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Housing market/Florida/ZIP 33411

ACS 2023 · FY2027 SAFMR

ZIP 33411 West Palm Beach, Florida

West Palm Beach-Boca Raton, 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
75,299
Households
28,173
Median HH income
$89,329
Renter share
23.5%
Median gross rent
$1,887
Vacancy
6.3%
Pop. change
+5.2%
2BR SAFMR
$2,450
SAFMR / rent
1.298×
2–49 unit stock
7,629
LIHTC proj / units
4 / 1,353
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 33411 · FL — sent to you.

ZIP 33411 · FL

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ACS rent vs 2BR SAFMR

ZIP 33411 — West Palm Beach, FL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,887
2BR SAFMR$2,450
90% floor$2,205
110% ceiling$2,695

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

Housing stock

ACS 2023 units-in-structure · ZCTA 33411

  • 1-unit detached17,32257.6%
  • 1-unit attached4,40914.7%
  • 2–4 units1,4434.8%
  • 5–49 units6,18620.6%
  • 50+ units3061.0%
  • Mobile3861.3%
TypeUnitsShare
1-unit detached17,32257.6%
1-unit attached4,40914.7%
2 units (duplex)1350.4%
3–4 units1,3084.4%
5–9 units2,6128.7%
10–19 units2,4268.1%
20–49 units1,1483.8%
50+ units3061.0%
Mobile3861.3%

2–4 unit share 4.8% · 5–49 unit share 20.6% · combined 2–49 25.4%.

Units by bedrooms

Studio
176
1BR
2,073
2BR
7,617
3BR
13,856
4BR
4,973
5+
1,368

Rent burden

Rent ≥30% of income55.6%
Rent ≥50% of income30.7%
  • ACS median gross rent $1,887 (all bedrooms, occupied rentals).
  • Median contract rent $1,697.
  • Renters paying ≥30% of income 55.6%; ≥50% 30.7%.
  • FY2027 2BR SAFMR $2,450 (1.298× ACS median gross rent).

Population

75,299 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.2%.

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

Assisted inventory

  • LIHTC: 4 projects, 1,353 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 1,503 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 33411 23.5% of occupied households are renters; vacancy is 6.3%; ACS median gross rent is $1,887; population increased +5.2% between the 2018 and 2023 ACS vintages; the housing stock includes 1,443 units in 2–4-unit structures and 6,186 units in 5–49-unit structures; 4 LIHTC projects totaling 1,353 units; FY2027 2BR SAFMR is $2,450 versus ACS median gross rent of $1,887. 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 33411 is a Census / HUD profile for West Palm Beach-Boca Raton, FL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 33411 — West Palm Beach, FL HUD Section 8 Payment Standards / SAFMR·Florida ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
33401West Palm Beach-Boca Raton, FL HUD Metro FMR Area62.9%$1,774$2,30033402West Palm Beach-Boca Raton, FL HUD Metro FMR Area——$2,35033403West Palm Beach-Boca Raton, FL HUD Metro FMR Area52.2%$1,426$1,90033404West Palm Beach-Boca Raton, FL HUD Metro FMR Area43.6%$1,507$1,85033405West Palm Beach-Boca Raton, FL HUD Metro FMR Area41.5%$1,432$1,93033406West Palm Beach-Boca Raton, FL HUD Metro FMR Area35.7%$1,677$2,17033407West Palm Beach-Boca Raton, FL HUD Metro FMR Area52.4%$1,551$2,21033408West Palm Beach-Boca Raton, FL HUD Metro FMR Area24.6%$1,885$2,42033409West Palm Beach-Boca Raton, FL HUD Metro FMR Area53.3%$1,633$2,30033410West Palm Beach-Boca Raton, FL HUD Metro FMR Area27.7%$2,193$2,71033412West Palm Beach-Boca Raton, FL HUD Metro FMR Area13.8%$1,902$2,64033413West Palm Beach-Boca Raton, FL HUD Metro FMR Area33.0%$2,016$2,600

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 33411?

ZIP 33411 (West Palm Beach-Boca Raton, FL HUD Metro FMR Area) has 75,299 residents, 28,173 households, a renter share of 23.5%, median household income of $89,329, and ACS 2023 median gross rent of $1,887. Vacancy is 6.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33411?

ACS counts 135 units in 2-unit buildings, 1,308 in 3–4 unit buildings, 2,612 in 5–9, 2,426 in 10–19, and 1,148 in 20–49. Combined 2–49 unit stock is 7,629 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33411?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,450. See the full schedule and 90–110% payment-standard band on the ZIP 33411 — West Palm Beach, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33411 is Census / HUD research for West Palm Beach-Boca Raton, 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.