Housing market/New Jersey/ZIP 08260

ACS 2023 · FY2027 SAFMR

ZIP 08260 Wildwood, Cape May County, New Jersey

Cape May County, NJ HUD Metro FMR Area · New Jersey. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
12,913
Households
6,951
Median HH income
$71,549
Renter share
36.0%
Median gross rent
$1,182
Vacancy
69.9%
Pop. change
+1.4%
2BR SAFMR
$1,620
SAFMR / rent
1.371×
2–49 unit stock
6,396
LIHTC proj / units
2 / 282
HUD assisted MF
1 / 22

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 08260 · NJ — sent to you.

ZIP 08260 · NJ

ACS median rent$1,182
2BR SAFMR$1,620
90% floor$1,458
110% ceiling$1,782

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

Housing stock

ACS 2023 units-in-structure · ZCTA 08260

  • 1-unit detached7,21331.3%
  • 1-unit attached8,28335.9%
  • 2–4 units3,20613.9%
  • 5–49 units3,19013.8%
  • 50+ units8203.6%
  • Mobile3641.6%
TypeUnitsShare
1-unit detached7,21331.3%
1-unit attached8,28335.9%
2 units (duplex)1,7587.6%
3–4 units1,4486.3%
5–9 units1,6337.1%
10–19 units7633.3%
20–49 units7943.4%
50+ units8203.6%
Mobile3641.6%

2–4 unit share 13.9% · 5–49 unit share 13.8% · combined 2–49 27.7%.

Units by bedrooms

Studio
617
1BR
3,065
2BR
5,845
3BR
8,313
4BR
3,764
5+
1,472

Rent burden

Rent ≥30% of income57.9%
Rent ≥50% of income24.3%
  • ACS median gross rent $1,182 (all bedrooms, occupied rentals).
  • Median contract rent $1,067.
  • Renters paying ≥30% of income 57.9%; ≥50% 24.3%.
  • FY2027 2BR SAFMR $1,620 (1.371× ACS median gross rent).

Population

12,913 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.4%.

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

Assisted inventory

  • LIHTC: 2 projects, 282 units.
  • HUD project-based assisted MF: 1 properties, 22 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 20 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 08260 36.0% of occupied households are renters; vacancy is 69.9%; ACS median gross rent is $1,182; population increased +1.4% between the 2018 and 2023 ACS vintages; the housing stock includes 3,206 units in 2–4-unit structures and 3,190 units in 5–49-unit structures; 2 LIHTC projects totaling 282 units; FY2027 2BR SAFMR is $1,620 versus ACS median gross rent of $1,182. 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.

New Jersey research

ZIP 08260 is a Census / HUD profile for Cape May County, NJ. 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 New Jersey research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 08260?

ZIP 08260 (Cape May County, NJ HUD Metro FMR Area) has 12,913 residents, 6,951 households, a renter share of 36.0%, median household income of $71,549, and ACS 2023 median gross rent of $1,182. Vacancy is 69.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 08260?

ACS counts 1,758 units in 2-unit buildings, 1,448 in 3–4 unit buildings, 1,633 in 5–9, 763 in 10–19, and 794 in 20–49. Combined 2–49 unit stock is 6,396 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 08260?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,620. See the full schedule and 90–110% payment-standard band on the ZIP 08260 — Wildwood, NJ HUD Section 8 Payment Standards / SAFMR.

Does this New Jersey ZIP profile include Georgia listings?

No. ZIP 08260 is Census / HUD research for Cape May County, NJ HUD Metro FMR Area. Jeff Crowe CRE does not list New Jersey 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.