Housing market/California/ZIP 95051

ACS 2023 · FY2027 SAFMR

ZIP 95051 Santa Clara, California

San Jose-Sunnyvale-Santa Clara, 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
61,345
Households
23,571
Median HH income
$185,632
Renter share
56.5%
Median gross rent
$3,054
Vacancy
6.3%
Pop. change
+5.5%
2BR SAFMR
$3,690
SAFMR / rent
1.208×
2–49 unit stock
6,406
LIHTC proj / units
7 / 436
HUD assisted MF
1 / 11

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 95051 · CA — sent to you.

ZIP 95051 · CA

ACS median rent$3,054
2BR SAFMR$3,690
90% floor$3,321
110% ceiling$4,059

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

Housing stock

ACS 2023 units-in-structure · ZCTA 95051

  • 1-unit detached10,37141.2%
  • 1-unit attached2,2749.0%
  • 2–4 units1,7877.1%
  • 5–49 units4,61918.4%
  • 50+ units6,00123.9%
  • Mobile1000.4%
TypeUnitsShare
1-unit detached10,37141.2%
1-unit attached2,2749.0%
2 units (duplex)2200.9%
3–4 units1,5676.2%
5–9 units1,5046.0%
10–19 units1,4395.7%
20–49 units1,6766.7%
50+ units6,00123.9%
Mobile1000.4%

2–4 unit share 7.1% · 5–49 unit share 18.4% · combined 2–49 25.5%.

Units by bedrooms

Studio
1,544
1BR
4,813
2BR
7,483
3BR
6,991
4BR
3,558
5+
763

Rent burden

Rent ≥30% of income30.6%
Rent ≥50% of income15.2%
  • ACS median gross rent $3,054 (all bedrooms, occupied rentals).
  • Median contract rent $2,913.
  • Renters paying ≥30% of income 30.6%; ≥50% 15.2%.
  • FY2027 2BR SAFMR $3,690 (1.208× ACS median gross rent).

Population

61,345 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +5.5%.

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

Assisted inventory

  • LIHTC: 7 projects, 436 units.
  • HUD project-based assisted MF: 1 properties, 11 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 3,483 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 95051 56.5% of occupied households are renters; vacancy is 6.3%; ACS median gross rent is $3,054; population increased +5.5% between the 2018 and 2023 ACS vintages; the housing stock includes 1,787 units in 2–4-unit structures and 4,619 units in 5–49-unit structures; 7 LIHTC projects totaling 436 units; FY2027 2BR SAFMR is $3,690 versus ACS median gross rent of $3,054. 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 95051 is a Census / HUD profile for San Jose-Sunnyvale-Santa Clara, 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 95051?

ZIP 95051 (San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area) has 61,345 residents, 23,571 households, a renter share of 56.5%, median household income of $185,632, and ACS 2023 median gross rent of $3,054. Vacancy is 6.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 95051?

ACS counts 220 units in 2-unit buildings, 1,567 in 3–4 unit buildings, 1,504 in 5–9, 1,439 in 10–19, and 1,676 in 20–49. Combined 2–49 unit stock is 6,406 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 95051?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $3,690. See the full schedule and 90–110% payment-standard band on the ZIP 95051 — Santa Clara, CA HUD Section 8 Payment Standards / SAFMR.

Does this California ZIP profile include Georgia listings?

No. ZIP 95051 is Census / HUD research for San Jose-Sunnyvale-Santa Clara, 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.