Housing market/Washington/ZIP 98235

ACS 2023 · FY2027 SAFMR

ZIP 98235 Clearlake, Washington

Mount Vernon-Anacortes, WA MSA · Washington. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
515
Households
193
Median HH income
$60,082
Renter share
44.6%
Median gross rent
$740
Vacancy
0.0%
Pop. change
+425.5%
2BR SAFMR
$1,550
SAFMR / rent
2.095×
2–49 unit stock
5
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 98235 · WA — sent to you.

ZIP 98235 · WA

ACS median rent$740
2BR SAFMR$1,550
90% floor$1,395
110% ceiling$1,705

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

Housing stock

ACS 2023 units-in-structure · ZCTA 98235

  • 1-unit detached18093.3%
  • 2–4 units52.6%
  • Mobile84.1%
TypeUnitsShare
1-unit detached18093.3%
1-unit attached00.0%
2 units (duplex)52.6%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile84.1%

2–4 unit share 2.6% · 5–49 unit share 0.0% · combined 2–49 2.6%.

Units by bedrooms

Studio
0
1BR
46
2BR
50
3BR
42
4BR
26
5+
29

Rent burden

Rent ≥30% of income31.4%
Rent ≥50% of income9.3%
  • ACS median gross rent $740 (all bedrooms, occupied rentals).
  • Renters paying ≥30% of income 31.4%; ≥50% 9.3%.
  • FY2027 2BR SAFMR $1,550 (2.095× ACS median gross rent).

Population

515 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +425.5%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 186 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 98235 44.6% of occupied households are renters; vacancy is 0.0%; ACS median gross rent is $740; population increased +425.5% between the 2018 and 2023 ACS vintages; the housing stock includes 5 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,550 versus ACS median gross rent of $740. 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 98235 is a Census / HUD profile for Mount Vernon-Anacortes, 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 98235?

ZIP 98235 (Mount Vernon-Anacortes, WA MSA) has 515 residents, 193 households, a renter share of 44.6%, median household income of $60,082, and ACS 2023 median gross rent of $740. Vacancy is 0.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 98235?

ACS counts 5 units in 2-unit buildings, 0 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 5 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 98235?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,550. See the full schedule and 90–110% payment-standard band on the ZIP 98235 — Clearlake, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 98235 is Census / HUD research for Mount Vernon-Anacortes, WA MSA. 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.