Housing market/Florida/ZIP 32216

ACS 2023 · FY2027 SAFMR

ZIP 32216 Jacksonville, Florida

Jacksonville, 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
41,323
Households
18,286
Median HH income
$63,253
Renter share
52.9%
Median gross rent
$1,311
Vacancy
7.6%
Pop. change
+8.5%
2BR SAFMR
$1,550
SAFMR / rent
1.182×
2–49 unit stock
7,722
LIHTC proj / units
5 / 1,032
HUD assisted MF
2 / 424

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32216 · FL — sent to you.

ZIP 32216 · FL

ACS median rent$1,311
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 32216

  • 1-unit detached8,75644.2%
  • 1-unit attached1,4417.3%
  • 2–4 units9664.9%
  • 5–49 units6,75634.1%
  • 50+ units1,7809.0%
  • Mobile970.5%
TypeUnitsShare
1-unit detached8,75644.2%
1-unit attached1,4417.3%
2 units (duplex)3051.5%
3–4 units6613.3%
5–9 units1,2326.2%
10–19 units3,72618.8%
20–49 units1,7989.1%
50+ units1,7809.0%
Mobile970.5%

2–4 unit share 4.9% · 5–49 unit share 34.1% · combined 2–49 39.0%.

Units by bedrooms

Studio
677
1BR
4,077
2BR
5,691
3BR
7,075
4BR
2,264
5+
12

Rent burden

Rent ≥30% of income51.1%
Rent ≥50% of income28.2%
  • ACS median gross rent $1,311 (all bedrooms, occupied rentals).
  • Median contract rent $1,200.
  • Renters paying ≥30% of income 51.1%; ≥50% 28.2%.
  • FY2027 2BR SAFMR $1,550 (1.182× ACS median gross rent).

Population

41,323 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.5%.

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

Assisted inventory

  • LIHTC: 5 projects, 1,032 units.
  • HUD project-based assisted MF: 2 properties, 424 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,253 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 32216 52.9% of occupied households are renters; vacancy is 7.6%; ACS median gross rent is $1,311; population increased +8.5% between the 2018 and 2023 ACS vintages; the housing stock includes 966 units in 2–4-unit structures and 6,756 units in 5–49-unit structures; 5 LIHTC projects totaling 1,032 units; FY2027 2BR SAFMR is $1,550 versus ACS median gross rent of $1,311. 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 32216 is a Census / HUD profile for Jacksonville, 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 32216?

ZIP 32216 (Jacksonville, FL HUD Metro FMR Area) has 41,323 residents, 18,286 households, a renter share of 52.9%, median household income of $63,253, and ACS 2023 median gross rent of $1,311. Vacancy is 7.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32216?

ACS counts 305 units in 2-unit buildings, 661 in 3–4 unit buildings, 1,232 in 5–9, 3,726 in 10–19, and 1,798 in 20–49. Combined 2–49 unit stock is 7,722 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32216?

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 32216 — Jacksonville, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32216 is Census / HUD research for Jacksonville, 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.