Housing market/Florida/ZIP 32324

ACS 2023 · FY2027 SAFMR

ZIP 32324 Chattahoochee, Florida

Tallahassee, 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
4,719
Households
1,505
Median HH income
$42,607
Renter share
29.8%
Median gross rent
$606
Vacancy
20.7%
Pop. change
-0.1%
2BR SAFMR
$1,220
SAFMR / rent
2.013×
2–49 unit stock
236
LIHTC proj / units
—
HUD assisted MF
1 / 88

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32324 · FL — sent to you.

ZIP 32324 · FL

ACS median rent$606
2BR SAFMR$1,220
90% floor$1,098
110% ceiling$1,342

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32324

  • 1-unit detached1,11058.5%
  • 1-unit attached472.5%
  • 2–4 units764.0%
  • 5–49 units1608.4%
  • Mobile50526.6%
TypeUnitsShare
1-unit detached1,11058.5%
1-unit attached472.5%
2 units (duplex)552.9%
3–4 units211.1%
5–9 units784.1%
10–19 units824.3%
20–49 units00.0%
50+ units00.0%
Mobile50526.6%

2–4 unit share 4.0% · 5–49 unit share 8.4% · combined 2–49 12.4%.

Units by bedrooms

Studio
0
1BR
87
2BR
434
3BR
943
4BR
358
5+
76

Rent burden

Rent ≥30% of income28.3%
Rent ≥50% of income14.0%
  • ACS median gross rent $606 (all bedrooms, occupied rentals).
  • Median contract rent $434.
  • Renters paying ≥30% of income 28.3%; ≥50% 14.0%.
  • FY2027 2BR SAFMR $1,220 (2.013× ACS median gross rent).

Population

4,719 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.1%.

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: 1 properties, 88 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 74 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 32324 29.8% of occupied households are renters; vacancy is 20.7%; ACS median gross rent is $606; population changed -0.1% between the 2018 and 2023 ACS vintages; the housing stock includes 76 units in 2–4-unit structures and 160 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,220 versus ACS median gross rent of $606. 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 32324 is a Census / HUD profile for Tallahassee, 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 32324?

ZIP 32324 (Tallahassee, FL HUD Metro FMR Area) has 4,719 residents, 1,505 households, a renter share of 29.8%, median household income of $42,607, and ACS 2023 median gross rent of $606. Vacancy is 20.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32324?

ACS counts 55 units in 2-unit buildings, 21 in 3–4 unit buildings, 78 in 5–9, 82 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 236 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32324?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,220. See the full schedule and 90–110% payment-standard band on the ZIP 32324 — Chattahoochee, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32324 is Census / HUD research for Tallahassee, 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.