Housing market/Florida/ZIP 32955

ACS 2023 · FY2027 SAFMR

ZIP 32955 Rockledge, 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
40,413
Households
16,506
Median HH income
$85,133
Renter share
22.7%
Median gross rent
$1,656
Vacancy
14.4%
Pop. change
+3.3%
2BR SAFMR
$1,970
SAFMR / rent
1.190×
2–49 unit stock
3,859
LIHTC proj / units
2 / 482
HUD assisted MF
2 / 39

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32955 · FL — sent to you.

ZIP 32955 · FL

ACS median rent$1,656
2BR SAFMR$1,970
90% floor$1,773
110% ceiling$2,167

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32955

  • 1-unit detached13,84871.8%
  • 1-unit attached8354.3%
  • 2–4 units5562.9%
  • 5–49 units3,30317.1%
  • 50+ units1881.0%
  • Mobile5512.9%
TypeUnitsShare
1-unit detached13,84871.8%
1-unit attached8354.3%
2 units (duplex)3351.7%
3–4 units2211.1%
5–9 units9154.7%
10–19 units1,0675.5%
20–49 units1,3216.9%
50+ units1881.0%
Mobile5512.9%

2–4 unit share 2.9% · 5–49 unit share 17.1% · combined 2–49 20.0%.

Units by bedrooms

Studio
168
1BR
857
2BR
3,847
3BR
8,347
4BR
5,160
5+
902

Rent burden

Rent ≥30% of income50.3%
Rent ≥50% of income27.0%
  • ACS median gross rent $1,656 (all bedrooms, occupied rentals).
  • Median contract rent $1,407.
  • Renters paying ≥30% of income 50.3%; ≥50% 27.0%.
  • FY2027 2BR SAFMR $1,970 (1.190× ACS median gross rent).

Population

40,413 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.3%.

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

Assisted inventory

  • LIHTC: 2 projects, 482 units.
  • HUD project-based assisted MF: 2 properties, 39 assisted units.
  • 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 32955 22.7% of occupied households are renters; vacancy is 14.4%; ACS median gross rent is $1,656; population increased +3.3% between the 2018 and 2023 ACS vintages; the housing stock includes 556 units in 2–4-unit structures and 3,303 units in 5–49-unit structures; 2 LIHTC projects totaling 482 units; FY2027 2BR SAFMR is $1,970 versus ACS median gross rent of $1,656. 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 32955 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 32955?

ZIP 32955 (Palm Bay-Melbourne-Titusville, FL MSA) has 40,413 residents, 16,506 households, a renter share of 22.7%, median household income of $85,133, and ACS 2023 median gross rent of $1,656. Vacancy is 14.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32955?

ACS counts 335 units in 2-unit buildings, 221 in 3–4 unit buildings, 915 in 5–9, 1,067 in 10–19, and 1,321 in 20–49. Combined 2–49 unit stock is 3,859 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32955?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,970. See the full schedule and 90–110% payment-standard band on the ZIP 32955 — Rockledge, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32955 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.