Housing market/New York/ZIP 10029

ACS 2023 · FY2027 SAFMR

ZIP 10029 New York

New York, NY HUD Metro FMR Area · New York. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
74,848
Households
33,098
Median HH income
$38,308
Renter share
93.0%
Median gross rent
$1,183
Vacancy
10.4%
Pop. change
-6.0%
2BR SAFMR
$2,620
SAFMR / rent
2.215×
2–49 unit stock
15,795
LIHTC proj / units
76 / 6,976
HUD assisted MF
16 / 2,024

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 10029 · NY — sent to you.

ZIP 10029 · NY

ACS median rent$1,183
2BR SAFMR$2,620
90% floor$2,358
110% ceiling$2,882

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

Housing stock

ACS 2023 units-in-structure · ZCTA 10029

  • 1-unit detached1910.5%
  • 1-unit attached1250.3%
  • 2–4 units1,3213.6%
  • 5–49 units14,47439.2%
  • 50+ units20,84456.4%
TypeUnitsShare
1-unit detached1910.5%
1-unit attached1250.3%
2 units (duplex)3190.9%
3–4 units1,0022.7%
5–9 units2,5106.8%
10–19 units4,35011.8%
20–49 units7,61420.6%
50+ units20,84456.4%
Mobile00.0%

2–4 unit share 3.6% · 5–49 unit share 39.2% · combined 2–49 42.7%.

Units by bedrooms

Studio
3,983
1BR
10,512
2BR
16,200
3BR
5,269
4BR
889
5+
102

Rent burden

Rent ≥30% of income52.3%
Rent ≥50% of income29.5%
  • ACS median gross rent $1,183 (all bedrooms, occupied rentals).
  • Median contract rent $1,127.
  • Renters paying ≥30% of income 52.3%; ≥50% 29.5%.
  • FY2027 2BR SAFMR $2,620 (2.215× ACS median gross rent).

Population

74,848 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -6.0%.

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

Assisted inventory

  • LIHTC: 76 projects, 6,976 units.
  • HUD project-based assisted MF: 16 properties, 2,024 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,981 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 10029 93.0% of occupied households are renters; vacancy is 10.4%; ACS median gross rent is $1,183; population changed -6.0% between the 2018 and 2023 ACS vintages; the housing stock includes 1,321 units in 2–4-unit structures and 14,474 units in 5–49-unit structures; 76 LIHTC projects totaling 6,976 units; FY2027 2BR SAFMR is $2,620 versus ACS median gross rent of $1,183. 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.

New York research

ZIP 10029 is a Census / HUD profile for New York, NY. 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 New York research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 10029?

ZIP 10029 (New York, NY HUD Metro FMR Area) has 74,848 residents, 33,098 households, a renter share of 93.0%, median household income of $38,308, and ACS 2023 median gross rent of $1,183. Vacancy is 10.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 10029?

ACS counts 319 units in 2-unit buildings, 1,002 in 3–4 unit buildings, 2,510 in 5–9, 4,350 in 10–19, and 7,614 in 20–49. Combined 2–49 unit stock is 15,795 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 10029?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,620. See the full schedule and 90–110% payment-standard band on the ZIP 10029 — New York, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 10029 is Census / HUD research for New York, NY HUD Metro FMR Area. Jeff Crowe CRE does not list New York 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.