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Housing market/Texas/ZIP 78728

ACS 2023 · FY2027 SAFMR

ZIP 78728 Austin, Texas

Austin-Round Rock-San Marcos, TX MSA · Texas. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
26,776
Households
12,949
Median HH income
$74,048
Renter share
71.3%
Median gross rent
$1,523
Vacancy
6.7%
Pop. change
+24.7%
2BR SAFMR
$1,750
SAFMR / rent
1.149×
2–49 unit stock
6,678
LIHTC proj / units
6 / 1,271
HUD assisted MF
1 / 10

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 78728 · TX — sent to you.

ZIP 78728 · TX

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ACS rent vs 2BR SAFMR

ZIP 78728 — Austin, TX HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,523
2BR SAFMR$1,750
90% floor$1,575
110% ceiling$1,925

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

Housing stock

ACS 2023 units-in-structure · ZCTA 78728

  • 1-unit detached5,00236.0%
  • 1-unit attached1681.2%
  • 2–4 units4173.0%
  • 5–49 units6,26145.1%
  • 50+ units1,64911.9%
  • Mobile3812.7%
TypeUnitsShare
1-unit detached5,00236.0%
1-unit attached1681.2%
2 units (duplex)1060.8%
3–4 units3112.2%
5–9 units1,2278.8%
10–19 units2,88220.8%
20–49 units2,15215.5%
50+ units1,64911.9%
Mobile3812.7%

2–4 unit share 3.0% · 5–49 unit share 45.1% · combined 2–49 48.1%.

Units by bedrooms

Studio
656
1BR
4,455
2BR
3,151
3BR
4,064
4BR
1,451
5+
101

Rent burden

Rent ≥30% of income49.2%
Rent ≥50% of income18.1%
  • ACS median gross rent $1,523 (all bedrooms, occupied rentals).
  • Median contract rent $1,365.
  • Renters paying ≥30% of income 49.2%; ≥50% 18.1%.
  • FY2027 2BR SAFMR $1,750 (1.149× ACS median gross rent).

Population

26,776 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: 6 projects, 1,271 units.
  • HUD project-based assisted MF: 1 properties, 10 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 8,916 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 78728 71.3% of occupied households are renters; vacancy is 6.7%; ACS median gross rent is $1,523; population increased +24.7% between the 2018 and 2023 ACS vintages; the housing stock includes 417 units in 2–4-unit structures and 6,261 units in 5–49-unit structures; 6 LIHTC projects totaling 1,271 units; FY2027 2BR SAFMR is $1,750 versus ACS median gross rent of $1,523. 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.

Texas research

ZIP 78728 is a Census / HUD profile for Austin-Round Rock-San Marcos, TX. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 78728 — Austin, TX HUD Section 8 Payment Standards / SAFMR·Texas ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
76530Austin-Round Rock-San Marcos, TX MSA9.8%—$1,67076573Austin-Round Rock-San Marcos, TX MSA0.0%—$1,89076574Austin-Round Rock-San Marcos, TX MSA25.0%$1,167$1,67078602Austin-Round Rock-San Marcos, TX MSA30.5%$1,331$1,67078610Austin-Round Rock-San Marcos, TX MSA19.6%$1,736$1,89078612Austin-Round Rock-San Marcos, TX MSA18.8%$1,642$1,70078613Austin-Round Rock-San Marcos, TX MSA35.2%$1,733$1,97078615Austin-Round Rock-San Marcos, TX MSA15.8%$817$1,67078616Austin-Round Rock-San Marcos, TX MSA15.8%$1,300$1,67078617Austin-Round Rock-San Marcos, TX MSA18.8%$1,449$1,67078619Austin-Round Rock-San Marcos, TX MSA8.4%$1,245$1,67078622Austin-Round Rock-San Marcos, TX MSA28.6%$1,382$1,670

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 Texas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 78728?

ZIP 78728 (Austin-Round Rock-San Marcos, TX MSA) has 26,776 residents, 12,949 households, a renter share of 71.3%, median household income of $74,048, and ACS 2023 median gross rent of $1,523. Vacancy is 6.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 78728?

ACS counts 106 units in 2-unit buildings, 311 in 3–4 unit buildings, 1,227 in 5–9, 2,882 in 10–19, and 2,152 in 20–49. Combined 2–49 unit stock is 6,678 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 78728?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,750. See the full schedule and 90–110% payment-standard band on the ZIP 78728 — Austin, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 78728 is Census / HUD research for Austin-Round Rock-San Marcos, TX MSA. Jeff Crowe CRE does not list Texas 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.