Housing market/California/ZIP 94063

ACS 2023 · FY2027 SAFMR

ZIP 94063 Redwood City, California

San Francisco, 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
34,695
Households
11,291
Median HH income
$115,528
Renter share
68.5%
Median gross rent
$2,802
Vacancy
7.2%
Pop. change
+0.6%
2BR SAFMR
$3,850
SAFMR / rent
1.374×
2–49 unit stock
3,409
LIHTC proj / units
4 / 311
HUD assisted MF
5 / 206

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 94063 · CA — sent to you.

ZIP 94063 · CA

ACS median rent$2,802
2BR SAFMR$3,850
90% floor$3,465
110% ceiling$4,235

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

Housing stock

ACS 2023 units-in-structure · ZCTA 94063

  • 1-unit detached3,35227.7%
  • 1-unit attached1,29110.7%
  • 2–4 units8977.4%
  • 5–49 units2,51220.7%
  • 50+ units3,16726.1%
  • Mobile8987.4%
TypeUnitsShare
1-unit detached3,35227.6%
1-unit attached1,29110.6%
2 units (duplex)3853.2%
3–4 units5124.2%
5–9 units8356.9%
10–19 units7366.1%
20–49 units9417.7%
50+ units3,16726.0%
Mobile8987.4%

2–4 unit share 7.4% · 5–49 unit share 20.7% · combined 2–49 28.0%.

Units by bedrooms

Studio
1,277
1BR
3,703
2BR
4,051
3BR
2,677
4BR
352
5+
102

Rent burden

Rent ≥30% of income49.9%
Rent ≥50% of income25.2%
  • ACS median gross rent $2,802 (all bedrooms, occupied rentals).
  • Median contract rent $2,655.
  • Renters paying ≥30% of income 49.9%; ≥50% 25.2%.
  • FY2027 2BR SAFMR $3,850 (1.374× ACS median gross rent).

Population

34,695 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.6%.

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

Assisted inventory

  • LIHTC: 4 projects, 311 units.
  • HUD project-based assisted MF: 5 properties, 206 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,708 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 94063 68.5% of occupied households are renters; vacancy is 7.2%; ACS median gross rent is $2,802; population increased +0.6% between the 2018 and 2023 ACS vintages; the housing stock includes 897 units in 2–4-unit structures and 2,512 units in 5–49-unit structures; 4 LIHTC projects totaling 311 units; FY2027 2BR SAFMR is $3,850 versus ACS median gross rent of $2,802. 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 94063 is a Census / HUD profile for San Francisco, 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 94063?

ZIP 94063 (San Francisco, CA HUD Metro FMR Area) has 34,695 residents, 11,291 households, a renter share of 68.5%, median household income of $115,528, and ACS 2023 median gross rent of $2,802. Vacancy is 7.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 94063?

ACS counts 385 units in 2-unit buildings, 512 in 3–4 unit buildings, 835 in 5–9, 736 in 10–19, and 941 in 20–49. Combined 2–49 unit stock is 3,409 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 94063?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,850. See the full schedule and 90–110% payment-standard band on the ZIP 94063 — Redwood City, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 94063 is Census / HUD research for San Francisco, 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.