Housing market/New York/ZIP 11355

ACS 2023 · FY2027 SAFMR

ZIP 11355 Flushing, 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
79,802
Households
30,651
Median HH income
$53,700
Renter share
70.0%
Median gross rent
$1,664
Vacancy
4.4%
Pop. change
-1.3%
2BR SAFMR
$3,140
SAFMR / rent
1.887×
2–49 unit stock
11,888
LIHTC proj / units
5 / 920
HUD assisted MF
3 / 324

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 11355 · NY — sent to you.

ZIP 11355 · NY

ACS median rent$1,664
2BR SAFMR$3,140
90% floor$2,826
110% ceiling$3,454

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

Housing stock

ACS 2023 units-in-structure · ZCTA 11355

  • 1-unit detached2,5518.0%
  • 1-unit attached2,6198.2%
  • 2–4 units5,75918.0%
  • 5–49 units6,12919.1%
  • 50+ units14,92846.6%
  • Mobile420.1%
TypeUnitsShare
1-unit detached2,5518.0%
1-unit attached2,6198.2%
2 units (duplex)3,65511.4%
3–4 units2,1046.6%
5–9 units1,1543.6%
10–19 units8362.6%
20–49 units4,13912.9%
50+ units14,92846.6%
Mobile420.1%

2–4 unit share 18.0% · 5–49 unit share 19.1% · combined 2–49 37.1%.

Units by bedrooms

Studio
3,748
1BR
10,206
2BR
11,140
3BR
5,263
4BR
1,240
5+
452

Rent burden

Rent ≥30% of income57.5%
Rent ≥50% of income32.3%
  • ACS median gross rent $1,664 (all bedrooms, occupied rentals).
  • Median contract rent $1,576.
  • Renters paying ≥30% of income 57.5%; ≥50% 32.3%.
  • FY2027 2BR SAFMR $3,140 (1.887× ACS median gross rent).

Population

79,802 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.3%.

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

Assisted inventory

  • LIHTC: 5 projects, 920 units.
  • HUD project-based assisted MF: 3 properties, 324 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 2,992 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 11355 70.0% of occupied households are renters; vacancy is 4.4%; ACS median gross rent is $1,664; population changed -1.3% between the 2018 and 2023 ACS vintages; the housing stock includes 5,759 units in 2–4-unit structures and 6,129 units in 5–49-unit structures; 5 LIHTC projects totaling 920 units; FY2027 2BR SAFMR is $3,140 versus ACS median gross rent of $1,664. 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 11355 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 11355?

ZIP 11355 (New York, NY HUD Metro FMR Area) has 79,802 residents, 30,651 households, a renter share of 70.0%, median household income of $53,700, and ACS 2023 median gross rent of $1,664. Vacancy is 4.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 11355?

ACS counts 3,655 units in 2-unit buildings, 2,104 in 3–4 unit buildings, 1,154 in 5–9, 836 in 10–19, and 4,139 in 20–49. Combined 2–49 unit stock is 11,888 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 11355?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,140. See the full schedule and 90–110% payment-standard band on the ZIP 11355 — Flushing, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 11355 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.