Housing market/Georgia/ZIP 30024

ACS 2023 · FY2027 SAFMR

ZIP 30024 Suwanee, Georgia

Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area · Georgia. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
85,106
Households
28,362
Median HH income
$139,918
Renter share
21.4%
Median gross rent
$1,872
Vacancy
3.2%
Pop. change
+10.1%
2BR SAFMR
$2,110
SAFMR / rent
1.127×
2–49 unit stock
3,420
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 30024 · GA — sent to you.

ZIP 30024 · GA

ACS median rent$1,872
2BR SAFMR$2,110
90% floor$1,899
110% ceiling$2,321

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

Housing stock

ACS 2023 units-in-structure · ZCTA 30024

  • 1-unit detached22,49476.8%
  • 1-unit attached2,0707.1%
  • 2–4 units4911.7%
  • 5–49 units2,92910.0%
  • 50+ units1,1423.9%
  • Mobile1800.6%
TypeUnitsShare
1-unit detached22,49476.8%
1-unit attached2,0707.1%
2 units (duplex)4261.5%
3–4 units650.2%
5–9 units5171.8%
10–19 units1,3974.8%
20–49 units1,0153.5%
50+ units1,1423.9%
Mobile1800.6%

2–4 unit share 1.7% · 5–49 unit share 10.0% · combined 2–49 11.7%.

Units by bedrooms

Studio
369
1BR
1,715
2BR
2,886
3BR
6,076
4BR
10,785
5+
7,475

Rent burden

Rent ≥30% of income46.5%
Rent ≥50% of income26.0%
  • ACS median gross rent $1,872 (all bedrooms, occupied rentals).
  • Median contract rent $1,783.
  • Renters paying ≥30% of income 46.5%; ≥50% 26.0%.
  • FY2027 2BR SAFMR $2,110 (1.127× ACS median gross rent).

Population

85,106 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.1%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 994 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 30024 21.4% of occupied households are renters; vacancy is 3.2%; ACS median gross rent is $1,872; population increased +10.1% between the 2018 and 2023 ACS vintages; the housing stock includes 491 units in 2–4-unit structures and 2,929 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,110 versus ACS median gross rent of $1,872. 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.

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 Georgia research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 30024?

ZIP 30024 (Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area) has 85,106 residents, 28,362 households, a renter share of 21.4%, median household income of $139,918, and ACS 2023 median gross rent of $1,872. Vacancy is 3.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 30024?

ACS counts 426 units in 2-unit buildings, 65 in 3–4 unit buildings, 517 in 5–9, 1,397 in 10–19, and 1,015 in 20–49. Combined 2–49 unit stock is 3,420 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 30024?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,110. See the full schedule and 90–110% payment-standard band on the ZIP 30024 — Suwanee, GA HUD Section 8 Payment Standards / SAFMR.