JeffCroweCRE

Housing market/Ohio/ZIP 43604

ACS 2023 · FY2027 SAFMR

ZIP 43604 Toledo, Ohio

Toledo, OH MSA · Ohio. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
9,708
Households
4,995
Median HH income
$18,980
Renter share
81.5%
Median gross rent
$499
Vacancy
14.9%
Pop. change
+8.8%
2BR SAFMR
$1,000
SAFMR / rent
2.004×
2–49 unit stock
1,648
LIHTC proj / units
28 / 2,675
HUD assisted MF
14 / 1,531

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 43604 · OH — sent to you.

ZIP 43604 · OH

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ACS rent vs 2BR SAFMR

ZIP 43604 — Toledo, OH HUD Section 8 Payment Standards / SAFMR →
ACS median rent$499
2BR SAFMR$1,000
90% floor$900
110% ceiling$1,100

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

Housing stock

ACS 2023 units-in-structure · ZCTA 43604

  • 1-unit detached1,51125.7%
  • 1-unit attached5198.8%
  • 2–4 units61410.5%
  • 5–49 units1,03417.6%
  • 50+ units2,19037.3%
TypeUnitsShare
1-unit detached1,51125.7%
1-unit attached5198.8%
2 units (duplex)3135.3%
3–4 units3015.1%
5–9 units3265.6%
10–19 units2904.9%
20–49 units4187.1%
50+ units2,19037.3%
Mobile00.0%

2–4 unit share 10.5% · 5–49 unit share 17.6% · combined 2–49 28.1%.

Units by bedrooms

Studio
453
1BR
2,154
2BR
1,668
3BR
1,015
4BR
400
5+
178

Rent burden

Rent ≥30% of income38.8%
Rent ≥50% of income17.9%
  • ACS median gross rent $499 (all bedrooms, occupied rentals).
  • Median contract rent $409.
  • Renters paying ≥30% of income 38.8%; ≥50% 17.9%.
  • FY2027 2BR SAFMR $1,000 (2.004× ACS median gross rent).

Population

9,708 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.8%.

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

Assisted inventory

  • LIHTC: 28 projects, 2,675 units.
  • HUD project-based assisted MF: 14 properties, 1,531 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 43604 81.5% of occupied households are renters; vacancy is 14.9%; ACS median gross rent is $499; population increased +8.8% between the 2018 and 2023 ACS vintages; the housing stock includes 614 units in 2–4-unit structures and 1,034 units in 5–49-unit structures; 28 LIHTC projects totaling 2,675 units; FY2027 2BR SAFMR is $1,000 versus ACS median gross rent of $499. 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.

Ohio research

ZIP 43604 is a Census / HUD profile for Toledo, OH. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 43604 — Toledo, OH HUD Section 8 Payment Standards / SAFMR·Ohio ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
43402Toledo, OH MSA54.8%$875$1,17043403Toledo, OH MSA——$1,17043412Toledo, OH MSA7.5%$1,142$1,19043413Toledo, OH MSA18.8%$936$1,21043414Toledo, OH MSA0.0%—$1,17043434Toledo, OH MSA17.4%—$1,10043437Toledo, OH MSA30.1%$844$1,21043441Toledo, OH MSA——$1,17043445Toledo, OH MSA0.0%—$1,20043447Toledo, OH MSA16.5%$1,052$1,28043451Toledo, OH MSA37.7%$854$1,05043460Toledo, OH MSA35.9%$854$1,080

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 Ohio research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 43604?

ZIP 43604 (Toledo, OH MSA) has 9,708 residents, 4,995 households, a renter share of 81.5%, median household income of $18,980, and ACS 2023 median gross rent of $499. Vacancy is 14.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 43604?

ACS counts 313 units in 2-unit buildings, 301 in 3–4 unit buildings, 326 in 5–9, 290 in 10–19, and 418 in 20–49. Combined 2–49 unit stock is 1,648 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 43604?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,000. See the full schedule and 90–110% payment-standard band on the ZIP 43604 — Toledo, OH HUD Section 8 Payment Standards / SAFMR.

Does this Ohio ZIP profile include Georgia listings?

No. ZIP 43604 is Census / HUD research for Toledo, OH MSA. Jeff Crowe CRE does not list Ohio 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.