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Housing market/Florida/ZIP 33928

ACS 2023 · FY2027 SAFMR

ZIP 33928 Estero, Florida

Naples-Marco Island, 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
30,786
Households
14,289
Median HH income
$100,264
Renter share
14.9%
Median gross rent
$1,959
Vacancy
31.4%
Pop. change
+24.7%
2BR SAFMR
$2,300
SAFMR / rent
1.174×
2–49 unit stock
5,573
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 33928 · FL — sent to you.

ZIP 33928 · FL

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ACS rent vs 2BR SAFMR

ZIP 33928 — Estero, FL HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,959
2BR SAFMR$2,300
90% floor$2,070
110% ceiling$2,530

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

Housing stock

ACS 2023 units-in-structure · ZCTA 33928

  • 1-unit detached9,61846.3%
  • 1-unit attached2,87413.8%
  • 2–4 units1,9239.2%
  • 5–49 units3,65017.6%
  • 50+ units3131.5%
  • Mobile2,41611.6%
TypeUnitsShare
1-unit detached9,61846.2%
1-unit attached2,87413.8%
2 units (duplex)3401.6%
3–4 units1,5837.6%
5–9 units1,1615.6%
10–19 units1,3536.5%
20–49 units1,1365.5%
50+ units3131.5%
Mobile2,41611.6%

2–4 unit share 9.2% · 5–49 unit share 17.5% · combined 2–49 26.7%.

Units by bedrooms

Studio
172
1BR
2,262
2BR
7,182
3BR
7,823
4BR
2,660
5+
736

Rent burden

Rent ≥30% of income49.5%
Rent ≥50% of income28.0%
  • ACS median gross rent $1,959 (all bedrooms, occupied rentals).
  • Median contract rent $1,870.
  • Renters paying ≥30% of income 49.5%; ≥50% 28.0%.
  • FY2027 2BR SAFMR $2,300 (1.174× ACS median gross rent).

Population

30,786 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +24.7%.

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: 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 33928 14.9% of occupied households are renters; vacancy is 31.4%; ACS median gross rent is $1,959; population increased +24.7% between the 2018 and 2023 ACS vintages; the housing stock includes 1,923 units in 2–4-unit structures and 3,650 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,300 versus ACS median gross rent of $1,959. 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 33928 is a Census / HUD profile for Naples-Marco Island, FL. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 33928 — Estero, FL HUD Section 8 Payment Standards / SAFMR·Florida ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
34101Naples-Marco Island, FL MSA——$2,04034102Naples-Marco Island, FL MSA25.1%$1,491$1,85034103Naples-Marco Island, FL MSA12.8%$2,039$2,34034104Naples-Marco Island, FL MSA32.5%$1,742$2,01034105Naples-Marco Island, FL MSA33.4%$2,041$2,26034106Naples-Marco Island, FL MSA——$2,04034107Naples-Marco Island, FL MSA——$2,04034108Naples-Marco Island, FL MSA14.4%$2,099$2,47034109Naples-Marco Island, FL MSA31.9%$1,873$2,18034110Naples-Marco Island, FL MSA25.4%$2,068$2,22034112Naples-Marco Island, FL MSA22.6%$1,529$1,84034113Naples-Marco Island, FL MSA27.2%$1,888$2,170

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 33928?

ZIP 33928 (Naples-Marco Island, FL MSA) has 30,786 residents, 14,289 households, a renter share of 14.9%, median household income of $100,264, and ACS 2023 median gross rent of $1,959. Vacancy is 31.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33928?

ACS counts 340 units in 2-unit buildings, 1,583 in 3–4 unit buildings, 1,161 in 5–9, 1,353 in 10–19, and 1,136 in 20–49. Combined 2–49 unit stock is 5,573 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33928?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,300. See the full schedule and 90–110% payment-standard band on the ZIP 33928 — Estero, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33928 is Census / HUD research for Naples-Marco Island, 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.