Housing market/Iowa/ZIP 50643

ACS 2023 · FY2027 SAFMR

ZIP 50643 Hudson, Iowa

Waterloo-Cedar Falls, IA HUD Metro FMR Area · Iowa. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,081
Households
1,095
Median HH income
$120,724
Renter share
9.8%
Median gross rent
$1,090
Vacancy
5.3%
Pop. change
+7.6%
2BR SAFMR
$1,150
SAFMR / rent
1.055×
2–49 unit stock
88
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 50643 · IA — sent to you.

ZIP 50643 · IA

ACS median rent$1,090
2BR SAFMR$1,150
90% floor$1,035
110% ceiling$1,265

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

Housing stock

ACS 2023 units-in-structure · ZCTA 50643

  • 1-unit detached1,00987.3%
  • 1-unit attached201.7%
  • 2–4 units312.7%
  • 5–49 units574.9%
  • 50+ units393.4%
TypeUnitsShare
1-unit detached1,00987.3%
1-unit attached201.7%
2 units (duplex)40.3%
3–4 units272.3%
5–9 units30.3%
10–19 units353.0%
20–49 units191.6%
50+ units393.4%
Mobile00.0%

2–4 unit share 2.7% · 5–49 unit share 4.9% · combined 2–49 7.6%.

Units by bedrooms

Studio
16
1BR
35
2BR
252
3BR
448
4BR
297
5+
108

Rent burden

Rent ≥30% of income57.0%
Rent ≥50% of income23.4%
  • ACS median gross rent $1,090 (all bedrooms, occupied rentals).
  • Median contract rent $868.
  • Renters paying ≥30% of income 57.0%; ≥50% 23.4%.
  • FY2027 2BR SAFMR $1,150 (1.055× ACS median gross rent).

Population

3,081 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.6%.

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 280 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 50643 9.8% of occupied households are renters; vacancy is 5.3%; ACS median gross rent is $1,090; population increased +7.6% between the 2018 and 2023 ACS vintages; the housing stock includes 31 units in 2–4-unit structures and 57 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,150 versus ACS median gross rent of $1,090. 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.

Iowa research

ZIP 50643 is a Census / HUD profile for Waterloo-Cedar Falls, IA. 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 Iowa research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 50643?

ZIP 50643 (Waterloo-Cedar Falls, IA HUD Metro FMR Area) has 3,081 residents, 1,095 households, a renter share of 9.8%, median household income of $120,724, and ACS 2023 median gross rent of $1,090. Vacancy is 5.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 50643?

ACS counts 4 units in 2-unit buildings, 27 in 3–4 unit buildings, 3 in 5–9, 35 in 10–19, and 19 in 20–49. Combined 2–49 unit stock is 88 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 50643?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,150. See the full schedule and 90–110% payment-standard band on the ZIP 50643 — Hudson, IA HUD Section 8 Payment Standards / SAFMR.

Does this Iowa ZIP profile include Georgia listings?

No. ZIP 50643 is Census / HUD research for Waterloo-Cedar Falls, IA HUD Metro FMR Area. Jeff Crowe CRE does not list Iowa 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.