Housing market/Washington/ZIP 98328

ACS 2023 · FY2027 SAFMR

ZIP 98328 Eatonville, Washington

Tacoma, 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
11,222
Households
3,813
Median HH income
$113,902
Renter share
17.2%
Median gross rent
$1,211
Vacancy
11.5%
Pop. change
+16.4%
2BR SAFMR
$1,780
SAFMR / rent
1.470×
2–49 unit stock
296
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 98328 · WA — sent to you.

ZIP 98328 · WA

ACS median rent$1,211
2BR SAFMR$1,780
90% floor$1,602
110% ceiling$1,958

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

Housing stock

ACS 2023 units-in-structure · ZCTA 98328

  • 1-unit detached3,36778.5%
  • 1-unit attached60.1%
  • 2–4 units1423.3%
  • 5–49 units1543.6%
  • Mobile62114.5%
TypeUnitsShare
1-unit detached3,36778.1%
1-unit attached60.1%
2 units (duplex)1423.3%
3–4 units00.0%
5–9 units992.3%
10–19 units280.6%
20–49 units270.6%
50+ units00.0%
Mobile62114.4%

2–4 unit share 3.3% · 5–49 unit share 3.6% · combined 2–49 6.9%.

Units by bedrooms

Studio
170
1BR
272
2BR
889
3BR
1,890
4BR
794
5+
294

Rent burden

Rent ≥30% of income54.0%
Rent ≥50% of income27.8%
  • ACS median gross rent $1,211 (all bedrooms, occupied rentals).
  • Median contract rent $1,048.
  • Renters paying ≥30% of income 54.0%; ≥50% 27.8%.
  • FY2027 2BR SAFMR $1,780 (1.470× ACS median gross rent).

Population

11,222 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +16.4%.

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 1,765 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 98328 17.2% of occupied households are renters; vacancy is 11.5%; ACS median gross rent is $1,211; population increased +16.4% between the 2018 and 2023 ACS vintages; the housing stock includes 142 units in 2–4-unit structures and 154 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,780 versus ACS median gross rent of $1,211. 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 98328 is a Census / HUD profile for Tacoma, 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 98328?

ZIP 98328 (Tacoma, WA HUD Metro FMR Area) has 11,222 residents, 3,813 households, a renter share of 17.2%, median household income of $113,902, and ACS 2023 median gross rent of $1,211. Vacancy is 11.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 98328?

ACS counts 142 units in 2-unit buildings, 0 in 3–4 unit buildings, 99 in 5–9, 28 in 10–19, and 27 in 20–49. Combined 2–49 unit stock is 296 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 98328?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,780. See the full schedule and 90–110% payment-standard band on the ZIP 98328 — Eatonville, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 98328 is Census / HUD research for Tacoma, 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.