Housing market/Florida/ZIP 33850

ACS 2023 · FY2027 SAFMR

ZIP 33850 Lake Alfred, Florida

Lakeland-Winter Haven, 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
9,825
Households
3,921
Median HH income
$53,877
Renter share
26.4%
Median gross rent
$1,072
Vacancy
20.7%
Pop. change
+25.9%
2BR SAFMR
$1,350
SAFMR / rent
1.259×
2–49 unit stock
338
LIHTC proj / units
—
HUD assisted MF
1 / 30

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 33850 · FL — sent to you.

ZIP 33850 · FL

ACS median rent$1,072
2BR SAFMR$1,350
90% floor$1,215
110% ceiling$1,485

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

Housing stock

ACS 2023 units-in-structure · ZCTA 33850

  • 1-unit detached2,68055.2%
  • 1-unit attached1332.7%
  • 2–4 units2334.8%
  • 5–49 units1052.2%
  • 50+ units541.1%
  • Mobile1,64633.9%
TypeUnitsShare
1-unit detached2,68054.2%
1-unit attached1332.7%
2 units (duplex)1172.4%
3–4 units1162.3%
5–9 units1052.1%
10–19 units00.0%
20–49 units00.0%
50+ units541.1%
Mobile1,64633.3%

2–4 unit share 4.7% · 5–49 unit share 2.1% · combined 2–49 6.8%.

Units by bedrooms

Studio
96
1BR
193
2BR
2,002
3BR
1,821
4BR
741
5+
94

Rent burden

Rent ≥30% of income74.6%
Rent ≥50% of income41.9%
  • ACS median gross rent $1,072 (all bedrooms, occupied rentals).
  • Median contract rent $798.
  • Renters paying ≥30% of income 74.6%; ≥50% 41.9%.
  • FY2027 2BR SAFMR $1,350 (1.259× ACS median gross rent).

Population

9,825 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +25.9%.

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: 1 properties, 30 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,336 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 33850 26.4% of occupied households are renters; vacancy is 20.7%; ACS median gross rent is $1,072; population increased +25.9% between the 2018 and 2023 ACS vintages; the housing stock includes 233 units in 2–4-unit structures and 105 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,350 versus ACS median gross rent of $1,072. 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 33850 is a Census / HUD profile for Lakeland-Winter Haven, 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 33850?

ZIP 33850 (Lakeland-Winter Haven, FL MSA) has 9,825 residents, 3,921 households, a renter share of 26.4%, median household income of $53,877, and ACS 2023 median gross rent of $1,072. Vacancy is 20.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33850?

ACS counts 117 units in 2-unit buildings, 116 in 3–4 unit buildings, 105 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 338 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33850?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,350. See the full schedule and 90–110% payment-standard band on the ZIP 33850 — Lake Alfred, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33850 is Census / HUD research for Lakeland-Winter Haven, 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.