Housing market/California/ZIP 90003

ACS 2023 · FY2027 SAFMR

ZIP 90003 Los Angeles, California

Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area · California. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
71,708
Households
17,634
Median HH income
$54,781
Renter share
73.4%
Median gross rent
$1,515
Vacancy
3.9%
Pop. change
-1.4%
2BR SAFMR
$2,240
SAFMR / rent
1.479×
2–49 unit stock
6,350
LIHTC proj / units
19 / 938
HUD assisted MF
7 / 278

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 90003 · CA — sent to you.

ZIP 90003 · CA

ACS median rent$1,515
2BR SAFMR$2,240
90% floor$2,016
110% ceiling$2,464

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

Housing stock

ACS 2023 units-in-structure · ZCTA 90003

  • 1-unit detached8,28245.1%
  • 1-unit attached3,45018.8%
  • 2–4 units3,78720.6%
  • 5–49 units2,56314.0%
  • 50+ units2331.3%
  • Mobile340.2%
TypeUnitsShare
1-unit detached8,28245.1%
1-unit attached3,45018.8%
2 units (duplex)1,6749.1%
3–4 units2,11311.5%
5–9 units1,3327.3%
10–19 units6003.3%
20–49 units6313.4%
50+ units2331.3%
Mobile340.2%

2–4 unit share 20.6% · 5–49 unit share 14.0% · combined 2–49 34.6%.

Units by bedrooms

Studio
543
1BR
3,611
2BR
6,968
3BR
4,713
4BR
1,930
5+
584

Rent burden

Rent ≥30% of income57.7%
Rent ≥50% of income33.4%
  • ACS median gross rent $1,515 (all bedrooms, occupied rentals).
  • Median contract rent $1,280.
  • Renters paying ≥30% of income 57.7%; ≥50% 33.4%.
  • FY2027 2BR SAFMR $2,240 (1.479× ACS median gross rent).

Population

71,708 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.4%.

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

Assisted inventory

  • LIHTC: 19 projects, 938 units.
  • HUD project-based assisted MF: 7 properties, 278 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 10,633 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 90003 73.4% of occupied households are renters; vacancy is 3.9%; ACS median gross rent is $1,515; population changed -1.4% between the 2018 and 2023 ACS vintages; the housing stock includes 3,787 units in 2–4-unit structures and 2,563 units in 5–49-unit structures; 19 LIHTC projects totaling 938 units; FY2027 2BR SAFMR is $2,240 versus ACS median gross rent of $1,515. 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.

California research

ZIP 90003 is a Census / HUD profile for Los Angeles-Long Beach-Glendale, CA. 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 California research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 90003?

ZIP 90003 (Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area) has 71,708 residents, 17,634 households, a renter share of 73.4%, median household income of $54,781, and ACS 2023 median gross rent of $1,515. Vacancy is 3.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 90003?

ACS counts 1,674 units in 2-unit buildings, 2,113 in 3–4 unit buildings, 1,332 in 5–9, 600 in 10–19, and 631 in 20–49. Combined 2–49 unit stock is 6,350 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 90003?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,240. See the full schedule and 90–110% payment-standard band on the ZIP 90003 — Los Angeles, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 90003 is Census / HUD research for Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area. Jeff Crowe CRE does not list California 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.