Housing market/New York/ZIP 11218
ZIP 11218 Brooklyn, 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 11218 · NY — sent to you.
ZIP 11218 · NY
ACS rent vs 2BR SAFMR
ZIP 11218 — Brooklyn, NY 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 11218
- 1-unit detached1,9367.1%
- 1-unit attached2,0657.5%
- 2–4 units7,22326.4%
- 5–49 units7,20026.3%
- 50+ units8,90232.5%
- Mobile570.2%
2–4 unit share 26.4% · 5–49 unit share 26.3% · combined 2–49 52.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,966 (all bedrooms, occupied rentals).
- Median contract rent $1,831.
- Renters paying ≥30% of income 49.9%; ≥50% 27.0%.
- FY2027 2BR SAFMR $3,270 (1.663× ACS median gross rent).
Population
71,313 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -4.3%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 38 units.
- 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 6,573 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 11218 62.1% of occupied households are renters; vacancy is 4.9%; ACS median gross rent is $1,966; population changed -4.3% between the 2018 and 2023 ACS vintages; the housing stock includes 7,223 units in 2–4-unit structures and 7,200 units in 5–49-unit structures; 1 LIHTC projects totaling 38 units; FY2027 2BR SAFMR is $3,270 versus ACS median gross rent of $1,966. 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 11218 is a Census / HUD profile for New York, NY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 11218 — Brooklyn, NY HUD Section 8 Payment Standards / SAFMR·New York 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 New York research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 11218?
ZIP 11218 (New York, NY HUD Metro FMR Area) has 71,313 residents, 26,053 households, a renter share of 62.1%, median household income of $95,916, and ACS 2023 median gross rent of $1,966. Vacancy is 4.9%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 11218?
ACS counts 3,613 units in 2-unit buildings, 3,610 in 3–4 unit buildings, 1,400 in 5–9, 1,379 in 10–19, and 4,421 in 20–49. Combined 2–49 unit stock is 14,423 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 11218?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,270. See the full schedule and 90–110% payment-standard band on the ZIP 11218 — Brooklyn, NY HUD Section 8 Payment Standards / SAFMR.
Does this New York ZIP profile include Georgia listings?
No. ZIP 11218 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.