JeffCroweCRE

Housing market/Georgia/ZIP 31721

ACS 2023 · FY2027 SAFMR

ZIP 31721 Albany, Baker County, Georgia

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

Population
19,655
Households
8,005
Median HH income
$78,314
Renter share
31.5%
Median gross rent
$1,174
Vacancy
5.9%
Pop. change
-4.5%
2BR SAFMR
$1,340
SAFMR / rent
1.141×
2–49 unit stock
1,374
LIHTC proj / units
8 / 285
HUD assisted MF
1 / 10

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 31721 · GA — sent to you.

ZIP 31721 · GA

By checking this box you agree that you may be referred to another real estate broker or related service and acknowledge that CENTURY 21 The Avenues licensees and/or affiliates may be paid a valuable consideration for facilitating such referral.

ACS rent vs 2BR SAFMR

ZIP 31721 — Albany, GA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,174
2BR SAFMR$1,340
90% floor$1,206
110% ceiling$1,474

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

Housing stock

ACS 2023 units-in-structure · ZCTA 31721

  • 1-unit detached6,38675.1%
  • 1-unit attached1822.1%
  • 2–4 units1,10913.0%
  • 5–49 units2653.1%
  • 50+ units1001.2%
  • Mobile4585.4%
TypeUnitsShare
1-unit detached6,38675.1%
1-unit attached1822.1%
2 units (duplex)1,01111.9%
3–4 units981.2%
5–9 units1511.8%
10–19 units901.1%
20–49 units240.3%
50+ units1001.2%
Mobile4585.4%

2–4 unit share 13.0% · 5–49 unit share 3.1% · combined 2–49 16.1%.

Units by bedrooms

Studio
130
1BR
173
2BR
544
3BR
5,451
4BR
1,802
5+
408

Rent burden

Rent ≥30% of income39.2%
Rent ≥50% of income16.0%
  • ACS median gross rent $1,174 (all bedrooms, occupied rentals).
  • Median contract rent $861.
  • Renters paying ≥30% of income 39.2%; ≥50% 16.0%.
  • FY2027 2BR SAFMR $1,340 (1.141× ACS median gross rent).

Population

19,655 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.5%.

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

Assisted inventory

  • LIHTC: 8 projects, 285 units.
  • HUD project-based assisted MF: 1 properties, 10 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 31721 31.5% of occupied households are renters; vacancy is 5.9%; ACS median gross rent is $1,174; population changed -4.5% between the 2018 and 2023 ACS vintages; the housing stock includes 1,109 units in 2–4-unit structures and 265 units in 5–49-unit structures; 8 LIHTC projects totaling 285 units; FY2027 2BR SAFMR is $1,340 versus ACS median gross rent of $1,174. 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 31721 — Albany, GA HUD Section 8 Payment Standards / SAFMR·Georgia ZIP directory

FAQ

What is the housing market like in ZIP 31721?

ZIP 31721 (Baker County, GA) has 19,655 residents, 8,005 households, a renter share of 31.5%, median household income of $78,314, and ACS 2023 median gross rent of $1,174. Vacancy is 5.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 31721?

ACS counts 1,011 units in 2-unit buildings, 98 in 3–4 unit buildings, 151 in 5–9, 90 in 10–19, and 24 in 20–49. Combined 2–49 unit stock is 1,374 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 31721?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,340. See the full schedule and 90–110% payment-standard band on the ZIP 31721 — Albany, GA HUD Section 8 Payment Standards / SAFMR.