a two-bedroom in ZIP 35401?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,165, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,049 to $1,282 a month; under the ZIP-level Small Area FMR of $1,120 it would be $1,008 to $1,232. 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 35401 in?

ZIP 35401 is in the Tuscaloosa, AL HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,165.

How much did fair market rent change in ZIP 35401 for FY 2027?

The two-bedroom FMR fell 0.9%, from $1,130 in FY 2026 to $1,120 in FY 2027. Since FY 2023 it has risen 17.9%.

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