Housing market/Florida/ZIP 33907

ACS 2023 · FY2027 SAFMR

ZIP 33907 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
24,828
Households
11,132
Median HH income
$49,826
Renter share
56.8%
Median gross rent
$1,502
Vacancy
21.2%
Pop. change
+2.6%
2BR SAFMR
$1,850
SAFMR / rent
1.232×
2–49 unit stock
7,828
LIHTC proj / units
1 / 204
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 33907 · FL — sent to you.

ZIP 33907 · FL

ACS median rent$1,502
2BR SAFMR$1,850
90% floor$1,665
110% ceiling$2,035

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

Housing stock

ACS 2023 units-in-structure · ZCTA 33907

  • 1-unit detached2,88120.4%
  • 1-unit attached1,3809.8%
  • 2–4 units2,71519.2%
  • 5–49 units5,11336.2%
  • 50+ units1,88813.4%
  • Mobile1481.0%
TypeUnitsShare
1-unit detached2,88120.4%
1-unit attached1,3809.8%
2 units (duplex)6974.9%
3–4 units2,01814.3%
5–9 units1,3049.2%
10–19 units2,75719.5%
20–49 units1,0527.4%
50+ units1,88813.4%
Mobile1481.0%

2–4 unit share 19.2% · 5–49 unit share 36.2% · combined 2–49 55.4%.

Units by bedrooms

Studio
689
1BR
2,317
2BR
7,313
3BR
3,032
4BR
734
5+
40

Rent burden

Rent ≥30% of income59.0%
Rent ≥50% of income28.7%
  • ACS median gross rent $1,502 (all bedrooms, occupied rentals).
  • Median contract rent $1,330.
  • Renters paying ≥30% of income 59.0%; ≥50% 28.7%.
  • FY2027 2BR SAFMR $1,850 (1.232× ACS median gross rent).

Population

24,828 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.6%.

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

Assisted inventory

  • LIHTC: 1 projects, 204 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 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 33907 56.8% of occupied households are renters; vacancy is 21.2%; ACS median gross rent is $1,502; population increased +2.6% between the 2018 and 2023 ACS vintages; the housing stock includes 2,715 units in 2–4-unit structures and 5,113 units in 5–49-unit structures; 1 LIHTC projects totaling 204 units; FY2027 2BR SAFMR is $1,850 versus ACS median gross rent of $1,502. 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 33907 is a Census / HUD profile for Cape Coral-Fort Myers, 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 33907?

ZIP 33907 (Cape Coral-Fort Myers, FL MSA) has 24,828 residents, 11,132 households, a renter share of 56.8%, median household income of $49,826, and ACS 2023 median gross rent of $1,502. Vacancy is 21.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33907?

ACS counts 697 units in 2-unit buildings, 2,018 in 3–4 unit buildings, 1,304 in 5–9, 2,757 in 10–19, and 1,052 in 20–49. Combined 2–49 unit stock is 7,828 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33907?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,850. See the full schedule and 90–110% payment-standard band on the ZIP 33907 — Fort Myers, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33907 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.