Housing market/Florida/ZIP 32580

ACS 2023 · FY2027 SAFMR

ZIP 32580 Valparaiso, Florida

Crestview-Fort Walton Beach-Destin, 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
4,117
Households
1,686
Median HH income
$85,385
Renter share
34.2%
Median gross rent
$1,268
Vacancy
12.9%
Pop. change
-5.7%
2BR SAFMR
$1,670
SAFMR / rent
1.317×
2–49 unit stock
203
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32580 · FL — sent to you.

ZIP 32580 · FL

ACS median rent$1,268
2BR SAFMR$1,670
90% floor$1,503
110% ceiling$1,837

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32580

  • 1-unit detached1,66486.0%
  • 1-unit attached522.7%
  • 2–4 units20310.5%
  • Mobile170.9%
TypeUnitsShare
1-unit detached1,66486.0%
1-unit attached522.7%
2 units (duplex)1357.0%
3–4 units683.5%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile170.9%

2–4 unit share 10.5% · 5–49 unit share 0.0% · combined 2–49 10.5%.

Units by bedrooms

Studio
0
1BR
39
2BR
374
3BR
1,053
4BR
470
5+
0

Rent burden

Rent ≥30% of income36.2%
Rent ≥50% of income13.9%
  • ACS median gross rent $1,268 (all bedrooms, occupied rentals).
  • Median contract rent $930.
  • Renters paying ≥30% of income 36.2%; ≥50% 13.9%.
  • FY2027 2BR SAFMR $1,670 (1.317× ACS median gross rent).

Population

4,117 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.7%.

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: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 5 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 32580 34.2% of occupied households are renters; vacancy is 12.9%; ACS median gross rent is $1,268; population changed -5.7% between the 2018 and 2023 ACS vintages; the housing stock includes 203 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,670 versus ACS median gross rent of $1,268. 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 32580 is a Census / HUD profile for Crestview-Fort Walton Beach-Destin, 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 32580?

ZIP 32580 (Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area) has 4,117 residents, 1,686 households, a renter share of 34.2%, median household income of $85,385, and ACS 2023 median gross rent of $1,268. Vacancy is 12.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32580?

ACS counts 135 units in 2-unit buildings, 68 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 203 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32580?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,670. See the full schedule and 90–110% payment-standard band on the ZIP 32580 — Valparaiso, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32580 is Census / HUD research for Crestview-Fort Walton Beach-Destin, 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.