Housing market/Washington/ZIP 98072

ACS 2023 · FY2027 SAFMR

ZIP 98072 Woodinville, Washington

Seattle-Bellevue, WA HUD Metro FMR Area · Washington. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
24,922
Households
9,593
Median HH income
$174,599
Renter share
26.5%
Median gross rent
$2,334
Vacancy
3.1%
Pop. change
+2.9%
2BR SAFMR
$2,870
SAFMR / rent
1.230×
2–49 unit stock
1,252
LIHTC proj / units
2 / 100
HUD assisted MF
1 / 14

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 98072 · WA — sent to you.

ZIP 98072 · WA

ACS median rent$2,334
2BR SAFMR$2,870
90% floor$2,583
110% ceiling$3,157

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

Housing stock

ACS 2023 units-in-structure · ZCTA 98072

  • 1-unit detached6,89469.7%
  • 1-unit attached2912.9%
  • 2–4 units1421.4%
  • 5–49 units1,11011.2%
  • 50+ units1,24212.5%
  • Mobile2182.2%
TypeUnitsShare
1-unit detached6,89469.7%
1-unit attached2912.9%
2 units (duplex)160.2%
3–4 units1261.3%
5–9 units5005.1%
10–19 units3393.4%
20–49 units2712.7%
50+ units1,24212.5%
Mobile2182.2%

2–4 unit share 1.4% · 5–49 unit share 11.2% · combined 2–49 12.7%.

Units by bedrooms

Studio
217
1BR
1,228
2BR
1,291
3BR
3,090
4BR
3,105
5+
966

Rent burden

Rent ≥30% of income54.7%
Rent ≥50% of income19.8%
  • ACS median gross rent $2,334 (all bedrooms, occupied rentals).
  • Median contract rent $2,214.
  • Renters paying ≥30% of income 54.7%; ≥50% 19.8%.
  • FY2027 2BR SAFMR $2,870 (1.230× ACS median gross rent).

Population

24,922 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.9%.

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

Assisted inventory

  • LIHTC: 2 projects, 100 units.
  • HUD project-based assisted MF: 1 properties, 14 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 4,633 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 98072 26.5% of occupied households are renters; vacancy is 3.1%; ACS median gross rent is $2,334; population increased +2.9% between the 2018 and 2023 ACS vintages; the housing stock includes 142 units in 2–4-unit structures and 1,110 units in 5–49-unit structures; 2 LIHTC projects totaling 100 units; FY2027 2BR SAFMR is $2,870 versus ACS median gross rent of $2,334. 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.

Washington research

ZIP 98072 is a Census / HUD profile for Seattle-Bellevue, WA. 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 Washington research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 98072?

ZIP 98072 (Seattle-Bellevue, WA HUD Metro FMR Area) has 24,922 residents, 9,593 households, a renter share of 26.5%, median household income of $174,599, and ACS 2023 median gross rent of $2,334. Vacancy is 3.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 98072?

ACS counts 16 units in 2-unit buildings, 126 in 3–4 unit buildings, 500 in 5–9, 339 in 10–19, and 271 in 20–49. Combined 2–49 unit stock is 1,252 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 98072?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,870. See the full schedule and 90–110% payment-standard band on the ZIP 98072 — Woodinville, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 98072 is Census / HUD research for Seattle-Bellevue, WA HUD Metro FMR Area. Jeff Crowe CRE does not list Washington 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.