Housing market/Florida/ZIP 32920
ZIP 32920 Cape Canaveral, 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.
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HUD schedule, ACS stock, and the 90–110% band for ZIP 32920 · FL — sent to you.
ZIP 32920 · FL
ACS rent vs 2BR SAFMR
ZIP 32920 — Cape Canaveral, FL HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 32920
- 1-unit detached7708.8%
- 1-unit attached1,00211.4%
- 2–4 units1,09612.5%
- 5–49 units4,69153.4%
- 50+ units7358.4%
- Mobile4965.6%
2–4 unit share 12.4% · 5–49 unit share 52.9% · combined 2–49 65.2%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,161 (all bedrooms, occupied rentals).
- Median contract rent $945.
- Renters paying ≥30% of income 38.1%; ≥50% 16.3%.
- FY2027 2BR SAFMR $1,430 (1.232× ACS median gross rent).
Population
9,964 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -2.1%.
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 1,230 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 32920 38.9% of occupied households are renters; vacancy is 33.6%; ACS median gross rent is $1,161; population changed -2.1% between the 2018 and 2023 ACS vintages; the housing stock includes 1,096 units in 2–4-unit structures and 4,691 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,430 versus ACS median gross rent of $1,161. 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 32920 is a Census / HUD profile for Palm Bay-Melbourne-Titusville, FL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 32920 — Cape Canaveral, FL HUD Section 8 Payment Standards / SAFMR·Florida ZIP directory
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 32920?
ZIP 32920 (Palm Bay-Melbourne-Titusville, FL MSA) has 9,964 residents, 5,894 households, a renter share of 38.9%, median household income of $70,734, and ACS 2023 median gross rent of $1,161. Vacancy is 33.6%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 32920?
ACS counts 524 units in 2-unit buildings, 572 in 3–4 unit buildings, 1,010 in 5–9, 1,715 in 10–19, and 1,966 in 20–49. Combined 2–49 unit stock is 5,787 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 32920?
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 32920 — Cape Canaveral, FL HUD Section 8 Payment Standards / SAFMR.
Does this Florida ZIP profile include Georgia listings?
No. ZIP 32920 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.