Housing market/New York/ZIP 14892

ACS 2023 · FY2027 SAFMR

ZIP 14892 Waverly, New York

Elmira, 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.

Population
7,531
Households
3,346
Median HH income
$52,143
Renter share
29.9%
Median gross rent
$911
Vacancy
13.9%
Pop. change
-6.8%
2BR SAFMR
$1,190
SAFMR / rent
1.306×
2–49 unit stock
923
LIHTC proj / units
2 / 106
HUD assisted MF
1 / 75

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 14892 · NY — sent to you.

ZIP 14892 · NY

ACS median rent$911
2BR SAFMR$1,190
90% floor$1,071
110% ceiling$1,309

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

Housing stock

ACS 2023 units-in-structure · ZCTA 14892

  • 1-unit detached2,27658.6%
  • 1-unit attached511.3%
  • 2–4 units63216.3%
  • 5–49 units2917.5%
  • 50+ units551.4%
  • Mobile58215.0%
TypeUnitsShare
1-unit detached2,27658.6%
1-unit attached511.3%
2 units (duplex)50012.9%
3–4 units1323.4%
5–9 units1002.6%
10–19 units551.4%
20–49 units1363.5%
50+ units551.4%
Mobile58215.0%

2–4 unit share 16.3% · 5–49 unit share 7.5% · combined 2–49 23.7%.

Units by bedrooms

Studio
69
1BR
554
2BR
875
3BR
1,629
4BR
602
5+
158

Rent burden

Rent ≥30% of income52.7%
Rent ≥50% of income24.6%
  • ACS median gross rent $911 (all bedrooms, occupied rentals).
  • Median contract rent $728.
  • Renters paying ≥30% of income 52.7%; ≥50% 24.6%.
  • FY2027 2BR SAFMR $1,190 (1.306× ACS median gross rent).

Population

7,531 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -6.8%.

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

Assisted inventory

  • LIHTC: 2 projects, 106 units.
  • HUD project-based assisted MF: 1 properties, 75 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 65 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 14892 29.9% of occupied households are renters; vacancy is 13.9%; ACS median gross rent is $911; population changed -6.8% between the 2018 and 2023 ACS vintages; the housing stock includes 632 units in 2–4-unit structures and 291 units in 5–49-unit structures; 2 LIHTC projects totaling 106 units; FY2027 2BR SAFMR is $1,190 versus ACS median gross rent of $911. 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 14892 is a Census / HUD profile for Elmira, 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 14892?

ZIP 14892 (Elmira, NY MSA) has 7,531 residents, 3,346 households, a renter share of 29.9%, median household income of $52,143, and ACS 2023 median gross rent of $911. Vacancy is 13.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 14892?

ACS counts 500 units in 2-unit buildings, 132 in 3–4 unit buildings, 100 in 5–9, 55 in 10–19, and 136 in 20–49. Combined 2–49 unit stock is 923 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 14892?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,190. See the full schedule and 90–110% payment-standard band on the ZIP 14892 — Waverly, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 14892 is Census / HUD research for Elmira, 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.