Housing market/Florida/ZIP 34668

ACS 2023 · FY2027 SAFMR

ZIP 34668 Port Richey, Florida

Tampa-St. Petersburg-Clearwater, 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
48,025
Households
20,627
Median HH income
$45,760
Renter share
36.5%
Median gross rent
$1,278
Vacancy
13.6%
Pop. change
+1.5%
2BR SAFMR
$1,690
SAFMR / rent
1.322×
2–49 unit stock
3,194
LIHTC proj / units
5 / 662
HUD assisted MF
2 / 95

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 34668 · FL — sent to you.

ZIP 34668 · FL

ACS median rent$1,278
2BR SAFMR$1,690
90% floor$1,521
110% ceiling$1,859

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

Housing stock

ACS 2023 units-in-structure · ZCTA 34668

  • 1-unit detached16,75170.4%
  • 1-unit attached9243.9%
  • 2–4 units9173.9%
  • 5–49 units2,2779.6%
  • 50+ units8683.6%
  • Mobile2,0628.7%
TypeUnitsShare
1-unit detached16,75170.1%
1-unit attached9243.9%
2 units (duplex)2531.1%
3–4 units6642.8%
5–9 units1,1624.9%
10–19 units5942.5%
20–49 units5212.2%
50+ units8683.6%
Mobile2,0628.6%

2–4 unit share 3.8% · 5–49 unit share 9.5% · combined 2–49 13.4%.

Units by bedrooms

Studio
271
1BR
2,284
2BR
14,364
3BR
6,103
4BR
720
5+
141

Rent burden

Rent ≥30% of income58.8%
Rent ≥50% of income34.6%
  • ACS median gross rent $1,278 (all bedrooms, occupied rentals).
  • Median contract rent $1,063.
  • Renters paying ≥30% of income 58.8%; ≥50% 34.6%.
  • FY2027 2BR SAFMR $1,690 (1.322× ACS median gross rent).

Population

48,025 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.5%.

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

Assisted inventory

  • LIHTC: 5 projects, 662 units.
  • HUD project-based assisted MF: 2 properties, 95 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,555 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 34668 36.5% of occupied households are renters; vacancy is 13.6%; ACS median gross rent is $1,278; population increased +1.5% between the 2018 and 2023 ACS vintages; the housing stock includes 917 units in 2–4-unit structures and 2,277 units in 5–49-unit structures; 5 LIHTC projects totaling 662 units; FY2027 2BR SAFMR is $1,690 versus ACS median gross rent of $1,278. 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 34668 is a Census / HUD profile for Tampa-St. Petersburg-Clearwater, 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 34668?

ZIP 34668 (Tampa-St. Petersburg-Clearwater, FL MSA) has 48,025 residents, 20,627 households, a renter share of 36.5%, median household income of $45,760, and ACS 2023 median gross rent of $1,278. Vacancy is 13.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 34668?

ACS counts 253 units in 2-unit buildings, 664 in 3–4 unit buildings, 1,162 in 5–9, 594 in 10–19, and 521 in 20–49. Combined 2–49 unit stock is 3,194 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 34668?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,690. See the full schedule and 90–110% payment-standard band on the ZIP 34668 — Port Richey, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 34668 is Census / HUD research for Tampa-St. Petersburg-Clearwater, 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.