JeffCroweCRE

Housing market/Massachusetts/ZIP 02199

ACS 2023 · FY2027 SAFMR

ZIP 02199 Boston, Massachusetts

Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area · Massachusetts. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,253
Households
825
Median HH income
$118,367
Renter share
96.6%
Median gross rent
$3,404
Vacancy
33.3%
Pop. change
+9.0%
2BR SAFMR
$4,510
SAFMR / rent
1.325×
2–49 unit stock
25
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 02199 · MA — sent to you.

ZIP 02199 · MA

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ACS rent vs 2BR SAFMR

ZIP 02199 — Boston, MA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$3,404
2BR SAFMR$4,510
90% floor$4,059
110% ceiling$4,961

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

Housing stock

ACS 2023 units-in-structure · ZCTA 02199

  • 1-unit detached70.6%
  • 5–49 units252.0%
  • 50+ units1,20497.4%
TypeUnitsShare
1-unit detached70.6%
1-unit attached00.0%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units110.9%
10–19 units00.0%
20–49 units141.1%
50+ units1,20497.4%
Mobile00.0%

2–4 unit share 0.0% · 5–49 unit share 2.0% · combined 2–49 2.0%.

Units by bedrooms

Studio
348
1BR
473
2BR
357
3BR
58
4BR
0
5+
0

Rent burden

Rent ≥30% of income52.7%
Rent ≥50% of income30.6%
  • ACS median gross rent $3,404 (all bedrooms, occupied rentals).
  • Median contract rent $3,296.
  • Renters paying ≥30% of income 52.7%; ≥50% 30.6%.
  • FY2027 2BR SAFMR $4,510 (1.325× ACS median gross rent).

Population

1,253 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +9.0%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,078 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 02199 96.6% of occupied households are renters; vacancy is 33.3%; ACS median gross rent is $3,404; population increased +9.0% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 25 units in 5–49-unit structures; FY2027 2BR SAFMR is $4,510 versus ACS median gross rent of $3,404. 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.

Massachusetts research

ZIP 02199 is a Census / HUD profile for Boston-Cambridge-Quincy, MA-NH, MA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 02199 — Boston, MA HUD Section 8 Payment Standards / SAFMR·Massachusetts ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
01464Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area17.7%$1,189$2,65001469Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area15.7%$1,121$2,65001474Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area17.3%$2,368$3,40001701Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area21.8%$1,973$2,82001702Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area65.7%$1,822$2,81001703Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area——$3,05001704Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area——$3,05001718Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area3.7%—$2,66001719Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area22.7%$1,816$2,65001720Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area24.6%$1,908$2,66001721Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area24.5%$2,334$3,34001731Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area100.0%$3,501$4,510

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 Massachusetts research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 02199?

ZIP 02199 (Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area) has 1,253 residents, 825 households, a renter share of 96.6%, median household income of $118,367, and ACS 2023 median gross rent of $3,404. Vacancy is 33.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 02199?

ACS counts 0 units in 2-unit buildings, 0 in 3–4 unit buildings, 11 in 5–9, 0 in 10–19, and 14 in 20–49. Combined 2–49 unit stock is 25 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 02199?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $4,510. See the full schedule and 90–110% payment-standard band on the ZIP 02199 — Boston, MA HUD Section 8 Payment Standards / SAFMR.

Does this Massachusetts ZIP profile include Georgia listings?

No. ZIP 02199 is Census / HUD research for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area. Jeff Crowe CRE does not list Massachusetts 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.