Housing market/California/ZIP 92029

ACS 2023 · FY2027 SAFMR

ZIP 92029 Escondido, California

San Diego-Chula Vista-Carlsbad, CA MSA · California. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
20,296
Households
7,704
Median HH income
$120,038
Renter share
26.7%
Median gross rent
$2,232
Vacancy
3.4%
Pop. change
+6.0%
2BR SAFMR
$3,030
SAFMR / rent
1.358×
2–49 unit stock
839
LIHTC proj / units
1 / 132
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 92029 · CA — sent to you.

ZIP 92029 · CA

ACS median rent$2,232
2BR SAFMR$3,030
90% floor$2,727
110% ceiling$3,333

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

Housing stock

ACS 2023 units-in-structure · ZCTA 92029

  • 1-unit detached5,42868.1%
  • 1-unit attached1692.1%
  • 2–4 units4215.3%
  • 5–49 units4185.2%
  • 50+ units5927.4%
  • Mobile94811.9%
TypeUnitsShare
1-unit detached5,42868.1%
1-unit attached1692.1%
2 units (duplex)270.3%
3–4 units3944.9%
5–9 units1541.9%
10–19 units1321.7%
20–49 units1321.7%
50+ units5927.4%
Mobile94811.9%

2–4 unit share 5.3% · 5–49 unit share 5.2% · combined 2–49 10.5%.

Units by bedrooms

Studio
35
1BR
498
2BR
1,833
3BR
2,462
4BR
2,611
5+
537

Rent burden

Rent ≥30% of income67.7%
Rent ≥50% of income34.5%
  • ACS median gross rent $2,232 (all bedrooms, occupied rentals).
  • Median contract rent $2,140.
  • Renters paying ≥30% of income 67.7%; ≥50% 34.5%.
  • FY2027 2BR SAFMR $3,030 (1.358× ACS median gross rent).

Population

20,296 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.0%.

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

Assisted inventory

  • LIHTC: 1 projects, 132 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 7,311 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 92029 26.7% of occupied households are renters; vacancy is 3.4%; ACS median gross rent is $2,232; population increased +6.0% between the 2018 and 2023 ACS vintages; the housing stock includes 421 units in 2–4-unit structures and 418 units in 5–49-unit structures; 1 LIHTC projects totaling 132 units; FY2027 2BR SAFMR is $3,030 versus ACS median gross rent of $2,232. 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 92029 is a Census / HUD profile for San Diego-Chula Vista-Carlsbad, 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 92029?

ZIP 92029 (San Diego-Chula Vista-Carlsbad, CA MSA) has 20,296 residents, 7,704 households, a renter share of 26.7%, median household income of $120,038, and ACS 2023 median gross rent of $2,232. Vacancy is 3.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 92029?

ACS counts 27 units in 2-unit buildings, 394 in 3–4 unit buildings, 154 in 5–9, 132 in 10–19, and 132 in 20–49. Combined 2–49 unit stock is 839 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 92029?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,030. See the full schedule and 90–110% payment-standard band on the ZIP 92029 — Escondido, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 92029 is Census / HUD research for San Diego-Chula Vista-Carlsbad, CA MSA. 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.