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Housing market/Georgia/ZIP 31328

ACS 2023 · FY2027 SAFMR

ZIP 31328 Tybee Island, Georgia

Savannah, 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
3,330
Households
1,615
Median HH income
$105,669
Renter share
10.4%
Median gross rent
$1,205
Vacancy
53.7%
Pop. change
-7.1%
2BR SAFMR
$1,660
SAFMR / rent
1.378×
2–49 unit stock
790
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 31328 · GA — sent to you.

ZIP 31328 · GA

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ACS rent vs 2BR SAFMR

ZIP 31328 — Tybee Island, GA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,205
2BR SAFMR$1,660
90% floor$1,494
110% ceiling$1,826

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

Housing stock

ACS 2023 units-in-structure · ZCTA 31328

  • 1-unit detached2,30466.0%
  • 1-unit attached2437.0%
  • 2–4 units41411.9%
  • 5–49 units37610.8%
  • 50+ units1464.2%
  • Mobile70.2%
TypeUnitsShare
1-unit detached2,30466.0%
1-unit attached2437.0%
2 units (duplex)1855.3%
3–4 units2296.6%
5–9 units1343.8%
10–19 units712.0%
20–49 units1714.9%
50+ units1464.2%
Mobile70.2%

2–4 unit share 11.9% · 5–49 unit share 10.8% · combined 2–49 22.6%.

Units by bedrooms

Studio
40
1BR
198
2BR
733
3BR
1,832
4BR
468
5+
219

Rent burden

Rent ≥30% of income56.5%
Rent ≥50% of income56.5%
  • ACS median gross rent $1,205 (all bedrooms, occupied rentals).
  • Median contract rent $1,085.
  • Renters paying ≥30% of income 56.5%; ≥50% 56.5%.
  • FY2027 2BR SAFMR $1,660 (1.378× ACS median gross rent).

Population

3,330 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -7.1%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 1,728 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 31328 10.4% of occupied households are renters; vacancy is 53.7%; ACS median gross rent is $1,205; population changed -7.1% between the 2018 and 2023 ACS vintages; the housing stock includes 414 units in 2–4-unit structures and 376 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,660 versus ACS median gross rent of $1,205. 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 31328 — Tybee Island, GA HUD Section 8 Payment Standards / SAFMR·Georgia ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
31302Savannah, GA MSA30.1%$1,072$1,52031303Savannah, GA MSA18.2%$697$1,52031307Savannah, GA MSA16.7%—$1,53031312Savannah, GA MSA12.8%$1,394$1,77031318Savannah, GA MSA25.0%—$1,52031322Savannah, GA MSA39.1%$1,629$1,97031324Savannah, GA MSA23.9%$1,764$2,10031326Savannah, GA MSA26.4%$1,141$1,52031329Savannah, GA MSA26.6%$1,141$1,52031401Savannah, GA MSA67.1%$1,428$2,01031402Savannah, GA MSA——$1,70031403Savannah, GA MSA——$1,700

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 31328?

ZIP 31328 (Savannah, GA MSA) has 3,330 residents, 1,615 households, a renter share of 10.4%, median household income of $105,669, and ACS 2023 median gross rent of $1,205. Vacancy is 53.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 31328?

ACS counts 185 units in 2-unit buildings, 229 in 3–4 unit buildings, 134 in 5–9, 71 in 10–19, and 171 in 20–49. Combined 2–49 unit stock is 790 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 31328?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,660. See the full schedule and 90–110% payment-standard band on the ZIP 31328 — Tybee Island, GA HUD Section 8 Payment Standards / SAFMR.