Location: Winston County, AL | Metro: Winston County, AL
| Unit Size | Monthly FMR |
|---|---|
| Studio | $740 |
| 1 Bedroom | $820 |
| 2 Bedrooms | $950 |
| 3 Bedrooms | $1,300 |
| 4 Bedrooms | $1,460 |
| 5 Bedrooms | $1,694 |
| 6 Bedrooms | $1,897 |
| 7 Bedrooms | $2,049 |
| 8 Bedrooms | $2,151 |
U.S. Census Bureau data (2024)
The ZIP code 35572, located within the Winston County, AL metro, presents an interesting mix of characteristics that set it apart from other typical ZIP codes in the area. With a Fair Market Rent (FMR) of $810 for fiscal year 2026, this figure represents the median rent for a standard two-bedroom apartment, which is a key benchmark for landlords and investors involved with Section 8 housing.
The lack of available market rent data for ZIP 35572 suggests limited information on private rental rates, which could imply a smaller rental market or less frequent turnover of rental properties compared to other areas. This absence contrasts with the detailed home value data, indicating a median home price of $358,234, which is significantly higher than the typical home values seen in many other ZIP codes within the county.
With a 6.3% renter share, it's evident that the majority of residents in 35572 own their homes rather than renting. This lower percentage of renters compared to typical ZIP codes in Winston County can be attributed to the higher median home values, which might deter potential renters due to affordability concerns.
When comparing ZIP 35572 to other areas within the Winston County, AL metro, it stands out as neither a value pocket nor a premium sub-market. Instead, it aligns more closely with being a mid-tier neighborhood. The relatively low FMR of $810 indicates that rental costs are manageable, making it suitable for Section 8 tenants who have income restrictions. However, the high median home value of $358,234 places it above the average for many ZIP codes in the area, suggesting a more affluent resident base overall.
The divergence between the high home values and the low renter share provides insight into the local real estate dynamics. While it may not be a sweet spot for Section 8 investments due to the limited number of renters, the area still offers opportunities for landlords who cater to affordable housing needs. The manageable FMR ensures that rental units can be priced within the allowable limits for Section 8 subsidies, attracting tenants who qualify for such assistance.
In summary, ZIP 35572 offers a balanced approach to real estate investment within the Winston County, AL metro, providing a middle ground between premium markets and value pockets. Landlords and small-portfolio investors should consider the local context of higher home values and lower renter share when evaluating the potential for Section 8 properties in this area.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.