Housing market/Florida/ZIP 32570

ACS 2023 · FY2027 SAFMR

ZIP 32570 Milton, 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
35,751
Households
14,033
Median HH income
$73,615
Renter share
31.6%
Median gross rent
$1,233
Vacancy
8.8%
Pop. change
+16.2%
2BR SAFMR
$1,560
SAFMR / rent
1.265×
2–49 unit stock
1,691
LIHTC proj / units
3 / 161
HUD assisted MF
1 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32570 · FL — sent to you.

ZIP 32570 · FL

ACS median rent$1,233
2BR SAFMR$1,560
90% floor$1,404
110% ceiling$1,716

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32570

  • 1-unit detached12,29679.9%
  • 1-unit attached1450.9%
  • 2–4 units9706.3%
  • 5–49 units7214.7%
  • 50+ units1310.9%
  • Mobile1,1197.3%
TypeUnitsShare
1-unit detached12,29679.9%
1-unit attached1450.9%
2 units (duplex)4532.9%
3–4 units5173.4%
5–9 units3522.3%
10–19 units2661.7%
20–49 units1030.7%
50+ units1310.9%
Mobile1,1197.3%

2–4 unit share 6.3% · 5–49 unit share 4.7% · combined 2–49 11.0%.

Units by bedrooms

Studio
105
1BR
734
2BR
2,646
3BR
7,833
4BR
3,555
5+
514

Rent burden

Rent ≥30% of income36.0%
Rent ≥50% of income16.9%
  • ACS median gross rent $1,233 (all bedrooms, occupied rentals).
  • Median contract rent $1,045.
  • Renters paying ≥30% of income 36.0%; ≥50% 16.9%.
  • FY2027 2BR SAFMR $1,560 (1.265× ACS median gross rent).

Population

35,751 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +16.2%.

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

Assisted inventory

  • LIHTC: 3 projects, 161 units.
  • HUD project-based assisted MF: 1 properties, 50 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 32570 31.6% of occupied households are renters; vacancy is 8.8%; ACS median gross rent is $1,233; population increased +16.2% between the 2018 and 2023 ACS vintages; the housing stock includes 970 units in 2–4-unit structures and 721 units in 5–49-unit structures; 3 LIHTC projects totaling 161 units; FY2027 2BR SAFMR is $1,560 versus ACS median gross rent of $1,233. 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 32570 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 32570?

ZIP 32570 (Pensacola-Ferry Pass-Brent, FL MSA) has 35,751 residents, 14,033 households, a renter share of 31.6%, median household income of $73,615, and ACS 2023 median gross rent of $1,233. Vacancy is 8.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32570?

ACS counts 453 units in 2-unit buildings, 517 in 3–4 unit buildings, 352 in 5–9, 266 in 10–19, and 103 in 20–49. Combined 2–49 unit stock is 1,691 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32570?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,560. See the full schedule and 90–110% payment-standard band on the ZIP 32570 — Milton, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32570 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.