Housing market/Florida/ZIP 33023

ACS 2023 · FY2027 SAFMR

ZIP 33023 Hollywood, Florida

Miami-Miami Beach-Kendall, FL HUD Metro FMR Area · Florida. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
70,914
Households
20,995
Median HH income
$70,003
Renter share
34.7%
Median gross rent
$1,621
Vacancy
6.5%
Pop. change
-3.7%
2BR SAFMR
$2,010
SAFMR / rent
1.240×
2–49 unit stock
3,731
LIHTC proj / units
3 / 622
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 33023 · FL — sent to you.

ZIP 33023 · FL

ACS median rent$1,621
2BR SAFMR$2,010
90% floor$1,809
110% ceiling$2,211

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

Housing stock

ACS 2023 units-in-structure · ZCTA 33023

  • 1-unit detached16,63574.1%
  • 1-unit attached6192.8%
  • 2–4 units1,4176.3%
  • 5–49 units2,31410.3%
  • 50+ units7923.5%
  • Mobile6703.0%
TypeUnitsShare
1-unit detached16,63574.1%
1-unit attached6192.8%
2 units (duplex)6833.0%
3–4 units7343.3%
5–9 units1,1104.9%
10–19 units6723.0%
20–49 units5322.4%
50+ units7923.5%
Mobile6703.0%

2–4 unit share 6.3% · 5–49 unit share 10.3% · combined 2–49 16.6%.

Units by bedrooms

Studio
662
1BR
1,807
2BR
6,283
3BR
10,998
4BR
2,429
5+
271

Rent burden

Rent ≥30% of income63.7%
Rent ≥50% of income33.3%
  • ACS median gross rent $1,621 (all bedrooms, occupied rentals).
  • Median contract rent $1,408.
  • Renters paying ≥30% of income 63.7%; ≥50% 33.3%.
  • FY2027 2BR SAFMR $2,010 (1.240× ACS median gross rent).

Population

70,914 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.7%.

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

Assisted inventory

  • LIHTC: 3 projects, 622 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 1,904 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 33023 34.7% of occupied households are renters; vacancy is 6.5%; ACS median gross rent is $1,621; population changed -3.7% between the 2018 and 2023 ACS vintages; the housing stock includes 1,417 units in 2–4-unit structures and 2,314 units in 5–49-unit structures; 3 LIHTC projects totaling 622 units; FY2027 2BR SAFMR is $2,010 versus ACS median gross rent of $1,621. 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 33023 is a Census / HUD profile for Miami-Miami Beach-Kendall, 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 33023?

ZIP 33023 (Miami-Miami Beach-Kendall, FL HUD Metro FMR Area) has 70,914 residents, 20,995 households, a renter share of 34.7%, median household income of $70,003, and ACS 2023 median gross rent of $1,621. Vacancy is 6.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33023?

ACS counts 683 units in 2-unit buildings, 734 in 3–4 unit buildings, 1,110 in 5–9, 672 in 10–19, and 532 in 20–49. Combined 2–49 unit stock is 3,731 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33023?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,010. See the full schedule and 90–110% payment-standard band on the ZIP 33023 — Hollywood, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33023 is Census / HUD research for Miami-Miami Beach-Kendall, FL HUD Metro FMR Area. 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.