Housing market/Florida/ZIP 32343

ACS 2023 · FY2027 SAFMR

ZIP 32343 Midway, 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
3,583
Households
1,254
Median HH income
$60,735
Renter share
11.7%
Median gross rent
$1,002
Vacancy
4.1%
Pop. change
+8.5%
2BR SAFMR
$1,260
SAFMR / rent
1.257×
2–49 unit stock
62
LIHTC proj / units
1 / 96
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32343 · FL — sent to you.

ZIP 32343 · FL

ACS median rent$1,002
2BR SAFMR$1,260
90% floor$1,134
110% ceiling$1,386

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32343

  • 1-unit detached1,04379.7%
  • 2–4 units241.8%
  • 5–49 units382.9%
  • Mobile20315.5%
TypeUnitsShare
1-unit detached1,04379.7%
1-unit attached00.0%
2 units (duplex)241.8%
3–4 units00.0%
5–9 units382.9%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile20315.5%

2–4 unit share 1.8% · 5–49 unit share 2.9% · combined 2–49 4.7%.

Units by bedrooms

Studio
0
1BR
37
2BR
185
3BR
969
4BR
117
5+
0

Rent burden

Rent ≥30% of income63.3%
Rent ≥50% of income40.8%
  • ACS median gross rent $1,002 (all bedrooms, occupied rentals).
  • Median contract rent $802.
  • Renters paying ≥30% of income 63.3%; ≥50% 40.8%.
  • FY2027 2BR SAFMR $1,260 (1.257× ACS median gross rent).

Population

3,583 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: 1 projects, 96 units.
  • 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 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 32343 11.7% of occupied households are renters; vacancy is 4.1%; ACS median gross rent is $1,002; population increased +8.5% between the 2018 and 2023 ACS vintages; the housing stock includes 24 units in 2–4-unit structures and 38 units in 5–49-unit structures; 1 LIHTC projects totaling 96 units; FY2027 2BR SAFMR is $1,260 versus ACS median gross rent of $1,002. 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 32343 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 32343?

ZIP 32343 (Tallahassee, FL HUD Metro FMR Area) has 3,583 residents, 1,254 households, a renter share of 11.7%, median household income of $60,735, and ACS 2023 median gross rent of $1,002. Vacancy is 4.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32343?

ACS counts 24 units in 2-unit buildings, 0 in 3–4 unit buildings, 38 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 62 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32343?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,260. See the full schedule and 90–110% payment-standard band on the ZIP 32343 — Midway, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32343 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.