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Housing market/Georgia/ZIP 30507

ACS 2023 · FY2027 SAFMR

ZIP 30507 Gainesville, Georgia

Gainesville, GA MSA · Georgia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
31,374
Households
8,607
Median HH income
$74,782
Renter share
29.8%
Median gross rent
$1,163
Vacancy
9.4%
Pop. change
+4.3%
2BR SAFMR
$1,400
SAFMR / rent
1.204×
2–49 unit stock
457
LIHTC proj / units
1 / 292
HUD assisted MF
1 / 75

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 30507 · GA — sent to you.

ZIP 30507 · GA

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ACS rent vs 2BR SAFMR

ZIP 30507 — Gainesville, GA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,163
2BR SAFMR$1,400
90% floor$1,260
110% ceiling$1,540

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

Housing stock

ACS 2023 units-in-structure · ZCTA 30507

  • 1-unit detached7,18975.7%
  • 1-unit attached1311.4%
  • 2–4 units790.8%
  • 5–49 units3784.0%
  • 50+ units680.7%
  • Mobile1,65117.4%
TypeUnitsShare
1-unit detached7,18975.7%
1-unit attached1311.4%
2 units (duplex)360.4%
3–4 units430.5%
5–9 units951.0%
10–19 units2572.7%
20–49 units260.3%
50+ units680.7%
Mobile1,65117.4%

2–4 unit share 0.8% · 5–49 unit share 4.0% · combined 2–49 4.8%.

Units by bedrooms

Studio
188
1BR
277
2BR
1,224
3BR
5,201
4BR
1,993
5+
613

Rent burden

Rent ≥30% of income40.7%
Rent ≥50% of income25.1%
  • ACS median gross rent $1,163 (all bedrooms, occupied rentals).
  • Median contract rent $912.
  • Renters paying ≥30% of income 40.7%; ≥50% 25.1%.
  • FY2027 2BR SAFMR $1,400 (1.204× ACS median gross rent).

Population

31,374 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: 1 projects, 292 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 86 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 30507 29.8% of occupied households are renters; vacancy is 9.4%; ACS median gross rent is $1,163; population increased +4.3% between the 2018 and 2023 ACS vintages; the housing stock includes 79 units in 2–4-unit structures and 378 units in 5–49-unit structures; 1 LIHTC projects totaling 292 units; FY2027 2BR SAFMR is $1,400 versus ACS median gross rent of $1,163. 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.

ZIP 30507 — Gainesville, GA HUD Section 8 Payment Standards / SAFMR·Georgia ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
30501Gainesville, GA MSA60.7%$1,152$1,55030502Gainesville, GA MSA——$1,54030503Gainesville, GA MSA——$1,54030504Gainesville, GA MSA43.7%$1,266$1,56030506Gainesville, GA MSA15.3%$1,323$1,49030518Gainesville, GA MSA23.6%$1,611$1,83030519Gainesville, GA MSA25.7%$1,816$2,14030542Gainesville, GA MSA21.6%$1,605$1,90030566Gainesville, GA MSA40.2%$1,240$1,590

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 Georgia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 30507?

ZIP 30507 (Gainesville, GA MSA) has 31,374 residents, 8,607 households, a renter share of 29.8%, median household income of $74,782, and ACS 2023 median gross rent of $1,163. Vacancy is 9.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 30507?

ACS counts 36 units in 2-unit buildings, 43 in 3–4 unit buildings, 95 in 5–9, 257 in 10–19, and 26 in 20–49. Combined 2–49 unit stock is 457 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 30507?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,400. See the full schedule and 90–110% payment-standard band on the ZIP 30507 — Gainesville, GA HUD Section 8 Payment Standards / SAFMR.