Housing market/Florida/ZIP 33908

ACS 2023 · FY2027 SAFMR

ZIP 33908 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
38,319
Households
19,836
Median HH income
$74,711
Renter share
27.7%
Median gross rent
$1,829
Vacancy
38.1%
Pop. change
+6.2%
2BR SAFMR
$2,090
SAFMR / rent
1.143×
2–49 unit stock
13,068
LIHTC proj / units
1 / 376
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 33908 · FL — sent to you.

ZIP 33908 · FL

ACS median rent$1,829
2BR SAFMR$2,090
90% floor$1,881
110% ceiling$2,299

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

Housing stock

ACS 2023 units-in-structure · ZCTA 33908

  • 1-unit detached9,77130.5%
  • 1-unit attached1,7835.6%
  • 2–4 units3,0469.5%
  • 5–49 units10,02231.3%
  • 50+ units2,1596.7%
  • Mobile5,25216.4%
TypeUnitsShare
1-unit detached9,77130.5%
1-unit attached1,7835.6%
2 units (duplex)7652.4%
3–4 units2,2817.1%
5–9 units2,9729.3%
10–19 units3,45210.8%
20–49 units3,59811.2%
50+ units2,1596.7%
Mobile5,25216.4%

2–4 unit share 9.5% · 5–49 unit share 31.3% · combined 2–49 40.8%.

Units by bedrooms

Studio
437
1BR
3,644
2BR
14,091
3BR
10,691
4BR
2,750
5+
454

Rent burden

Rent ≥30% of income58.4%
Rent ≥50% of income33.4%
  • ACS median gross rent $1,829 (all bedrooms, occupied rentals).
  • Median contract rent $1,702.
  • Renters paying ≥30% of income 58.4%; ≥50% 33.4%.
  • FY2027 2BR SAFMR $2,090 (1.143× ACS median gross rent).

Population

38,319 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.2%.

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

Assisted inventory

  • LIHTC: 1 projects, 376 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 33908 27.7% of occupied households are renters; vacancy is 38.1%; ACS median gross rent is $1,829; population increased +6.2% between the 2018 and 2023 ACS vintages; the housing stock includes 3,046 units in 2–4-unit structures and 10,022 units in 5–49-unit structures; 1 LIHTC projects totaling 376 units; FY2027 2BR SAFMR is $2,090 versus ACS median gross rent of $1,829. 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 33908 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 33908?

ZIP 33908 (Cape Coral-Fort Myers, FL MSA) has 38,319 residents, 19,836 households, a renter share of 27.7%, median household income of $74,711, and ACS 2023 median gross rent of $1,829. Vacancy is 38.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33908?

ACS counts 765 units in 2-unit buildings, 2,281 in 3–4 unit buildings, 2,972 in 5–9, 3,452 in 10–19, and 3,598 in 20–49. Combined 2–49 unit stock is 13,068 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33908?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,090. See the full schedule and 90–110% payment-standard band on the ZIP 33908 — Fort Myers, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33908 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.