Housing market/Florida/ZIP 32821

ACS 2023 · FY2027 SAFMR

ZIP 32821 Orlando, Florida

Orlando-Kissimmee-Sanford, 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
21,765
Households
9,350
Median HH income
$59,927
Renter share
64.8%
Median gross rent
$1,782
Vacancy
37.9%
Pop. change
+25.3%
2BR SAFMR
$2,130
SAFMR / rent
1.195×
2–49 unit stock
8,024
LIHTC proj / units
1 / 178
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32821 · FL — sent to you.

ZIP 32821 · FL

ACS median rent$1,782
2BR SAFMR$2,130
90% floor$1,917
110% ceiling$2,343

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32821

  • 1-unit detached3,17221.1%
  • 1-unit attached4442.9%
  • 2–4 units3072.0%
  • 5–49 units7,71751.2%
  • 50+ units3,38422.5%
  • Mobile370.2%
TypeUnitsShare
1-unit detached3,17221.1%
1-unit attached4442.9%
2 units (duplex)2581.7%
3–4 units490.3%
5–9 units7825.2%
10–19 units2,75718.3%
20–49 units4,17827.7%
50+ units3,38422.5%
Mobile370.2%

2–4 unit share 2.0% · 5–49 unit share 51.2% · combined 2–49 53.3%.

Units by bedrooms

Studio
618
1BR
3,694
2BR
7,453
3BR
3,076
4BR
220
5+
0

Rent burden

Rent ≥30% of income66.8%
Rent ≥50% of income24.9%
  • ACS median gross rent $1,782 (all bedrooms, occupied rentals).
  • Median contract rent $1,661.
  • Renters paying ≥30% of income 66.8%; ≥50% 24.9%.
  • FY2027 2BR SAFMR $2,130 (1.195× ACS median gross rent).

Population

21,765 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +25.3%.

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

Assisted inventory

  • LIHTC: 1 projects, 178 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 8,867 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 32821 64.8% of occupied households are renters; vacancy is 37.9%; ACS median gross rent is $1,782; population increased +25.3% between the 2018 and 2023 ACS vintages; the housing stock includes 307 units in 2–4-unit structures and 7,717 units in 5–49-unit structures; 1 LIHTC projects totaling 178 units; FY2027 2BR SAFMR is $2,130 versus ACS median gross rent of $1,782. 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 32821 is a Census / HUD profile for Orlando-Kissimmee-Sanford, 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 32821?

ZIP 32821 (Orlando-Kissimmee-Sanford, FL MSA) has 21,765 residents, 9,350 households, a renter share of 64.8%, median household income of $59,927, and ACS 2023 median gross rent of $1,782. Vacancy is 37.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32821?

ACS counts 258 units in 2-unit buildings, 49 in 3–4 unit buildings, 782 in 5–9, 2,757 in 10–19, and 4,178 in 20–49. Combined 2–49 unit stock is 8,024 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32821?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,130. See the full schedule and 90–110% payment-standard band on the ZIP 32821 — Orlando, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32821 is Census / HUD research for Orlando-Kissimmee-Sanford, 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.