Housing market/Florida/ZIP 33602

ACS 2023 · FY2027 SAFMR

ZIP 33602 Tampa, Florida

Tampa-St. Petersburg-Clearwater, 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
19,694
Households
10,787
Median HH income
$88,569
Renter share
69.0%
Median gross rent
$2,119
Vacancy
9.9%
Pop. change
+36.7%
2BR SAFMR
$2,880
SAFMR / rent
1.359×
2–49 unit stock
1,968
LIHTC proj / units
11 / 1,386
HUD assisted MF
4 / 428

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 33602 · FL — sent to you.

ZIP 33602 · FL

ACS median rent$2,119
2BR SAFMR$2,880
90% floor$2,592
110% ceiling$3,168

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

Housing stock

ACS 2023 units-in-structure · ZCTA 33602

  • 1-unit detached1,40011.7%
  • 1-unit attached6525.4%
  • 2–4 units3743.1%
  • 5–49 units1,59413.3%
  • 50+ units7,94366.3%
  • Mobile90.1%
TypeUnitsShare
1-unit detached1,40011.7%
1-unit attached6525.4%
2 units (duplex)1851.5%
3–4 units1891.6%
5–9 units6065.1%
10–19 units4403.7%
20–49 units5484.6%
50+ units7,94366.3%
Mobile90.1%

2–4 unit share 3.1% · 5–49 unit share 13.3% · combined 2–49 16.4%.

Units by bedrooms

Studio
1,125
1BR
4,121
2BR
4,252
3BR
2,203
4BR
203
5+
68

Rent burden

Rent ≥30% of income44.6%
Rent ≥50% of income24.9%
  • ACS median gross rent $2,119 (all bedrooms, occupied rentals).
  • Median contract rent $2,038.
  • Renters paying ≥30% of income 44.6%; ≥50% 24.9%.
  • FY2027 2BR SAFMR $2,880 (1.359× ACS median gross rent).

Population

19,694 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +36.7%.

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

Assisted inventory

  • LIHTC: 11 projects, 1,386 units.
  • HUD project-based assisted MF: 4 properties, 428 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 4,357 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 33602 69.0% of occupied households are renters; vacancy is 9.9%; ACS median gross rent is $2,119; population increased +36.7% between the 2018 and 2023 ACS vintages; the housing stock includes 374 units in 2–4-unit structures and 1,594 units in 5–49-unit structures; 11 LIHTC projects totaling 1,386 units; FY2027 2BR SAFMR is $2,880 versus ACS median gross rent of $2,119. 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 33602 is a Census / HUD profile for Tampa-St. Petersburg-Clearwater, 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 33602?

ZIP 33602 (Tampa-St. Petersburg-Clearwater, FL MSA) has 19,694 residents, 10,787 households, a renter share of 69.0%, median household income of $88,569, and ACS 2023 median gross rent of $2,119. Vacancy is 9.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 33602?

ACS counts 185 units in 2-unit buildings, 189 in 3–4 unit buildings, 606 in 5–9, 440 in 10–19, and 548 in 20–49. Combined 2–49 unit stock is 1,968 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 33602?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,880. See the full schedule and 90–110% payment-standard band on the ZIP 33602 — Tampa, FL HUD Section 8 Payment Standards / SAFMR.

Does this Florida ZIP profile include Georgia listings?

No. ZIP 33602 is Census / HUD research for Tampa-St. Petersburg-Clearwater, 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.