Housing market/Washington/ZIP 99301

ACS 2023 · FY2027 SAFMR

ZIP 99301 Pasco, Washington

Kennewick-Richland, 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
86,467
Households
26,437
Median HH income
$82,517
Renter share
30.1%
Median gross rent
$1,195
Vacancy
4.6%
Pop. change
+9.8%
2BR SAFMR
$1,500
SAFMR / rent
1.255×
2–49 unit stock
3,958
LIHTC proj / units
11 / 1,128
HUD assisted MF
3 / 91

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 99301 · WA — sent to you.

ZIP 99301 · WA

ACS median rent$1,195
2BR SAFMR$1,500
90% floor$1,350
110% ceiling$1,650

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

Housing stock

ACS 2023 units-in-structure · ZCTA 99301

  • 1-unit detached20,38773.7%
  • 1-unit attached9263.3%
  • 2–4 units1,3094.7%
  • 5–49 units2,6499.6%
  • 50+ units6742.4%
  • Mobile1,7096.2%
TypeUnitsShare
1-unit detached20,38773.6%
1-unit attached9263.3%
2 units (duplex)3881.4%
3–4 units9213.3%
5–9 units8843.2%
10–19 units8733.2%
20–49 units8923.2%
50+ units6742.4%
Mobile1,7096.2%

2–4 unit share 4.7% · 5–49 unit share 9.6% · combined 2–49 14.3%.

Units by bedrooms

Studio
854
1BR
1,779
2BR
3,955
3BR
14,342
4BR
5,294
5+
1,476

Rent burden

Rent ≥30% of income46.0%
Rent ≥50% of income17.5%
  • ACS median gross rent $1,195 (all bedrooms, occupied rentals).
  • Median contract rent $1,024.
  • Renters paying ≥30% of income 46.0%; ≥50% 17.5%.
  • FY2027 2BR SAFMR $1,500 (1.255× ACS median gross rent).

Population

86,467 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +9.8%.

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

Assisted inventory

  • LIHTC: 11 projects, 1,128 units.
  • HUD project-based assisted MF: 3 properties, 91 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 381 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 99301 30.1% of occupied households are renters; vacancy is 4.6%; ACS median gross rent is $1,195; population increased +9.8% between the 2018 and 2023 ACS vintages; the housing stock includes 1,309 units in 2–4-unit structures and 2,649 units in 5–49-unit structures; 11 LIHTC projects totaling 1,128 units; FY2027 2BR SAFMR is $1,500 versus ACS median gross rent of $1,195. 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 99301 is a Census / HUD profile for Kennewick-Richland, 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 99301?

ZIP 99301 (Kennewick-Richland, WA MSA) has 86,467 residents, 26,437 households, a renter share of 30.1%, median household income of $82,517, and ACS 2023 median gross rent of $1,195. Vacancy is 4.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 99301?

ACS counts 388 units in 2-unit buildings, 921 in 3–4 unit buildings, 884 in 5–9, 873 in 10–19, and 892 in 20–49. Combined 2–49 unit stock is 3,958 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 99301?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,500. See the full schedule and 90–110% payment-standard band on the ZIP 99301 — Pasco, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 99301 is Census / HUD research for Kennewick-Richland, 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.