Housing market/California/ZIP 90038

ACS 2023 · FY2027 SAFMR

ZIP 90038 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
27,807
Households
13,344
Median HH income
$61,566
Renter share
91.5%
Median gross rent
$1,764
Vacancy
11.0%
Pop. change
+0.5%
2BR SAFMR
$3,390
SAFMR / rent
1.922×
2–49 unit stock
10,478
LIHTC proj / units
13 / 603
HUD assisted MF
6 / 466

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 90038 · CA — sent to you.

ZIP 90038 · CA

ACS median rent$1,764
2BR SAFMR$3,390
90% floor$3,051
110% ceiling$3,729

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

Housing stock

ACS 2023 units-in-structure · ZCTA 90038

  • 1-unit detached1,58710.6%
  • 1-unit attached4863.2%
  • 2–4 units1,66311.1%
  • 5–49 units8,81558.8%
  • 50+ units2,37915.9%
  • Mobile680.5%
TypeUnitsShare
1-unit detached1,58710.6%
1-unit attached4863.2%
2 units (duplex)5293.5%
3–4 units1,1347.6%
5–9 units3,17621.2%
10–19 units2,19114.6%
20–49 units3,44823.0%
50+ units2,37915.9%
Mobile680.5%

2–4 unit share 11.1% · 5–49 unit share 58.8% · combined 2–49 69.9%.

Units by bedrooms

Studio
3,207
1BR
6,830
2BR
3,481
3BR
1,220
4BR
220
5+
40

Rent burden

Rent ≥30% of income54.1%
Rent ≥50% of income31.5%
  • ACS median gross rent $1,764 (all bedrooms, occupied rentals).
  • Median contract rent $1,641.
  • Renters paying ≥30% of income 54.1%; ≥50% 31.5%.
  • FY2027 2BR SAFMR $3,390 (1.922× ACS median gross rent).

Population

27,807 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.5%.

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

Assisted inventory

  • LIHTC: 13 projects, 603 units.
  • HUD project-based assisted MF: 6 properties, 466 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 90038 91.5% of occupied households are renters; vacancy is 11.0%; ACS median gross rent is $1,764; population increased +0.5% between the 2018 and 2023 ACS vintages; the housing stock includes 1,663 units in 2–4-unit structures and 8,815 units in 5–49-unit structures; 13 LIHTC projects totaling 603 units; FY2027 2BR SAFMR is $3,390 versus ACS median gross rent of $1,764. 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 90038 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 90038?

ZIP 90038 (Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area) has 27,807 residents, 13,344 households, a renter share of 91.5%, median household income of $61,566, and ACS 2023 median gross rent of $1,764. Vacancy is 11.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 90038?

ACS counts 529 units in 2-unit buildings, 1,134 in 3–4 unit buildings, 3,176 in 5–9, 2,191 in 10–19, and 3,448 in 20–49. Combined 2–49 unit stock is 10,478 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 90038?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,390. See the full schedule and 90–110% payment-standard band on the ZIP 90038 — Los Angeles, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 90038 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.