Housing market/Florida/ZIP 32571

ACS 2023 · FY2027 SAFMR

ZIP 32571 Milton, 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
41,188
Households
14,302
Median HH income
$89,137
Renter share
14.1%
Median gross rent
$1,186
Vacancy
4.9%
Pop. change
+16.4%
2BR SAFMR
$1,510
SAFMR / rent
1.273×
2–49 unit stock
523
LIHTC proj / units
3 / 226
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32571 · FL — sent to you.

ZIP 32571 · FL

ACS median rent$1,186
2BR SAFMR$1,510
90% floor$1,359
110% ceiling$1,661

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32571

  • 1-unit detached13,20587.9%
  • 1-unit attached670.4%
  • 2–4 units1801.2%
  • 5–49 units3432.3%
  • 50+ units570.4%
  • Mobile1,1697.8%
TypeUnitsShare
1-unit detached13,20587.8%
1-unit attached670.4%
2 units (duplex)630.4%
3–4 units1170.8%
5–9 units1871.2%
10–19 units1561.0%
20–49 units00.0%
50+ units570.4%
Mobile1,1697.8%

2–4 unit share 1.2% · 5–49 unit share 2.3% · combined 2–49 3.5%.

Units by bedrooms

Studio
79
1BR
221
2BR
1,524
3BR
8,219
4BR
4,366
5+
632

Rent burden

Rent ≥30% of income40.2%
Rent ≥50% of income12.9%
  • ACS median gross rent $1,186 (all bedrooms, occupied rentals).
  • Median contract rent $976.
  • Renters paying ≥30% of income 40.2%; ≥50% 12.9%.
  • FY2027 2BR SAFMR $1,510 (1.273× ACS median gross rent).

Population

41,188 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +16.4%.

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

Assisted inventory

  • LIHTC: 3 projects, 226 units.
  • 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 0 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 32571 14.1% of occupied households are renters; vacancy is 4.9%; ACS median gross rent is $1,186; population increased +16.4% between the 2018 and 2023 ACS vintages; the housing stock includes 180 units in 2–4-unit structures and 343 units in 5–49-unit structures; 3 LIHTC projects totaling 226 units; FY2027 2BR SAFMR is $1,510 versus ACS median gross rent of $1,186. 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 32571 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 32571?

ZIP 32571 (Pensacola-Ferry Pass-Brent, FL MSA) has 41,188 residents, 14,302 households, a renter share of 14.1%, median household income of $89,137, and ACS 2023 median gross rent of $1,186. Vacancy is 4.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32571?

ACS counts 63 units in 2-unit buildings, 117 in 3–4 unit buildings, 187 in 5–9, 156 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 523 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32571?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,510. See the full schedule and 90–110% payment-standard band on the ZIP 32571 — Milton, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32571 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.