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Housing market/Florida/ZIP 33903

ACS 2023 · FY2027 SAFMR

ZIP 33903 North Fort Myers, Florida

Cape Coral-Fort Myers, 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
23,199
Households
11,671
Median HH income
$56,317
Renter share
17.3%
Median gross rent
$1,152
Vacancy
24.2%
Pop. change
+4.9%
2BR SAFMR
$1,770
SAFMR / rent
1.536×
2–49 unit stock
2,386
LIHTC proj / units
—
HUD assisted MF
4 / 163

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 33903 · FL — sent to you.

ZIP 33903 · FL

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ACS rent vs 2BR SAFMR

ZIP 33903 — North Fort Myers, FL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,152
2BR SAFMR$1,770
90% floor$1,593
110% ceiling$1,947

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

Housing stock

ACS 2023 units-in-structure · ZCTA 33903

  • 1-unit detached4,94832.3%
  • 1-unit attached5173.4%
  • 2–4 units8965.9%
  • 5–49 units1,4909.7%
  • 50+ units4913.2%
  • Mobile6,96345.5%
TypeUnitsShare
1-unit detached4,94832.1%
1-unit attached5173.4%
2 units (duplex)4312.8%
3–4 units4653.0%
5–9 units6574.3%
10–19 units4653.0%
20–49 units3682.4%
50+ units4913.2%
Mobile6,96345.2%

2–4 unit share 5.8% · 5–49 unit share 9.7% · combined 2–49 15.5%.

Units by bedrooms

Studio
219
1BR
1,479
2BR
9,777
3BR
2,862
4BR
743
5+
320

Rent burden

Rent ≥30% of income43.2%
Rent ≥50% of income22.0%
  • ACS median gross rent $1,152 (all bedrooms, occupied rentals).
  • Median contract rent $941.
  • Renters paying ≥30% of income 43.2%; ≥50% 22.0%.
  • FY2027 2BR SAFMR $1,770 (1.536× ACS median gross rent).

Population

23,199 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.9%.

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: 4 properties, 163 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 3,385 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 33903 17.3% of occupied households are renters; vacancy is 24.2%; ACS median gross rent is $1,152; population increased +4.9% between the 2018 and 2023 ACS vintages; the housing stock includes 896 units in 2–4-unit structures and 1,490 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,770 versus ACS median gross rent of $1,152. 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 33903 is a Census / HUD profile for Cape Coral-Fort Myers, FL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 33903 — North Fort Myers, FL HUD Section 8 Payment Standards / SAFMR·Florida ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
33901Cape Coral-Fort Myers, FL MSA55.7%$1,291$1,77033902Cape Coral-Fort Myers, FL MSA——$1,84033904Cape Coral-Fort Myers, FL MSA23.1%$1,665$1,88033905Cape Coral-Fort Myers, FL MSA35.7%$1,509$1,77033906Cape Coral-Fort Myers, FL MSA——$1,84033907Cape Coral-Fort Myers, FL MSA56.8%$1,502$1,85033908Cape Coral-Fort Myers, FL MSA27.7%$1,829$2,09033909Cape Coral-Fort Myers, FL MSA27.5%$1,773$2,04033910Cape Coral-Fort Myers, FL MSA——$1,84033912Cape Coral-Fort Myers, FL MSA13.2%$1,653$1,97033913Cape Coral-Fort Myers, FL MSA9.5%$1,914$2,22033914Cape Coral-Fort Myers, FL MSA20.4%$1,714$2,000

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 33903?

ZIP 33903 (Cape Coral-Fort Myers, FL MSA) has 23,199 residents, 11,671 households, a renter share of 17.3%, median household income of $56,317, and ACS 2023 median gross rent of $1,152. Vacancy is 24.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33903?

ACS counts 431 units in 2-unit buildings, 465 in 3–4 unit buildings, 657 in 5–9, 465 in 10–19, and 368 in 20–49. Combined 2–49 unit stock is 2,386 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33903?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,770. See the full schedule and 90–110% payment-standard band on the ZIP 33903 — North Fort Myers, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33903 is Census / HUD research for Cape Coral-Fort Myers, 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.