Housing market/Florida/ZIP 32461

ACS 2023 · FY2027 SAFMR

ZIP 32461 Rosemary Bch, Walton County, Florida

Walton County, FL HUD Metro FMR Area · Florida. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
3,517
Households
1,567
Median HH income
$146,393
Renter share
14.4%
Median gross rent
$2,665
Vacancy
73.3%
Pop. change
+10244.1%
2BR SAFMR
$2,210
SAFMR / rent
0.829×
2–49 unit stock
1,410
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32461 · FL — sent to you.

ZIP 32461 · FL

ACS median rent$2,665
2BR SAFMR$2,210
90% floor$1,989
110% ceiling$2,431

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32461

  • 1-unit detached3,83865.5%
  • 1-unit attached1492.5%
  • 2–4 units68611.7%
  • 5–49 units72412.4%
  • 50+ units3205.5%
  • Mobile1432.4%
TypeUnitsShare
1-unit detached3,83865.5%
1-unit attached1492.5%
2 units (duplex)1733.0%
3–4 units5138.8%
5–9 units2884.9%
10–19 units1372.3%
20–49 units2995.1%
50+ units3205.5%
Mobile1432.4%

2–4 unit share 11.7% · 5–49 unit share 12.4% · combined 2–49 24.1%.

Units by bedrooms

Studio
157
1BR
167
2BR
1,245
3BR
2,325
4BR
1,390
5+
576

Rent burden

Rent ≥30% of income32.4%
Rent ≥50% of income24.0%
  • ACS median gross rent $2,665 (all bedrooms, occupied rentals).
  • Median contract rent $2,361.
  • Renters paying ≥30% of income 32.4%; ≥50% 24.0%.
  • FY2027 2BR SAFMR $2,210 (0.829× ACS median gross rent).

Population

3,517 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10244.1%.

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 954 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 32461 14.4% of occupied households are renters; vacancy is 73.3%; ACS median gross rent is $2,665; population increased +10244.1% between the 2018 and 2023 ACS vintages; the housing stock includes 686 units in 2–4-unit structures and 724 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,210 versus ACS median gross rent of $2,665. 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.

Florida research

ZIP 32461 is a Census / HUD profile for Walton County, FL. 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 Florida research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 32461?

ZIP 32461 (Walton County, FL HUD Metro FMR Area) has 3,517 residents, 1,567 households, a renter share of 14.4%, median household income of $146,393, and ACS 2023 median gross rent of $2,665. Vacancy is 73.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32461?

ACS counts 173 units in 2-unit buildings, 513 in 3–4 unit buildings, 288 in 5–9, 137 in 10–19, and 299 in 20–49. Combined 2–49 unit stock is 1,410 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32461?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,210. See the full schedule and 90–110% payment-standard band on the ZIP 32461 — Rosemary Bch, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32461 is Census / HUD research for Walton County, FL HUD Metro FMR Area. Jeff Crowe CRE does not list Florida 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.