Housing market/Virginia/ZIP 23236

ACS 2023 · FY2027 SAFMR

ZIP 23236 Richmond, Virginia

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

Population
27,118
Households
10,364
Median HH income
$109,338
Renter share
13.5%
Median gross rent
$1,805
Vacancy
4.4%
Pop. change
+6.7%
2BR SAFMR
$2,020
SAFMR / rent
1.119×
2–49 unit stock
358
LIHTC proj / units
1 / 61
HUD assisted MF
2 / 7

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 23236 · VA — sent to you.

ZIP 23236 · VA

ACS median rent$1,805
2BR SAFMR$2,020
90% floor$1,818
110% ceiling$2,222

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

Housing stock

ACS 2023 units-in-structure · ZCTA 23236

  • 1-unit detached9,66589.2%
  • 1-unit attached7797.2%
  • 2–4 units610.6%
  • 5–49 units2972.7%
  • 50+ units370.3%
TypeUnitsShare
1-unit detached9,66589.2%
1-unit attached7797.2%
2 units (duplex)00.0%
3–4 units610.6%
5–9 units2162.0%
10–19 units350.3%
20–49 units460.4%
50+ units370.3%
Mobile00.0%

2–4 unit share 0.6% · 5–49 unit share 2.7% · combined 2–49 3.3%.

Units by bedrooms

Studio
0
1BR
117
2BR
906
3BR
5,218
4BR
3,493
5+
1,105

Rent burden

Rent ≥30% of income33.0%
Rent ≥50% of income19.5%
  • ACS median gross rent $1,805 (all bedrooms, occupied rentals).
  • Median contract rent $1,582.
  • Renters paying ≥30% of income 33.0%; ≥50% 19.5%.
  • FY2027 2BR SAFMR $2,020 (1.119× ACS median gross rent).

Population

27,118 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.7%.

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

Assisted inventory

  • LIHTC: 1 projects, 61 units.
  • HUD project-based assisted MF: 2 properties, 7 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 618 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 23236 13.5% of occupied households are renters; vacancy is 4.4%; ACS median gross rent is $1,805; population increased +6.7% between the 2018 and 2023 ACS vintages; the housing stock includes 61 units in 2–4-unit structures and 297 units in 5–49-unit structures; 1 LIHTC projects totaling 61 units; FY2027 2BR SAFMR is $2,020 versus ACS median gross rent of $1,805. 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.

Virginia research

ZIP 23236 is a Census / HUD profile for Richmond, VA. 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 Virginia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 23236?

ZIP 23236 (Richmond, VA HUD Metro FMR Area) has 27,118 residents, 10,364 households, a renter share of 13.5%, median household income of $109,338, and ACS 2023 median gross rent of $1,805. Vacancy is 4.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 23236?

ACS counts 0 units in 2-unit buildings, 61 in 3–4 unit buildings, 216 in 5–9, 35 in 10–19, and 46 in 20–49. Combined 2–49 unit stock is 358 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 23236?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,020. See the full schedule and 90–110% payment-standard band on the ZIP 23236 — Richmond, VA HUD Section 8 Payment Standards / SAFMR.

Does this Virginia ZIP profile include Georgia listings?

No. ZIP 23236 is Census / HUD research for Richmond, VA HUD Metro FMR Area. Jeff Crowe CRE does not list Virginia 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.