Housing market/Texas/ZIP 79606

ACS 2023 · FY2027 SAFMR

ZIP 79606 Abilene, Texas

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

Population
29,428
Households
12,152
Median HH income
$83,201
Renter share
43.4%
Median gross rent
$1,165
Vacancy
7.9%
Pop. change
+16.4%
2BR SAFMR
$1,370
SAFMR / rent
1.176×
2–49 unit stock
3,450
LIHTC proj / units
3 / 247
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 79606 · TX — sent to you.

ZIP 79606 · TX

ACS median rent$1,165
2BR SAFMR$1,370
90% floor$1,233
110% ceiling$1,507

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

Housing stock

ACS 2023 units-in-structure · ZCTA 79606

  • 1-unit detached8,13661.7%
  • 1-unit attached3202.4%
  • 2–4 units7705.8%
  • 5–49 units2,68020.3%
  • 50+ units8776.7%
  • Mobile4023.0%
TypeUnitsShare
1-unit detached8,13661.7%
1-unit attached3202.4%
2 units (duplex)2401.8%
3–4 units5304.0%
5–9 units1,3119.9%
10–19 units1,0347.8%
20–49 units3352.5%
50+ units8776.6%
Mobile4023.0%

2–4 unit share 5.8% · 5–49 unit share 20.3% · combined 2–49 26.2%.

Units by bedrooms

Studio
154
1BR
1,928
2BR
2,684
3BR
6,227
4BR
2,015
5+
183

Rent burden

Rent ≥30% of income40.8%
Rent ≥50% of income18.7%
  • ACS median gross rent $1,165 (all bedrooms, occupied rentals).
  • Median contract rent $1,043.
  • Renters paying ≥30% of income 40.8%; ≥50% 18.7%.
  • FY2027 2BR SAFMR $1,370 (1.176× ACS median gross rent).

Population

29,428 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +16.4%.

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

Assisted inventory

  • LIHTC: 3 projects, 247 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 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 79606 43.4% of occupied households are renters; vacancy is 7.9%; ACS median gross rent is $1,165; population increased +16.4% between the 2018 and 2023 ACS vintages; the housing stock includes 770 units in 2–4-unit structures and 2,680 units in 5–49-unit structures; 3 LIHTC projects totaling 247 units; FY2027 2BR SAFMR is $1,370 versus ACS median gross rent of $1,165. 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.

Texas research

ZIP 79606 is a Census / HUD profile for Abilene, TX. 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 Texas research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 79606?

ZIP 79606 (Abilene, TX MSA) has 29,428 residents, 12,152 households, a renter share of 43.4%, median household income of $83,201, and ACS 2023 median gross rent of $1,165. Vacancy is 7.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 79606?

ACS counts 240 units in 2-unit buildings, 530 in 3–4 unit buildings, 1,311 in 5–9, 1,034 in 10–19, and 335 in 20–49. Combined 2–49 unit stock is 3,450 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 79606?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,370. See the full schedule and 90–110% payment-standard band on the ZIP 79606 — Abilene, TX HUD Section 8 Payment Standards / SAFMR.

Does this Texas ZIP profile include Georgia listings?

No. ZIP 79606 is Census / HUD research for Abilene, TX MSA. Jeff Crowe CRE does not list Texas 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.