Housing market/California/ZIP 94518

ACS 2023 · FY2027 SAFMR

ZIP 94518 Concord, California

Oakland-Fremont, 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
27,743
Households
10,217
Median HH income
$111,406
Renter share
30.8%
Median gross rent
$2,290
Vacancy
1.4%
Pop. change
-2.4%
2BR SAFMR
$2,730
SAFMR / rent
1.192×
2–49 unit stock
1,849
LIHTC proj / units
1 / 130
HUD assisted MF
1 / 57

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 94518 · CA — sent to you.

ZIP 94518 · CA

ACS median rent$2,290
2BR SAFMR$2,730
90% floor$2,457
110% ceiling$3,003

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

Housing stock

ACS 2023 units-in-structure · ZCTA 94518

  • 1-unit detached6,50863.2%
  • 1-unit attached4324.2%
  • 2–4 units9899.6%
  • 5–49 units8608.3%
  • 50+ units7337.1%
  • Mobile7827.6%
TypeUnitsShare
1-unit detached6,50862.8%
1-unit attached4324.2%
2 units (duplex)980.9%
3–4 units8918.6%
5–9 units1391.3%
10–19 units3393.3%
20–49 units3823.7%
50+ units7337.1%
Mobile7827.5%

2–4 unit share 9.5% · 5–49 unit share 8.3% · combined 2–49 17.8%.

Units by bedrooms

Studio
532
1BR
658
2BR
2,649
3BR
3,220
4BR
2,935
5+
367

Rent burden

Rent ≥30% of income61.5%
Rent ≥50% of income36.5%
  • ACS median gross rent $2,290 (all bedrooms, occupied rentals).
  • Median contract rent $2,168.
  • Renters paying ≥30% of income 61.5%; ≥50% 36.5%.
  • FY2027 2BR SAFMR $2,730 (1.192× ACS median gross rent).

Population

27,743 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.4%.

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

Assisted inventory

  • LIHTC: 1 projects, 130 units.
  • HUD project-based assisted MF: 1 properties, 57 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 178 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 94518 30.8% of occupied households are renters; vacancy is 1.4%; ACS median gross rent is $2,290; population changed -2.4% between the 2018 and 2023 ACS vintages; the housing stock includes 989 units in 2–4-unit structures and 860 units in 5–49-unit structures; 1 LIHTC projects totaling 130 units; FY2027 2BR SAFMR is $2,730 versus ACS median gross rent of $2,290. 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 94518 is a Census / HUD profile for Oakland-Fremont, 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 94518?

ZIP 94518 (Oakland-Fremont, CA HUD Metro FMR Area) has 27,743 residents, 10,217 households, a renter share of 30.8%, median household income of $111,406, and ACS 2023 median gross rent of $2,290. Vacancy is 1.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 94518?

ACS counts 98 units in 2-unit buildings, 891 in 3–4 unit buildings, 139 in 5–9, 339 in 10–19, and 382 in 20–49. Combined 2–49 unit stock is 1,849 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 94518?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,730. See the full schedule and 90–110% payment-standard band on the ZIP 94518 — Concord, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 94518 is Census / HUD research for Oakland-Fremont, 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.