Housing market/New York/ZIP 11787

ACS 2023 · FY2027 SAFMR

ZIP 11787 Smithtown, New York

Nassau-Suffolk, 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
34,656
Households
11,834
Median HH income
$141,505
Renter share
13.6%
Median gross rent
$2,349
Vacancy
2.6%
Pop. change
+1.6%
2BR SAFMR
$3,190
SAFMR / rent
1.358×
2–49 unit stock
1,006
LIHTC proj / units
1 / 299
HUD assisted MF
1 / 298

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 11787 · NY — sent to you.

ZIP 11787 · NY

ACS median rent$2,349
2BR SAFMR$3,190
90% floor$2,871
110% ceiling$3,509

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

Housing stock

ACS 2023 units-in-structure · ZCTA 11787

  • 1-unit detached10,30885.0%
  • 1-unit attached5794.8%
  • 2–4 units3532.9%
  • 5–49 units6535.4%
  • 50+ units1701.4%
  • Mobile690.6%
TypeUnitsShare
1-unit detached10,30884.9%
1-unit attached5794.8%
2 units (duplex)1811.5%
3–4 units1721.4%
5–9 units2001.6%
10–19 units3512.9%
20–49 units1020.8%
50+ units1701.4%
Mobile690.6%

2–4 unit share 2.9% · 5–49 unit share 5.4% · combined 2–49 8.3%.

Units by bedrooms

Studio
100
1BR
885
2BR
1,277
3BR
4,592
4BR
4,439
5+
854

Rent burden

Rent ≥30% of income49.3%
Rent ≥50% of income24.7%
  • ACS median gross rent $2,349 (all bedrooms, occupied rentals).
  • Median contract rent $1,994.
  • Renters paying ≥30% of income 49.3%; ≥50% 24.7%.
  • FY2027 2BR SAFMR $3,190 (1.358× ACS median gross rent).

Population

34,656 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.6%.

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

Assisted inventory

  • LIHTC: 1 projects, 299 units.
  • HUD project-based assisted MF: 1 properties, 298 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 287 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 11787 13.6% of occupied households are renters; vacancy is 2.6%; ACS median gross rent is $2,349; population increased +1.6% between the 2018 and 2023 ACS vintages; the housing stock includes 353 units in 2–4-unit structures and 653 units in 5–49-unit structures; 1 LIHTC projects totaling 299 units; FY2027 2BR SAFMR is $3,190 versus ACS median gross rent of $2,349. 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 11787 is a Census / HUD profile for Nassau-Suffolk, 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 11787?

ZIP 11787 (Nassau-Suffolk, NY HUD Metro FMR Area) has 34,656 residents, 11,834 households, a renter share of 13.6%, median household income of $141,505, and ACS 2023 median gross rent of $2,349. Vacancy is 2.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 11787?

ACS counts 181 units in 2-unit buildings, 172 in 3–4 unit buildings, 200 in 5–9, 351 in 10–19, and 102 in 20–49. Combined 2–49 unit stock is 1,006 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 11787?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,190. See the full schedule and 90–110% payment-standard band on the ZIP 11787 — Smithtown, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 11787 is Census / HUD research for Nassau-Suffolk, 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.