Housing market/Florida/ZIP 33616

ACS 2023 · FY2027 SAFMR

ZIP 33616 Tampa, Florida

Tampa-St. Petersburg-Clearwater, 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
14,789
Households
6,488
Median HH income
$88,971
Renter share
50.5%
Median gross rent
$1,794
Vacancy
8.2%
Pop. change
-8.4%
2BR SAFMR
$2,310
SAFMR / rent
1.288×
2–49 unit stock
2,299
LIHTC proj / units
3 / 668
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 33616 · FL — sent to you.

ZIP 33616 · FL

ACS median rent$1,794
2BR SAFMR$2,310
90% floor$2,079
110% ceiling$2,541

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

Housing stock

ACS 2023 units-in-structure · ZCTA 33616

  • 1-unit detached3,50949.8%
  • 1-unit attached4005.7%
  • 2–4 units6849.7%
  • 5–49 units1,61522.9%
  • 50+ units82211.7%
  • Mobile180.3%
TypeUnitsShare
1-unit detached3,50949.6%
1-unit attached4005.7%
2 units (duplex)2934.1%
3–4 units3915.5%
5–9 units5567.9%
10–19 units5858.3%
20–49 units4746.7%
50+ units82211.6%
Mobile180.3%

2–4 unit share 9.7% · 5–49 unit share 22.8% · combined 2–49 32.5%.

Units by bedrooms

Studio
119
1BR
971
2BR
1,864
3BR
2,915
4BR
1,014
5+
185

Rent burden

Rent ≥30% of income45.2%
Rent ≥50% of income19.1%
  • ACS median gross rent $1,794 (all bedrooms, occupied rentals).
  • Median contract rent $1,647.
  • Renters paying ≥30% of income 45.2%; ≥50% 19.1%.
  • FY2027 2BR SAFMR $2,310 (1.288× ACS median gross rent).

Population

14,789 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.4%.

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

Assisted inventory

  • LIHTC: 3 projects, 668 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 4,357 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 33616 50.5% of occupied households are renters; vacancy is 8.2%; ACS median gross rent is $1,794; population changed -8.4% between the 2018 and 2023 ACS vintages; the housing stock includes 684 units in 2–4-unit structures and 1,615 units in 5–49-unit structures; 3 LIHTC projects totaling 668 units; FY2027 2BR SAFMR is $2,310 versus ACS median gross rent of $1,794. 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 33616 is a Census / HUD profile for Tampa-St. Petersburg-Clearwater, 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 33616?

ZIP 33616 (Tampa-St. Petersburg-Clearwater, FL MSA) has 14,789 residents, 6,488 households, a renter share of 50.5%, median household income of $88,971, and ACS 2023 median gross rent of $1,794. Vacancy is 8.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33616?

ACS counts 293 units in 2-unit buildings, 391 in 3–4 unit buildings, 556 in 5–9, 585 in 10–19, and 474 in 20–49. Combined 2–49 unit stock is 2,299 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33616?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,310. See the full schedule and 90–110% payment-standard band on the ZIP 33616 — Tampa, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33616 is Census / HUD research for Tampa-St. Petersburg-Clearwater, 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.