Housing market/California/ZIP 94521

ACS 2023 · FY2027 SAFMR

ZIP 94521 Concord, California

Oakland-Fremont, 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
41,118
Households
15,607
Median HH income
$127,312
Renter share
26.7%
Median gross rent
$2,388
Vacancy
3.0%
Pop. change
-4.6%
2BR SAFMR
$2,830
SAFMR / rent
1.185×
2–49 unit stock
2,965
LIHTC proj / units
3 / 303
HUD assisted MF
2 / 154

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 94521 · CA — sent to you.

ZIP 94521 · CA

ACS median rent$2,388
2BR SAFMR$2,830
90% floor$2,547
110% ceiling$3,113

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

Housing stock

ACS 2023 units-in-structure · ZCTA 94521

  • 1-unit detached10,76367.0%
  • 1-unit attached1,4629.1%
  • 2–4 units9415.9%
  • 5–49 units2,02412.6%
  • 50+ units8625.4%
  • Mobile80.0%
TypeUnitsShare
1-unit detached10,76366.9%
1-unit attached1,4629.1%
2 units (duplex)1941.2%
3–4 units7474.6%
5–9 units7614.7%
10–19 units6193.8%
20–49 units6444.0%
50+ units8625.4%
Mobile80.0%

2–4 unit share 5.9% · 5–49 unit share 12.6% · combined 2–49 18.4%.

Units by bedrooms

Studio
279
1BR
1,152
2BR
3,276
3BR
5,897
4BR
4,541
5+
938

Rent burden

Rent ≥30% of income49.3%
Rent ≥50% of income20.9%
  • ACS median gross rent $2,388 (all bedrooms, occupied rentals).
  • Median contract rent $2,202.
  • Renters paying ≥30% of income 49.3%; ≥50% 20.9%.
  • FY2027 2BR SAFMR $2,830 (1.185× ACS median gross rent).

Population

41,118 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.6%.

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

Assisted inventory

  • LIHTC: 3 projects, 303 units.
  • HUD project-based assisted MF: 2 properties, 154 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 178 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 94521 26.7% of occupied households are renters; vacancy is 3.0%; ACS median gross rent is $2,388; population changed -4.6% between the 2018 and 2023 ACS vintages; the housing stock includes 941 units in 2–4-unit structures and 2,024 units in 5–49-unit structures; 3 LIHTC projects totaling 303 units; FY2027 2BR SAFMR is $2,830 versus ACS median gross rent of $2,388. 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 94521 is a Census / HUD profile for Oakland-Fremont, 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 94521?

ZIP 94521 (Oakland-Fremont, CA HUD Metro FMR Area) has 41,118 residents, 15,607 households, a renter share of 26.7%, median household income of $127,312, and ACS 2023 median gross rent of $2,388. Vacancy is 3.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 94521?

ACS counts 194 units in 2-unit buildings, 747 in 3–4 unit buildings, 761 in 5–9, 619 in 10–19, and 644 in 20–49. Combined 2–49 unit stock is 2,965 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 94521?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,830. See the full schedule and 90–110% payment-standard band on the ZIP 94521 — Concord, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 94521 is Census / HUD research for Oakland-Fremont, 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.