Housing market/Delaware/ZIP 19703

ACS 2023 · FY2027 SAFMR

ZIP 19703 Claymont, Delaware

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA · Delaware. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
15,936
Households
6,818
Median HH income
$76,328
Renter share
46.6%
Median gross rent
$1,305
Vacancy
4.2%
Pop. change
+8.8%
2BR SAFMR
$1,690
SAFMR / rent
1.295×
2–49 unit stock
2,229
LIHTC proj / units
3 / 466
HUD assisted MF
3 / 356

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 19703 · DE — sent to you.

ZIP 19703 · DE

ACS median rent$1,305
2BR SAFMR$1,690
90% floor$1,521
110% ceiling$1,859

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

Housing stock

ACS 2023 units-in-structure · ZCTA 19703

  • 1-unit detached2,98742.0%
  • 1-unit attached1,16016.3%
  • 2–4 units3665.1%
  • 5–49 units1,86326.2%
  • 50+ units72310.2%
  • Mobile150.2%
TypeUnitsShare
1-unit detached2,98742.0%
1-unit attached1,16016.3%
2 units (duplex)1101.5%
3–4 units2563.6%
5–9 units5467.7%
10–19 units1,19816.8%
20–49 units1191.7%
50+ units72310.2%
Mobile150.2%

2–4 unit share 5.1% · 5–49 unit share 26.2% · combined 2–49 31.3%.

Units by bedrooms

Studio
134
1BR
1,363
2BR
2,166
3BR
2,059
4BR
1,292
5+
100

Rent burden

Rent ≥30% of income42.1%
Rent ≥50% of income18.6%
  • ACS median gross rent $1,305 (all bedrooms, occupied rentals).
  • Median contract rent $1,200.
  • Renters paying ≥30% of income 42.1%; ≥50% 18.6%.
  • FY2027 2BR SAFMR $1,690 (1.295× ACS median gross rent).

Population

15,936 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.8%.

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

Assisted inventory

  • LIHTC: 3 projects, 466 units.
  • HUD project-based assisted MF: 3 properties, 356 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 188 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 19703 46.6% of occupied households are renters; vacancy is 4.2%; ACS median gross rent is $1,305; population increased +8.8% between the 2018 and 2023 ACS vintages; the housing stock includes 366 units in 2–4-unit structures and 1,863 units in 5–49-unit structures; 3 LIHTC projects totaling 466 units; FY2027 2BR SAFMR is $1,690 versus ACS median gross rent of $1,305. 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.

Delaware research

ZIP 19703 is a Census / HUD profile for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD, DE. 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 Delaware research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 19703?

ZIP 19703 (Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA) has 15,936 residents, 6,818 households, a renter share of 46.6%, median household income of $76,328, and ACS 2023 median gross rent of $1,305. Vacancy is 4.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 19703?

ACS counts 110 units in 2-unit buildings, 256 in 3–4 unit buildings, 546 in 5–9, 1,198 in 10–19, and 119 in 20–49. Combined 2–49 unit stock is 2,229 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 19703?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,690. See the full schedule and 90–110% payment-standard band on the ZIP 19703 — Claymont, DE HUD Section 8 Payment Standards / SAFMR.

Does this Delaware ZIP profile include Georgia listings?

No. ZIP 19703 is Census / HUD research for Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA. Jeff Crowe CRE does not list Delaware 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.