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Housing market/Florida/ZIP 33032

ACS 2023 · FY2027 SAFMR

ZIP 33032 Homestead, Florida

Miami-Miami Beach-Kendall, 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
62,021
Households
18,300
Median HH income
$74,995
Renter share
40.7%
Median gross rent
$1,626
Vacancy
4.2%
Pop. change
+31.8%
2BR SAFMR
$2,360
SAFMR / rent
1.451×
2–49 unit stock
4,392
LIHTC proj / units
16 / 2,748
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 33032 · FL — sent to you.

ZIP 33032 · FL

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ACS rent vs 2BR SAFMR

ZIP 33032 — Homestead, FL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,626
2BR SAFMR$2,360
90% floor$2,124
110% ceiling$2,596

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

Housing stock

ACS 2023 units-in-structure · ZCTA 33032

  • 1-unit detached10,27953.8%
  • 1-unit attached3,30217.3%
  • 2–4 units6473.4%
  • 5–49 units3,74519.6%
  • 50+ units1,0315.4%
  • Mobile980.5%
TypeUnitsShare
1-unit detached10,27953.8%
1-unit attached3,30217.3%
2 units (duplex)1871.0%
3–4 units4602.4%
5–9 units7543.9%
10–19 units1,8209.5%
20–49 units1,1716.1%
50+ units1,0315.4%
Mobile980.5%

2–4 unit share 3.4% · 5–49 unit share 19.6% · combined 2–49 23.0%.

Units by bedrooms

Studio
197
1BR
1,106
2BR
3,944
3BR
8,040
4BR
5,243
5+
572

Rent burden

Rent ≥30% of income56.8%
Rent ≥50% of income35.8%
  • ACS median gross rent $1,626 (all bedrooms, occupied rentals).
  • Median contract rent $1,437.
  • Renters paying ≥30% of income 56.8%; ≥50% 35.8%.
  • FY2027 2BR SAFMR $2,360 (1.451× ACS median gross rent).

Population

62,021 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +31.8%.

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

Assisted inventory

  • LIHTC: 16 projects, 2,748 units.
  • 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 13,292 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 33032 40.7% of occupied households are renters; vacancy is 4.2%; ACS median gross rent is $1,626; population increased +31.8% between the 2018 and 2023 ACS vintages; the housing stock includes 647 units in 2–4-unit structures and 3,745 units in 5–49-unit structures; 16 LIHTC projects totaling 2,748 units; FY2027 2BR SAFMR is $2,360 versus ACS median gross rent of $1,626. 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 33032 is a Census / HUD profile for Miami-Miami Beach-Kendall, FL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 33032 — Homestead, FL HUD Section 8 Payment Standards / SAFMR·Florida ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
33002Miami-Miami Beach-Kendall, FL HUD Metro FMR Area——$2,56033010Miami-Miami Beach-Kendall, FL HUD Metro FMR Area69.5%$1,318$2,26033011Miami-Miami Beach-Kendall, FL HUD Metro FMR Area——$2,56033012Miami-Miami Beach-Kendall, FL HUD Metro FMR Area52.1%$1,562$2,51033013Miami-Miami Beach-Kendall, FL HUD Metro FMR Area37.8%$1,488$2,27033014Miami-Miami Beach-Kendall, FL HUD Metro FMR Area56.1%$1,720$2,70033015Miami-Miami Beach-Kendall, FL HUD Metro FMR Area46.3%$1,841$2,86033016Miami-Miami Beach-Kendall, FL HUD Metro FMR Area50.3%$1,753$2,67033017Miami-Miami Beach-Kendall, FL HUD Metro FMR Area——$2,56033018Miami-Miami Beach-Kendall, FL HUD Metro FMR Area27.8%$2,066$2,83033023Miami-Miami Beach-Kendall, FL HUD Metro FMR Area34.7%$1,621$2,01033030Miami-Miami Beach-Kendall, FL HUD Metro FMR Area59.8%$1,307$2,050

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 33032?

ZIP 33032 (Miami-Miami Beach-Kendall, FL HUD Metro FMR Area) has 62,021 residents, 18,300 households, a renter share of 40.7%, median household income of $74,995, and ACS 2023 median gross rent of $1,626. Vacancy is 4.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33032?

ACS counts 187 units in 2-unit buildings, 460 in 3–4 unit buildings, 754 in 5–9, 1,820 in 10–19, and 1,171 in 20–49. Combined 2–49 unit stock is 4,392 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33032?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,360. See the full schedule and 90–110% payment-standard band on the ZIP 33032 — Homestead, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33032 is Census / HUD research for Miami-Miami Beach-Kendall, 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.