Housing market/Florida/ZIP 32952

ACS 2023 · FY2027 SAFMR

ZIP 32952 Merritt Island, Florida

Palm Bay-Melbourne-Titusville, 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
21,354
Households
8,586
Median HH income
$98,651
Renter share
14.7%
Median gross rent
$1,353
Vacancy
15.1%
Pop. change
+3.0%
2BR SAFMR
$1,730
SAFMR / rent
1.279×
2–49 unit stock
715
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32952 · FL — sent to you.

ZIP 32952 · FL

ACS median rent$1,353
2BR SAFMR$1,730
90% floor$1,557
110% ceiling$1,903

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32952

  • 1-unit detached8,62085.4%
  • 1-unit attached290.3%
  • 2–4 units1671.7%
  • 5–49 units5485.4%
  • 50+ units3443.4%
  • Mobile3823.8%
TypeUnitsShare
1-unit detached8,62085.3%
1-unit attached290.3%
2 units (duplex)1221.2%
3–4 units450.4%
5–9 units1982.0%
10–19 units2082.1%
20–49 units1421.4%
50+ units3443.4%
Mobile3823.8%

2–4 unit share 1.7% · 5–49 unit share 5.4% · combined 2–49 7.1%.

Units by bedrooms

Studio
80
1BR
455
2BR
1,473
3BR
4,646
4BR
2,804
5+
650

Rent burden

Rent ≥30% of income47.7%
Rent ≥50% of income14.2%
  • ACS median gross rent $1,353 (all bedrooms, occupied rentals).
  • Median contract rent $1,183.
  • Renters paying ≥30% of income 47.7%; ≥50% 14.2%.
  • FY2027 2BR SAFMR $1,730 (1.279× ACS median gross rent).

Population

21,354 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.0%.

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 1,230 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 32952 14.7% of occupied households are renters; vacancy is 15.1%; ACS median gross rent is $1,353; population increased +3.0% between the 2018 and 2023 ACS vintages; the housing stock includes 167 units in 2–4-unit structures and 548 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,730 versus ACS median gross rent of $1,353. 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 32952 is a Census / HUD profile for Palm Bay-Melbourne-Titusville, 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 32952?

ZIP 32952 (Palm Bay-Melbourne-Titusville, FL MSA) has 21,354 residents, 8,586 households, a renter share of 14.7%, median household income of $98,651, and ACS 2023 median gross rent of $1,353. Vacancy is 15.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32952?

ACS counts 122 units in 2-unit buildings, 45 in 3–4 unit buildings, 198 in 5–9, 208 in 10–19, and 142 in 20–49. Combined 2–49 unit stock is 715 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32952?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,730. See the full schedule and 90–110% payment-standard band on the ZIP 32952 — Merritt Island, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32952 is Census / HUD research for Palm Bay-Melbourne-Titusville, 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.