Housing market/California/ZIP 92627

ACS 2023 · FY2027 SAFMR

ZIP 92627 Costa Mesa, California

Santa Ana-Anaheim-Irvine, 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
60,751
Households
22,389
Median HH income
$105,039
Renter share
62.9%
Median gross rent
$2,299
Vacancy
3.9%
Pop. change
-3.9%
2BR SAFMR
$3,080
SAFMR / rent
1.340×
2–49 unit stock
8,941
LIHTC proj / units
2 / 306
HUD assisted MF
3 / 134

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 92627 · CA — sent to you.

ZIP 92627 · CA

ACS median rent$2,299
2BR SAFMR$3,080
90% floor$2,772
110% ceiling$3,388

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

Housing stock

ACS 2023 units-in-structure · ZCTA 92627

  • 1-unit detached8,29035.6%
  • 1-unit attached3,18113.7%
  • 2–4 units4,11417.7%
  • 5–49 units4,82720.7%
  • 50+ units1,8267.8%
  • Mobile1,0354.4%
TypeUnitsShare
1-unit detached8,29035.6%
1-unit attached3,18113.7%
2 units (duplex)1,4136.1%
3–4 units2,70111.6%
5–9 units1,9948.6%
10–19 units1,7927.7%
20–49 units1,0414.5%
50+ units1,8267.8%
Mobile1,0354.4%

2–4 unit share 17.7% · 5–49 unit share 20.7% · combined 2–49 38.4%.

Units by bedrooms

Studio
1,175
1BR
4,031
2BR
8,860
3BR
6,959
4BR
1,925
5+
336

Rent burden

Rent ≥30% of income49.7%
Rent ≥50% of income22.1%
  • ACS median gross rent $2,299 (all bedrooms, occupied rentals).
  • Median contract rent $2,182.
  • Renters paying ≥30% of income 49.7%; ≥50% 22.1%.
  • FY2027 2BR SAFMR $3,080 (1.340× ACS median gross rent).

Population

60,751 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.9%.

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

Assisted inventory

  • LIHTC: 2 projects, 306 units.
  • HUD project-based assisted MF: 3 properties, 134 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,892 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 92627 62.9% of occupied households are renters; vacancy is 3.9%; ACS median gross rent is $2,299; population changed -3.9% between the 2018 and 2023 ACS vintages; the housing stock includes 4,114 units in 2–4-unit structures and 4,827 units in 5–49-unit structures; 2 LIHTC projects totaling 306 units; FY2027 2BR SAFMR is $3,080 versus ACS median gross rent of $2,299. 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 92627 is a Census / HUD profile for Santa Ana-Anaheim-Irvine, 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 92627?

ZIP 92627 (Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area) has 60,751 residents, 22,389 households, a renter share of 62.9%, median household income of $105,039, and ACS 2023 median gross rent of $2,299. Vacancy is 3.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 92627?

ACS counts 1,413 units in 2-unit buildings, 2,701 in 3–4 unit buildings, 1,994 in 5–9, 1,792 in 10–19, and 1,041 in 20–49. Combined 2–49 unit stock is 8,941 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 92627?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,080. See the full schedule and 90–110% payment-standard band on the ZIP 92627 — Costa Mesa, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 92627 is Census / HUD research for Santa Ana-Anaheim-Irvine, 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.