Housing market/Florida/ZIP 32501

ACS 2023 · FY2027 SAFMR

ZIP 32501 Pensacola, Florida

Pensacola-Ferry Pass-Brent, FL MSA · Florida. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
10,721
Households
4,686
Median HH income
$39,127
Renter share
49.9%
Median gross rent
$964
Vacancy
14.9%
Pop. change
-7.2%
2BR SAFMR
$1,330
SAFMR / rent
1.380×
2–49 unit stock
1,335
LIHTC proj / units
11 / 461
HUD assisted MF
3 / 384

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 32501 · FL — sent to you.

ZIP 32501 · FL

ACS median rent$964
2BR SAFMR$1,330
90% floor$1,197
110% ceiling$1,463

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32501

  • 1-unit detached3,56264.7%
  • 1-unit attached1322.4%
  • 2–4 units81714.8%
  • 5–49 units5189.4%
  • 50+ units4017.3%
  • Mobile751.4%
TypeUnitsShare
1-unit detached3,56264.7%
1-unit attached1322.4%
2 units (duplex)3566.5%
3–4 units4618.4%
5–9 units2674.9%
10–19 units1332.4%
20–49 units1182.1%
50+ units4017.3%
Mobile751.4%

2–4 unit share 14.8% · 5–49 unit share 9.4% · combined 2–49 24.3%.

Units by bedrooms

Studio
242
1BR
951
2BR
1,823
3BR
1,858
4BR
517
5+
114

Rent burden

Rent ≥30% of income52.5%
Rent ≥50% of income35.3%
  • ACS median gross rent $964 (all bedrooms, occupied rentals).
  • Median contract rent $764.
  • Renters paying ≥30% of income 52.5%; ≥50% 35.3%.
  • FY2027 2BR SAFMR $1,330 (1.380× ACS median gross rent).

Population

10,721 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -7.2%.

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

Assisted inventory

  • LIHTC: 11 projects, 461 units.
  • HUD project-based assisted MF: 3 properties, 384 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 32 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 32501 49.9% of occupied households are renters; vacancy is 14.9%; ACS median gross rent is $964; population changed -7.2% between the 2018 and 2023 ACS vintages; the housing stock includes 817 units in 2–4-unit structures and 518 units in 5–49-unit structures; 11 LIHTC projects totaling 461 units; FY2027 2BR SAFMR is $1,330 versus ACS median gross rent of $964. 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 32501 is a Census / HUD profile for Pensacola-Ferry Pass-Brent, 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 32501?

ZIP 32501 (Pensacola-Ferry Pass-Brent, FL MSA) has 10,721 residents, 4,686 households, a renter share of 49.9%, median household income of $39,127, and ACS 2023 median gross rent of $964. Vacancy is 14.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32501?

ACS counts 356 units in 2-unit buildings, 461 in 3–4 unit buildings, 267 in 5–9, 133 in 10–19, and 118 in 20–49. Combined 2–49 unit stock is 1,335 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32501?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,330. See the full schedule and 90–110% payment-standard band on the ZIP 32501 — Pensacola, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32501 is Census / HUD research for Pensacola-Ferry Pass-Brent, FL MSA. 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.