Housing market/Connecticut/ZIP 06405

ACS 2023 · FY2027 SAFMR

ZIP 06405 Branford, Connecticut

New Haven, CT MSA · Connecticut. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
28,090
Households
13,103
Median HH income
$97,223
Renter share
33.1%
Median gross rent
$1,529
Vacancy
8.6%
Pop. change
+0.9%
2BR SAFMR
$2,080
SAFMR / rent
1.360×
2–49 unit stock
3,965
LIHTC proj / units
1 / 17
HUD assisted MF
3 / 94

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 06405 · CT — sent to you.

ZIP 06405 · CT

ACS median rent$1,529
2BR SAFMR$2,080
90% floor$1,872
110% ceiling$2,288

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

Housing stock

ACS 2023 units-in-structure · ZCTA 06405

  • 1-unit detached8,01755.9%
  • 1-unit attached1,88313.1%
  • 2–4 units1,95813.7%
  • 5–49 units2,00714.0%
  • 50+ units4122.9%
  • Mobile570.4%
TypeUnitsShare
1-unit detached8,01755.9%
1-unit attached1,88313.1%
2 units (duplex)1,2979.0%
3–4 units6614.6%
5–9 units6464.5%
10–19 units6094.2%
20–49 units7525.2%
50+ units4122.9%
Mobile570.4%

2–4 unit share 13.7% · 5–49 unit share 14.0% · combined 2–49 27.7%.

Units by bedrooms

Studio
213
1BR
1,899
2BR
4,816
3BR
5,002
4BR
1,964
5+
440

Rent burden

Rent ≥30% of income54.0%
Rent ≥50% of income32.3%
  • ACS median gross rent $1,529 (all bedrooms, occupied rentals).
  • Median contract rent $1,374.
  • Renters paying ≥30% of income 54.0%; ≥50% 32.3%.
  • FY2027 2BR SAFMR $2,080 (1.360× ACS median gross rent).

Population

28,090 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.9%.

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

Assisted inventory

  • LIHTC: 1 projects, 17 units.
  • HUD project-based assisted MF: 3 properties, 94 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 06405 33.1% of occupied households are renters; vacancy is 8.6%; ACS median gross rent is $1,529; population increased +0.9% between the 2018 and 2023 ACS vintages; the housing stock includes 1,958 units in 2–4-unit structures and 2,007 units in 5–49-unit structures; 1 LIHTC projects totaling 17 units; FY2027 2BR SAFMR is $2,080 versus ACS median gross rent of $1,529. 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.

Connecticut research

ZIP 06405 is a Census / HUD profile for New Haven, CT. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

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 Connecticut research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 06405?

ZIP 06405 (New Haven, CT MSA) has 28,090 residents, 13,103 households, a renter share of 33.1%, median household income of $97,223, and ACS 2023 median gross rent of $1,529. Vacancy is 8.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 06405?

ACS counts 1,297 units in 2-unit buildings, 661 in 3–4 unit buildings, 646 in 5–9, 609 in 10–19, and 752 in 20–49. Combined 2–49 unit stock is 3,965 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 06405?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,080. See the full schedule and 90–110% payment-standard band on the ZIP 06405 — Branford, CT HUD Section 8 Payment Standards / SAFMR.

Does this Connecticut ZIP profile include Georgia listings?

No. ZIP 06405 is Census / HUD research for New Haven, CT MSA. Jeff Crowe CRE does not list Connecticut 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.