Housing market/Florida/ZIP 32507

ACS 2023 · FY2027 SAFMR

ZIP 32507 Pensacola, Florida

Pensacola-Ferry Pass-Brent, FL MSA · Florida. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
32,752
Households
13,608
Median HH income
$69,802
Renter share
35.5%
Median gross rent
$1,238
Vacancy
28.9%
Pop. change
+4.7%
2BR SAFMR
$1,530
SAFMR / rent
1.236×
2–49 unit stock
3,847
LIHTC proj / units
1 / 160
HUD assisted MF
1 / 200

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32507 · FL — sent to you.

ZIP 32507 · FL

ACS median rent$1,238
2BR SAFMR$1,530
90% floor$1,377
110% ceiling$1,683

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32507

  • 1-unit detached11,59260.7%
  • 1-unit attached5572.9%
  • 2–4 units1,1396.0%
  • 5–49 units2,70814.2%
  • 50+ units1,96210.3%
  • Mobile1,1255.9%
TypeUnitsShare
1-unit detached11,59260.6%
1-unit attached5572.9%
2 units (duplex)6843.6%
3–4 units4552.4%
5–9 units5562.9%
10–19 units8524.5%
20–49 units1,3006.8%
50+ units1,96210.3%
Mobile1,1255.9%

2–4 unit share 6.0% · 5–49 unit share 14.2% · combined 2–49 20.1%.

Units by bedrooms

Studio
152
1BR
1,127
2BR
5,597
3BR
8,468
4BR
3,381
5+
406

Rent burden

Rent ≥30% of income49.9%
Rent ≥50% of income22.6%
  • ACS median gross rent $1,238 (all bedrooms, occupied rentals).
  • Median contract rent $1,038.
  • Renters paying ≥30% of income 49.9%; ≥50% 22.6%.
  • FY2027 2BR SAFMR $1,530 (1.236× ACS median gross rent).

Population

32,752 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.7%.

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

Assisted inventory

  • LIHTC: 1 projects, 160 units.
  • HUD project-based assisted MF: 1 properties, 200 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 32 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 32507 35.5% of occupied households are renters; vacancy is 28.9%; ACS median gross rent is $1,238; population increased +4.7% between the 2018 and 2023 ACS vintages; the housing stock includes 1,139 units in 2–4-unit structures and 2,708 units in 5–49-unit structures; 1 LIHTC projects totaling 160 units; FY2027 2BR SAFMR is $1,530 versus ACS median gross rent of $1,238. 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 32507 is a Census / HUD profile for Pensacola-Ferry Pass-Brent, 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 32507?

ZIP 32507 (Pensacola-Ferry Pass-Brent, FL MSA) has 32,752 residents, 13,608 households, a renter share of 35.5%, median household income of $69,802, and ACS 2023 median gross rent of $1,238. Vacancy is 28.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32507?

ACS counts 684 units in 2-unit buildings, 455 in 3–4 unit buildings, 556 in 5–9, 852 in 10–19, and 1,300 in 20–49. Combined 2–49 unit stock is 3,847 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32507?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,530. See the full schedule and 90–110% payment-standard band on the ZIP 32507 — Pensacola, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32507 is Census / HUD research for Pensacola-Ferry Pass-Brent, FL MSA. 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.