Housing market/California/ZIP 93907

ACS 2023 · FY2027 SAFMR

ZIP 93907 Salinas, California

Salinas, 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
24,922
Households
7,234
Median HH income
$103,268
Renter share
31.7%
Median gross rent
$2,122
Vacancy
5.5%
Pop. change
+9.5%
2BR SAFMR
$2,540
SAFMR / rent
1.197×
2–49 unit stock
732
LIHTC proj / units
2 / 97
HUD assisted MF
1 / 20

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 93907 · CA — sent to you.

ZIP 93907 · CA

ACS median rent$2,122
2BR SAFMR$2,540
90% floor$2,286
110% ceiling$2,794

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

Housing stock

ACS 2023 units-in-structure · ZCTA 93907

  • 1-unit detached5,67674.1%
  • 1-unit attached3774.9%
  • 2–4 units2152.8%
  • 5–49 units5176.8%
  • 50+ units1842.4%
  • Mobile6909.0%
TypeUnitsShare
1-unit detached5,67674.1%
1-unit attached3774.9%
2 units (duplex)690.9%
3–4 units1461.9%
5–9 units4015.2%
10–19 units781.0%
20–49 units380.5%
50+ units1842.4%
Mobile6909.0%

2–4 unit share 2.8% · 5–49 unit share 6.8% · combined 2–49 9.6%.

Units by bedrooms

Studio
191
1BR
602
2BR
1,561
3BR
3,923
4BR
1,179
5+
203

Rent burden

Rent ≥30% of income52.1%
Rent ≥50% of income21.6%
  • ACS median gross rent $2,122 (all bedrooms, occupied rentals).
  • Median contract rent $1,917.
  • Renters paying ≥30% of income 52.1%; ≥50% 21.6%.
  • FY2027 2BR SAFMR $2,540 (1.197× ACS median gross rent).

Population

24,922 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +9.5%.

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

Assisted inventory

  • LIHTC: 2 projects, 97 units.
  • HUD project-based assisted MF: 1 properties, 20 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 96 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 93907 31.7% of occupied households are renters; vacancy is 5.5%; ACS median gross rent is $2,122; population increased +9.5% between the 2018 and 2023 ACS vintages; the housing stock includes 215 units in 2–4-unit structures and 517 units in 5–49-unit structures; 2 LIHTC projects totaling 97 units; FY2027 2BR SAFMR is $2,540 versus ACS median gross rent of $2,122. 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 93907 is a Census / HUD profile for Salinas, 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 93907?

ZIP 93907 (Salinas, CA MSA) has 24,922 residents, 7,234 households, a renter share of 31.7%, median household income of $103,268, and ACS 2023 median gross rent of $2,122. Vacancy is 5.5%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 93907?

ACS counts 69 units in 2-unit buildings, 146 in 3–4 unit buildings, 401 in 5–9, 78 in 10–19, and 38 in 20–49. Combined 2–49 unit stock is 732 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 93907?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,540. See the full schedule and 90–110% payment-standard band on the ZIP 93907 — Salinas, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 93907 is Census / HUD research for Salinas, 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.