Housing market/New York/ZIP 14624

ACS 2023 · FY2027 SAFMR

ZIP 14624 Rochester, New York

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

Population
38,834
Households
15,421
Median HH income
$86,046
Renter share
19.9%
Median gross rent
$1,249
Vacancy
2.8%
Pop. change
+8.2%
2BR SAFMR
$1,600
SAFMR / rent
1.281×
2–49 unit stock
2,548
LIHTC proj / units
3 / 346
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 14624 · NY — sent to you.

ZIP 14624 · NY

ACS median rent$1,249
2BR SAFMR$1,600
90% floor$1,440
110% ceiling$1,760

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

Housing stock

ACS 2023 units-in-structure · ZCTA 14624

  • 1-unit detached12,02275.8%
  • 1-unit attached9796.2%
  • 2–4 units1,1507.2%
  • 5–49 units1,3988.8%
  • 50+ units1981.2%
  • Mobile1180.7%
TypeUnitsShare
1-unit detached12,02275.8%
1-unit attached9796.2%
2 units (duplex)1771.1%
3–4 units9736.1%
5–9 units7935.0%
10–19 units5093.2%
20–49 units960.6%
50+ units1981.2%
Mobile1180.7%

2–4 unit share 7.2% · 5–49 unit share 8.8% · combined 2–49 16.1%.

Units by bedrooms

Studio
68
1BR
1,019
2BR
3,223
3BR
7,910
4BR
3,251
5+
394

Rent burden

Rent ≥30% of income35.2%
Rent ≥50% of income17.2%
  • ACS median gross rent $1,249 (all bedrooms, occupied rentals).
  • Median contract rent $1,173.
  • Renters paying ≥30% of income 35.2%; ≥50% 17.2%.
  • FY2027 2BR SAFMR $1,600 (1.281× ACS median gross rent).

Population

38,834 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.2%.

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

Assisted inventory

  • LIHTC: 3 projects, 346 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 104 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 14624 19.9% of occupied households are renters; vacancy is 2.8%; ACS median gross rent is $1,249; population increased +8.2% between the 2018 and 2023 ACS vintages; the housing stock includes 1,150 units in 2–4-unit structures and 1,398 units in 5–49-unit structures; 3 LIHTC projects totaling 346 units; FY2027 2BR SAFMR is $1,600 versus ACS median gross rent of $1,249. 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 14624 is a Census / HUD profile for Rochester, 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 14624?

ZIP 14624 (Rochester, NY MSA) has 38,834 residents, 15,421 households, a renter share of 19.9%, median household income of $86,046, and ACS 2023 median gross rent of $1,249. Vacancy is 2.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 14624?

ACS counts 177 units in 2-unit buildings, 973 in 3–4 unit buildings, 793 in 5–9, 509 in 10–19, and 96 in 20–49. Combined 2–49 unit stock is 2,548 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 14624?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,600. See the full schedule and 90–110% payment-standard band on the ZIP 14624 — Rochester, NY HUD Section 8 Payment Standards / SAFMR.

Does this New York ZIP profile include Georgia listings?

No. ZIP 14624 is Census / HUD research for Rochester, NY MSA. 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.