Housing market/California/ZIP 90005

ACS 2023 · FY2027 SAFMR

ZIP 90005 Los Angeles, California

Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area · California. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
38,747
Households
17,477
Median HH income
$52,755
Renter share
91.0%
Median gross rent
$1,648
Vacancy
9.7%
Pop. change
-1.8%
2BR SAFMR
$3,230
SAFMR / rent
1.960×
2–49 unit stock
11,209
LIHTC proj / units
18 / 1,492
HUD assisted MF
8 / 877

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 90005 · CA — sent to you.

ZIP 90005 · CA

ACS median rent$1,648
2BR SAFMR$3,230
90% floor$2,907
110% ceiling$3,553

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

Housing stock

ACS 2023 units-in-structure · ZCTA 90005

  • 1-unit detached1,0915.6%
  • 1-unit attached1971.0%
  • 2–4 units1,1395.9%
  • 5–49 units10,07052.0%
  • 50+ units6,82235.2%
  • Mobile380.2%
TypeUnitsShare
1-unit detached1,0915.6%
1-unit attached1971.0%
2 units (duplex)2581.3%
3–4 units8814.6%
5–9 units1,0405.4%
10–19 units3,10516.0%
20–49 units5,92530.6%
50+ units6,82235.2%
Mobile380.2%

2–4 unit share 5.9% · 5–49 unit share 52.0% · combined 2–49 57.9%.

Units by bedrooms

Studio
7,339
1BR
6,336
2BR
3,806
3BR
1,173
4BR
355
5+
348

Rent burden

Rent ≥30% of income58.4%
Rent ≥50% of income30.7%
  • ACS median gross rent $1,648 (all bedrooms, occupied rentals).
  • Median contract rent $1,565.
  • Renters paying ≥30% of income 58.4%; ≥50% 30.7%.
  • FY2027 2BR SAFMR $3,230 (1.960× ACS median gross rent).

Population

38,747 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: 18 projects, 1,492 units.
  • HUD project-based assisted MF: 8 properties, 877 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 10,633 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 90005 91.0% of occupied households are renters; vacancy is 9.7%; ACS median gross rent is $1,648; population changed -1.8% between the 2018 and 2023 ACS vintages; the housing stock includes 1,139 units in 2–4-unit structures and 10,070 units in 5–49-unit structures; 18 LIHTC projects totaling 1,492 units; FY2027 2BR SAFMR is $3,230 versus ACS median gross rent of $1,648. 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.

California research

ZIP 90005 is a Census / HUD profile for Los Angeles-Long Beach-Glendale, CA. 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 California research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 90005?

ZIP 90005 (Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area) has 38,747 residents, 17,477 households, a renter share of 91.0%, median household income of $52,755, and ACS 2023 median gross rent of $1,648. Vacancy is 9.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 90005?

ACS counts 258 units in 2-unit buildings, 881 in 3–4 unit buildings, 1,040 in 5–9, 3,105 in 10–19, and 5,925 in 20–49. Combined 2–49 unit stock is 11,209 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 90005?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,230. See the full schedule and 90–110% payment-standard band on the ZIP 90005 — Los Angeles, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 90005 is Census / HUD research for Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area. Jeff Crowe CRE does not list California 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.