Housing market/California/ZIP 94939

ACS 2023 · FY2027 SAFMR

ZIP 94939 Larkspur, California

San Francisco, 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
7,372
Households
3,431
Median HH income
$182,743
Renter share
50.7%
Median gross rent
$3,104
Vacancy
7.0%
Pop. change
+3.7%
2BR SAFMR
$4,170
SAFMR / rent
1.343×
2–49 unit stock
1,369
LIHTC proj / units
2 / 56
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 94939 · CA — sent to you.

ZIP 94939 · CA

ACS median rent$3,104
2BR SAFMR$4,170
90% floor$3,753
110% ceiling$4,587

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

Housing stock

ACS 2023 units-in-structure · ZCTA 94939

  • 1-unit detached1,67845.5%
  • 1-unit attached1824.9%
  • 2–4 units3278.9%
  • 5–49 units1,04228.2%
  • 50+ units46212.5%
TypeUnitsShare
1-unit detached1,67845.5%
1-unit attached1824.9%
2 units (duplex)1113.0%
3–4 units2165.9%
5–9 units61816.7%
10–19 units2827.6%
20–49 units1423.8%
50+ units46212.5%
Mobile00.0%

2–4 unit share 8.9% · 5–49 unit share 28.2% · combined 2–49 37.1%.

Units by bedrooms

Studio
83
1BR
869
2BR
1,004
3BR
1,175
4BR
414
5+
146

Rent burden

Rent ≥30% of income50.7%
Rent ≥50% of income31.0%
  • ACS median gross rent $3,104 (all bedrooms, occupied rentals).
  • Median contract rent $2,862.
  • Renters paying ≥30% of income 50.7%; ≥50% 31.0%.
  • FY2027 2BR SAFMR $4,170 (1.343× ACS median gross rent).

Population

7,372 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.7%.

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

Assisted inventory

  • LIHTC: 2 projects, 56 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 94939 50.7% of occupied households are renters; vacancy is 7.0%; ACS median gross rent is $3,104; population increased +3.7% between the 2018 and 2023 ACS vintages; the housing stock includes 327 units in 2–4-unit structures and 1,042 units in 5–49-unit structures; 2 LIHTC projects totaling 56 units; FY2027 2BR SAFMR is $4,170 versus ACS median gross rent of $3,104. 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 94939 is a Census / HUD profile for San Francisco, 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 94939?

ZIP 94939 (San Francisco, CA HUD Metro FMR Area) has 7,372 residents, 3,431 households, a renter share of 50.7%, median household income of $182,743, and ACS 2023 median gross rent of $3,104. Vacancy is 7.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 94939?

ACS counts 111 units in 2-unit buildings, 216 in 3–4 unit buildings, 618 in 5–9, 282 in 10–19, and 142 in 20–49. Combined 2–49 unit stock is 1,369 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 94939?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $4,170. See the full schedule and 90–110% payment-standard band on the ZIP 94939 — Larkspur, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 94939 is Census / HUD research for San Francisco, 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.