Housing market/Florida/ZIP 32958

ACS 2023 · FY2027 SAFMR

ZIP 32958 Sebastian, Florida

Sebastian-Vero Beach-West Vero Corridor, 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
29,641
Households
13,364
Median HH income
$68,276
Renter share
15.7%
Median gross rent
$1,388
Vacancy
13.9%
Pop. change
+7.1%
2BR SAFMR
$1,650
SAFMR / rent
1.189×
2–49 unit stock
1,300
LIHTC proj / units
2 / 220
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 32958 · FL — sent to you.

ZIP 32958 · FL

ACS median rent$1,388
2BR SAFMR$1,650
90% floor$1,485
110% ceiling$1,815

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

Housing stock

ACS 2023 units-in-structure · ZCTA 32958

  • 1-unit detached12,54780.9%
  • 1-unit attached2421.6%
  • 2–4 units5563.6%
  • 5–49 units7444.8%
  • 50+ units1220.8%
  • Mobile1,3018.4%
TypeUnitsShare
1-unit detached12,54780.9%
1-unit attached2421.6%
2 units (duplex)2641.7%
3–4 units2921.9%
5–9 units2191.4%
10–19 units1701.1%
20–49 units3552.3%
50+ units1220.8%
Mobile1,3018.4%

2–4 unit share 3.6% · 5–49 unit share 4.8% · combined 2–49 8.4%.

Units by bedrooms

Studio
30
1BR
291
2BR
4,836
3BR
8,669
4BR
1,420
5+
266

Rent burden

Rent ≥30% of income53.5%
Rent ≥50% of income29.9%
  • ACS median gross rent $1,388 (all bedrooms, occupied rentals).
  • Median contract rent $1,192.
  • Renters paying ≥30% of income 53.5%; ≥50% 29.9%.
  • FY2027 2BR SAFMR $1,650 (1.189× ACS median gross rent).

Population

29,641 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +7.1%.

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

Assisted inventory

  • LIHTC: 2 projects, 220 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 72 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 32958 15.7% of occupied households are renters; vacancy is 13.9%; ACS median gross rent is $1,388; population increased +7.1% between the 2018 and 2023 ACS vintages; the housing stock includes 556 units in 2–4-unit structures and 744 units in 5–49-unit structures; 2 LIHTC projects totaling 220 units; FY2027 2BR SAFMR is $1,650 versus ACS median gross rent of $1,388. 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 32958 is a Census / HUD profile for Sebastian-Vero Beach-West Vero Corridor, 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 32958?

ZIP 32958 (Sebastian-Vero Beach-West Vero Corridor, FL MSA) has 29,641 residents, 13,364 households, a renter share of 15.7%, median household income of $68,276, and ACS 2023 median gross rent of $1,388. Vacancy is 13.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 32958?

ACS counts 264 units in 2-unit buildings, 292 in 3–4 unit buildings, 219 in 5–9, 170 in 10–19, and 355 in 20–49. Combined 2–49 unit stock is 1,300 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 32958?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,650. See the full schedule and 90–110% payment-standard band on the ZIP 32958 — Sebastian, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 32958 is Census / HUD research for Sebastian-Vero Beach-West Vero Corridor, 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.