Housing market/California/ZIP 92129

ACS 2023 · FY2027 SAFMR

ZIP 92129 San Diego, 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
53,080
Households
18,425
Median HH income
$152,626
Renter share
27.5%
Median gross rent
$2,671
Vacancy
3.0%
Pop. change
-3.5%
2BR SAFMR
$3,090
SAFMR / rent
1.157×
2–49 unit stock
4,005
LIHTC proj / units
5 / 749
HUD assisted MF
1 / 244

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 92129 · CA — sent to you.

ZIP 92129 · CA

ACS median rent$2,671
2BR SAFMR$3,090
90% floor$2,781
110% ceiling$3,399

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

Housing stock

ACS 2023 units-in-structure · ZCTA 92129

  • 1-unit detached12,87467.8%
  • 1-unit attached1,3957.3%
  • 2–4 units1,3907.3%
  • 5–49 units2,61513.8%
  • 50+ units6663.5%
  • Mobile530.3%
TypeUnitsShare
1-unit detached12,87467.8%
1-unit attached1,3957.3%
2 units (duplex)1490.8%
3–4 units1,2416.5%
5–9 units1,5918.4%
10–19 units5572.9%
20–49 units4672.5%
50+ units6663.5%
Mobile530.3%

2–4 unit share 7.3% · 5–49 unit share 13.8% · combined 2–49 21.1%.

Units by bedrooms

Studio
145
1BR
774
2BR
3,869
3BR
5,337
4BR
6,687
5+
2,181

Rent burden

Rent ≥30% of income55.0%
Rent ≥50% of income25.1%
  • ACS median gross rent $2,671 (all bedrooms, occupied rentals).
  • Median contract rent $2,494.
  • Renters paying ≥30% of income 55.0%; ≥50% 25.1%.
  • FY2027 2BR SAFMR $3,090 (1.157× ACS median gross rent).

Population

53,080 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.5%.

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

Assisted inventory

  • LIHTC: 5 projects, 749 units.
  • HUD project-based assisted MF: 1 properties, 244 assisted units.
  • 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 92129 27.5% of occupied households are renters; vacancy is 3.0%; ACS median gross rent is $2,671; population changed -3.5% between the 2018 and 2023 ACS vintages; the housing stock includes 1,390 units in 2–4-unit structures and 2,615 units in 5–49-unit structures; 5 LIHTC projects totaling 749 units; FY2027 2BR SAFMR is $3,090 versus ACS median gross rent of $2,671. 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 92129 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 92129?

ZIP 92129 (San Diego-Chula Vista-Carlsbad, CA MSA) has 53,080 residents, 18,425 households, a renter share of 27.5%, median household income of $152,626, and ACS 2023 median gross rent of $2,671. Vacancy is 3.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 92129?

ACS counts 149 units in 2-unit buildings, 1,241 in 3–4 unit buildings, 1,591 in 5–9, 557 in 10–19, and 467 in 20–49. Combined 2–49 unit stock is 4,005 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 92129?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,090. See the full schedule and 90–110% payment-standard band on the ZIP 92129 — San Diego, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 92129 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.