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Housing market/California/ZIP 92840

ACS 2023 · FY2027 SAFMR

ZIP 92840 Garden Grove, 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
54,475
Households
15,891
Median HH income
$96,555
Renter share
46.6%
Median gross rent
$1,955
Vacancy
4.6%
Pop. change
-1.3%
2BR SAFMR
$2,920
SAFMR / rent
1.494×
2–49 unit stock
3,638
LIHTC proj / units
1 / 47
HUD assisted MF
2 / 225

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 92840 · CA — sent to you.

ZIP 92840 · CA

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ACS rent vs 2BR SAFMR

ZIP 92840 — Garden Grove, CA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,955
2BR SAFMR$2,920
90% floor$2,628
110% ceiling$3,212

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

Housing stock

ACS 2023 units-in-structure · ZCTA 92840

  • 1-unit detached9,22755.4%
  • 1-unit attached1,0736.4%
  • 2–4 units1,2937.8%
  • 5–49 units2,34514.1%
  • 50+ units1,93511.6%
  • Mobile7804.7%
TypeUnitsShare
1-unit detached9,22755.4%
1-unit attached1,0736.4%
2 units (duplex)1831.1%
3–4 units1,1106.7%
5–9 units8385.0%
10–19 units7154.3%
20–49 units7924.8%
50+ units1,93511.6%
Mobile7804.7%

2–4 unit share 7.8% · 5–49 unit share 14.1% · combined 2–49 21.8%.

Units by bedrooms

Studio
724
1BR
2,477
2BR
3,879
3BR
5,383
4BR
3,862
5+
337

Rent burden

Rent ≥30% of income52.8%
Rent ≥50% of income26.6%
  • ACS median gross rent $1,955 (all bedrooms, occupied rentals).
  • Median contract rent $1,826.
  • Renters paying ≥30% of income 52.8%; ≥50% 26.6%.
  • FY2027 2BR SAFMR $2,920 (1.494× ACS median gross rent).

Population

54,475 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.3%.

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

Assisted inventory

  • LIHTC: 1 projects, 47 units.
  • HUD project-based assisted MF: 2 properties, 225 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 92840 46.6% of occupied households are renters; vacancy is 4.6%; ACS median gross rent is $1,955; population changed -1.3% between the 2018 and 2023 ACS vintages; the housing stock includes 1,293 units in 2–4-unit structures and 2,345 units in 5–49-unit structures; 1 LIHTC projects totaling 47 units; FY2027 2BR SAFMR is $2,920 versus ACS median gross rent of $1,955. 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 92840 is a Census / HUD profile for Santa Ana-Anaheim-Irvine, CA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 92840 — Garden Grove, CA HUD Section 8 Payment Standards / SAFMR·California ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
90620Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area27.3%$2,263$2,97090621Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area63.0%$2,061$2,92090622Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area——$3,06090623Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area31.7%$2,224$2,79090624Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area——$3,06090630Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area32.7%$2,452$3,10090631Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area38.5%$2,029$2,69090632Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area——$3,06090633Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area——$3,06090638Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area23.5%$2,052$3,41090680Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area48.6%$1,953$2,92090720Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area35.1%$2,370$3,070

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 92840?

ZIP 92840 (Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area) has 54,475 residents, 15,891 households, a renter share of 46.6%, median household income of $96,555, and ACS 2023 median gross rent of $1,955. Vacancy is 4.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 92840?

ACS counts 183 units in 2-unit buildings, 1,110 in 3–4 unit buildings, 838 in 5–9, 715 in 10–19, and 792 in 20–49. Combined 2–49 unit stock is 3,638 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 92840?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,920. See the full schedule and 90–110% payment-standard band on the ZIP 92840 — Garden Grove, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 92840 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.