Housing market/Texas/ZIP 78748

ACS 2023 · FY2027 SAFMR

ZIP 78748 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
54,942
Households
24,500
Median HH income
$107,652
Renter share
42.4%
Median gross rent
$1,711
Vacancy
4.7%
Pop. change
+7.7%
2BR SAFMR
$1,910
SAFMR / rent
1.116×
2–49 unit stock
6,538
LIHTC proj / units
5 / 866
HUD assisted MF
4 / 46

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 78748 · TX — sent to you.

ZIP 78748 · TX

ACS median rent$1,711
2BR SAFMR$1,910
90% floor$1,719
110% ceiling$2,101

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

Housing stock

ACS 2023 units-in-structure · ZCTA 78748

  • 1-unit detached15,30559.7%
  • 1-unit attached1,5235.9%
  • 2–4 units1,0684.2%
  • 5–49 units5,47021.3%
  • 50+ units1,9587.6%
  • Mobile3311.3%
TypeUnitsShare
1-unit detached15,30559.6%
1-unit attached1,5235.9%
2 units (duplex)4081.6%
3–4 units6602.6%
5–9 units5822.3%
10–19 units3,10612.1%
20–49 units1,7826.9%
50+ units1,9587.6%
Mobile3311.3%

2–4 unit share 4.2% · 5–49 unit share 21.3% · combined 2–49 25.4%.

Units by bedrooms

Studio
671
1BR
3,913
2BR
5,460
3BR
11,014
4BR
4,043
5+
593

Rent burden

Rent ≥30% of income47.8%
Rent ≥50% of income20.9%
  • ACS median gross rent $1,711 (all bedrooms, occupied rentals).
  • Median contract rent $1,570.
  • Renters paying ≥30% of income 47.8%; ≥50% 20.9%.
  • FY2027 2BR SAFMR $1,910 (1.116× ACS median gross rent).

Population

54,942 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.7%.

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

Assisted inventory

  • LIHTC: 5 projects, 866 units.
  • HUD project-based assisted MF: 4 properties, 46 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 9,780 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 78748 42.4% of occupied households are renters; vacancy is 4.7%; ACS median gross rent is $1,711; population increased +7.7% between the 2018 and 2023 ACS vintages; the housing stock includes 1,068 units in 2–4-unit structures and 5,470 units in 5–49-unit structures; 5 LIHTC projects totaling 866 units; FY2027 2BR SAFMR is $1,910 versus ACS median gross rent of $1,711. 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 78748 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.

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 Texas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 78748?

ZIP 78748 (Austin-Round Rock-San Marcos, TX MSA) has 54,942 residents, 24,500 households, a renter share of 42.4%, median household income of $107,652, and ACS 2023 median gross rent of $1,711. Vacancy is 4.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 78748?

ACS counts 408 units in 2-unit buildings, 660 in 3–4 unit buildings, 582 in 5–9, 3,106 in 10–19, and 1,782 in 20–49. Combined 2–49 unit stock is 6,538 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 78748?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,910. See the full schedule and 90–110% payment-standard band on the ZIP 78748 — Austin, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 78748 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.