Housing market/Florida/ZIP 32118

ACS 2023 · FY2027 SAFMR

ZIP 32118 Daytona Beach, Florida

Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area · Florida. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
18,075
Households
9,859
Median HH income
$60,418
Renter share
36.3%
Median gross rent
$1,283
Vacancy
39.9%
Pop. change
+4.2%
2BR SAFMR
$1,550
SAFMR / rent
1.208×
2–49 unit stock
3,728
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32118 · FL — sent to you.

ZIP 32118 · FL

ACS median rent$1,283
2BR SAFMR$1,550
90% floor$1,395
110% ceiling$1,705

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32118

  • 1-unit detached5,07931.0%
  • 1-unit attached6063.7%
  • 2–4 units9916.0%
  • 5–49 units2,73716.7%
  • 50+ units6,96642.5%
  • Mobile110.1%
TypeUnitsShare
1-unit detached5,07931.0%
1-unit attached6063.7%
2 units (duplex)4762.9%
3–4 units5153.1%
5–9 units6694.1%
10–19 units3962.4%
20–49 units1,67210.2%
50+ units6,96642.5%
Mobile110.1%

2–4 unit share 6.0% · 5–49 unit share 16.7% · combined 2–49 22.7%.

Units by bedrooms

Studio
1,438
1BR
1,891
2BR
7,383
3BR
4,683
4BR
926
5+
69

Rent burden

Rent ≥30% of income55.2%
Rent ≥50% of income27.6%
  • ACS median gross rent $1,283 (all bedrooms, occupied rentals).
  • Median contract rent $1,157.
  • Renters paying ≥30% of income 55.2%; ≥50% 27.6%.
  • FY2027 2BR SAFMR $1,550 (1.208× ACS median gross rent).

Population

18,075 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.2%.

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 548 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 32118 36.3% of occupied households are renters; vacancy is 39.9%; ACS median gross rent is $1,283; population increased +4.2% between the 2018 and 2023 ACS vintages; the housing stock includes 991 units in 2–4-unit structures and 2,737 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,550 versus ACS median gross rent of $1,283. 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.

Florida research

ZIP 32118 is a Census / HUD profile for Deltona-Daytona Beach-Ormond Beach, FL. 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 Florida research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 32118?

ZIP 32118 (Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area) has 18,075 residents, 9,859 households, a renter share of 36.3%, median household income of $60,418, and ACS 2023 median gross rent of $1,283. Vacancy is 39.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32118?

ACS counts 476 units in 2-unit buildings, 515 in 3–4 unit buildings, 669 in 5–9, 396 in 10–19, and 1,672 in 20–49. Combined 2–49 unit stock is 3,728 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32118?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,550. See the full schedule and 90–110% payment-standard band on the ZIP 32118 — Daytona Beach, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32118 is Census / HUD research for Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area. Jeff Crowe CRE does not list Florida 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.