Housing market/Washington/ZIP 98370
ZIP 98370 Poulsbo, Washington
Bremerton-Silverdale-Port Orchard, WA MSA · Washington. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 98370 · WA — sent to you.
ZIP 98370 · WA
ACS rent vs 2BR SAFMR
ZIP 98370 — Poulsbo, WA HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 98370
- 1-unit detached10,76278.0%
- 1-unit attached2742.0%
- 2–4 units2381.7%
- 5–49 units1,3299.6%
- 50+ units2441.8%
- Mobile9556.9%
2–4 unit share 1.7% · 5–49 unit share 9.6% · combined 2–49 11.3%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,757 (all bedrooms, occupied rentals).
- Median contract rent $1,687.
- Renters paying ≥30% of income 49.1%; ≥50% 23.6%.
- FY2027 2BR SAFMR $2,040 (1.161× ACS median gross rent).
Population
32,997 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +5.7%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 4 projects, 218 units.
- HUD project-based assisted MF: 1 properties, 120 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 1,128 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 98370 23.4% of occupied households are renters; vacancy is 5.3%; ACS median gross rent is $1,757; population increased +5.7% between the 2018 and 2023 ACS vintages; the housing stock includes 238 units in 2–4-unit structures and 1,329 units in 5–49-unit structures; 4 LIHTC projects totaling 218 units; FY2027 2BR SAFMR is $2,040 versus ACS median gross rent of $1,757. 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 98370 is a Census / HUD profile for Bremerton-Silverdale-Port Orchard, WA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 98370 — Poulsbo, WA HUD Section 8 Payment Standards / SAFMR·Washington ZIP directory
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 98370?
ZIP 98370 (Bremerton-Silverdale-Port Orchard, WA MSA) has 32,997 residents, 13,109 households, a renter share of 23.4%, median household income of $109,416, and ACS 2023 median gross rent of $1,757. Vacancy is 5.3%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 98370?
ACS counts 48 units in 2-unit buildings, 190 in 3–4 unit buildings, 721 in 5–9, 337 in 10–19, and 271 in 20–49. Combined 2–49 unit stock is 1,567 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 98370?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,040. See the full schedule and 90–110% payment-standard band on the ZIP 98370 — Poulsbo, WA HUD Section 8 Payment Standards / SAFMR.
Does this Washington ZIP profile include Georgia listings?
No. ZIP 98370 is Census / HUD research for Bremerton-Silverdale-Port Orchard, 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.