Housing market/New York/ZIP 14850
ZIP 14850 Ithaca, New York
Ithaca, NY MSA · New York. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 14850 · NY — sent to you.
ZIP 14850 · NY
ACS rent vs 2BR SAFMR
ZIP 14850 — Ithaca, NY HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 14850
- 1-unit detached13,13941.4%
- 1-unit attached1,6525.2%
- 2–4 units5,42417.1%
- 5–49 units7,57823.9%
- 50+ units2,6078.2%
- Mobile1,3724.3%
2–4 unit share 17.1% · 5–49 unit share 23.9% · combined 2–49 40.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,446 (all bedrooms, occupied rentals).
- Median contract rent $1,331.
- Renters paying ≥30% of income 58.0%; ≥50% 34.5%.
- FY2027 2BR SAFMR $1,950 (1.349× ACS median gross rent).
Population
66,495 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +3.1%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 16 projects, 972 units.
- 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 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 14850 55.8% of occupied households are renters; vacancy is 10.2%; ACS median gross rent is $1,446; population increased +3.1% between the 2018 and 2023 ACS vintages; the housing stock includes 5,424 units in 2–4-unit structures and 7,578 units in 5–49-unit structures; 16 LIHTC projects totaling 972 units; FY2027 2BR SAFMR is $1,950 versus ACS median gross rent of $1,446. 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 14850 is a Census / HUD profile for Ithaca, NY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 14850 — Ithaca, NY HUD Section 8 Payment Standards / SAFMR·New York ZIP directory
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 14850?
ZIP 14850 (Ithaca, NY MSA) has 66,495 residents, 28,527 households, a renter share of 55.8%, median household income of $69,689, and ACS 2023 median gross rent of $1,446. Vacancy is 10.2%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 14850?
ACS counts 3,206 units in 2-unit buildings, 2,218 in 3–4 unit buildings, 3,208 in 5–9, 2,306 in 10–19, and 2,064 in 20–49. Combined 2–49 unit stock is 13,002 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 14850?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,950. See the full schedule and 90–110% payment-standard band on the ZIP 14850 — Ithaca, NY HUD Section 8 Payment Standards / SAFMR.
Does this New York ZIP profile include Georgia listings?
No. ZIP 14850 is Census / HUD research for Ithaca, NY MSA. 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.