Housing market/Wisconsin/ZIP 53511

ACS 2023 · FY2027 SAFMR

ZIP 53511 Beloit, Wisconsin

Janesville-Beloit, WI MSA · Wisconsin. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
48,305
Households
18,180
Median HH income
$65,305
Renter share
34.9%
Median gross rent
$995
Vacancy
6.2%
Pop. change
-1.8%
2BR SAFMR
$1,290
SAFMR / rent
1.296×
2–49 unit stock
3,032
LIHTC proj / units
12 / 821
HUD assisted MF
3 / 295

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 53511 · WI — sent to you.

ZIP 53511 · WI

ACS median rent$995
2BR SAFMR$1,290
90% floor$1,161
110% ceiling$1,419

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

Housing stock

ACS 2023 units-in-structure · ZCTA 53511

  • 1-unit detached15,01977.5%
  • 1-unit attached5973.1%
  • 2–4 units1,4627.5%
  • 5–49 units1,5708.1%
  • 50+ units5723.0%
  • Mobile1520.8%
TypeUnitsShare
1-unit detached15,01977.5%
1-unit attached5973.1%
2 units (duplex)9534.9%
3–4 units5092.6%
5–9 units3541.8%
10–19 units4382.3%
20–49 units7784.0%
50+ units5723.0%
Mobile1520.8%

2–4 unit share 7.5% · 5–49 unit share 8.1% · combined 2–49 15.7%.

Units by bedrooms

Studio
461
1BR
1,567
2BR
5,407
3BR
8,946
4BR
2,416
5+
575

Rent burden

Rent ≥30% of income46.4%
Rent ≥50% of income21.8%
  • ACS median gross rent $995 (all bedrooms, occupied rentals).
  • Median contract rent $804.
  • Renters paying ≥30% of income 46.4%; ≥50% 21.8%.
  • FY2027 2BR SAFMR $1,290 (1.296× ACS median gross rent).

Population

48,305 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.8%.

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

Assisted inventory

  • LIHTC: 12 projects, 821 units.
  • HUD project-based assisted MF: 3 properties, 295 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 16 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 53511 34.9% of occupied households are renters; vacancy is 6.2%; ACS median gross rent is $995; population changed -1.8% between the 2018 and 2023 ACS vintages; the housing stock includes 1,462 units in 2–4-unit structures and 1,570 units in 5–49-unit structures; 12 LIHTC projects totaling 821 units; FY2027 2BR SAFMR is $1,290 versus ACS median gross rent of $995. 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.

Wisconsin research

ZIP 53511 is a Census / HUD profile for Janesville-Beloit, WI. 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 Wisconsin research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 53511?

ZIP 53511 (Janesville-Beloit, WI MSA) has 48,305 residents, 18,180 households, a renter share of 34.9%, median household income of $65,305, and ACS 2023 median gross rent of $995. Vacancy is 6.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 53511?

ACS counts 953 units in 2-unit buildings, 509 in 3–4 unit buildings, 354 in 5–9, 438 in 10–19, and 778 in 20–49. Combined 2–49 unit stock is 3,032 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 53511?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,290. See the full schedule and 90–110% payment-standard band on the ZIP 53511 — Beloit, WI HUD Section 8 Payment Standards / SAFMR.

Does this Wisconsin ZIP profile include Georgia listings?

No. ZIP 53511 is Census / HUD research for Janesville-Beloit, WI MSA. Jeff Crowe CRE does not list Wisconsin 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.