Housing market/Florida/ZIP 32754

ACS 2023 · FY2027 SAFMR

ZIP 32754 Mims, Florida

Palm Bay-Melbourne-Titusville, 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
11,250
Households
4,498
Median HH income
$69,960
Renter share
8.0%
Median gross rent
$1,004
Vacancy
20.5%
Pop. change
+7.8%
2BR SAFMR
$1,430
SAFMR / rent
1.424×
2–49 unit stock
49
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32754 · FL — sent to you.

ZIP 32754 · FL

ACS median rent$1,004
2BR SAFMR$1,430
90% floor$1,287
110% ceiling$1,573

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32754

  • 1-unit detached3,69566.0%
  • 1-unit attached821.5%
  • 2–4 units400.7%
  • 5–49 units90.2%
  • Mobile1,77531.7%
TypeUnitsShare
1-unit detached3,69565.3%
1-unit attached821.4%
2 units (duplex)280.5%
3–4 units120.2%
5–9 units00.0%
10–19 units00.0%
20–49 units90.2%
50+ units00.0%
Mobile1,77531.4%

2–4 unit share 0.7% · 5–49 unit share 0.2% · combined 2–49 0.9%.

Units by bedrooms

Studio
67
1BR
113
2BR
1,193
3BR
3,315
4BR
887
5+
82

Rent burden

Rent ≥30% of income30.3%
Rent ≥50% of income23.3%
  • ACS median gross rent $1,004 (all bedrooms, occupied rentals).
  • Median contract rent $726.
  • Renters paying ≥30% of income 30.3%; ≥50% 23.3%.
  • FY2027 2BR SAFMR $1,430 (1.424× ACS median gross rent).

Population

11,250 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.8%.

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 1,194 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 32754 8.0% of occupied households are renters; vacancy is 20.5%; ACS median gross rent is $1,004; population increased +7.8% between the 2018 and 2023 ACS vintages; the housing stock includes 40 units in 2–4-unit structures and 9 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,430 versus ACS median gross rent of $1,004. 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 32754 is a Census / HUD profile for Palm Bay-Melbourne-Titusville, 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 32754?

ZIP 32754 (Palm Bay-Melbourne-Titusville, FL MSA) has 11,250 residents, 4,498 households, a renter share of 8.0%, median household income of $69,960, and ACS 2023 median gross rent of $1,004. Vacancy is 20.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32754?

ACS counts 28 units in 2-unit buildings, 12 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 9 in 20–49. Combined 2–49 unit stock is 49 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32754?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,430. See the full schedule and 90–110% payment-standard band on the ZIP 32754 — Mims, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32754 is Census / HUD research for Palm Bay-Melbourne-Titusville, 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.