Housing market/New York/ZIP 11214

ACS 2023 · FY2027 SAFMR

ZIP 11214 Brooklyn, New York

New York, NY HUD Metro FMR Area · New York. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
88,994
Households
31,006
Median HH income
$64,286
Renter share
66.1%
Median gross rent
$1,710
Vacancy
7.0%
Pop. change
-4.3%
2BR SAFMR
$2,880
SAFMR / rent
1.684×
2–49 unit stock
22,304
LIHTC proj / units
3 / 248
HUD assisted MF
2 / 175

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 11214 · NY — sent to you.

ZIP 11214 · NY

ACS median rent$1,710
2BR SAFMR$2,880
90% floor$2,592
110% ceiling$3,168

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

Housing stock

ACS 2023 units-in-structure · ZCTA 11214

  • 1-unit detached1,6044.8%
  • 1-unit attached3,63910.9%
  • 2–4 units13,29839.9%
  • 5–49 units9,00627.0%
  • 50+ units5,69917.1%
  • Mobile950.3%
TypeUnitsShare
1-unit detached1,6044.8%
1-unit attached3,63910.9%
2 units (duplex)6,55619.7%
3–4 units6,74220.2%
5–9 units2,4627.4%
10–19 units1,8195.5%
20–49 units4,72514.2%
50+ units5,69917.1%
Mobile950.3%

2–4 unit share 39.9% · 5–49 unit share 27.0% · combined 2–49 66.9%.

Units by bedrooms

Studio
1,834
1BR
9,032
2BR
10,899
3BR
8,925
4BR
1,677
5+
974

Rent burden

Rent ≥30% of income52.2%
Rent ≥50% of income29.4%
  • ACS median gross rent $1,710 (all bedrooms, occupied rentals).
  • Median contract rent $1,602.
  • Renters paying ≥30% of income 52.2%; ≥50% 29.4%.
  • FY2027 2BR SAFMR $2,880 (1.684× ACS median gross rent).

Population

88,994 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.3%.

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

Assisted inventory

  • LIHTC: 3 projects, 248 units.
  • HUD project-based assisted MF: 2 properties, 175 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 6,573 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 11214 66.1% of occupied households are renters; vacancy is 7.0%; ACS median gross rent is $1,710; population changed -4.3% between the 2018 and 2023 ACS vintages; the housing stock includes 13,298 units in 2–4-unit structures and 9,006 units in 5–49-unit structures; 3 LIHTC projects totaling 248 units; FY2027 2BR SAFMR is $2,880 versus ACS median gross rent of $1,710. 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 York research

ZIP 11214 is a Census / HUD profile for New York, NY. 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 York research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 11214?

ZIP 11214 (New York, NY HUD Metro FMR Area) has 88,994 residents, 31,006 households, a renter share of 66.1%, median household income of $64,286, and ACS 2023 median gross rent of $1,710. Vacancy is 7.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 11214?

ACS counts 6,556 units in 2-unit buildings, 6,742 in 3–4 unit buildings, 2,462 in 5–9, 1,819 in 10–19, and 4,725 in 20–49. Combined 2–49 unit stock is 22,304 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 11214?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,880. See the full schedule and 90–110% payment-standard band on the ZIP 11214 — Brooklyn, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 11214 is Census / HUD research for New York, NY HUD Metro FMR Area. Jeff Crowe CRE does not list New York 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.