Housing market/Oregon/ZIP 97138

ACS 2023 · FY2027 SAFMR

ZIP 97138 Seaside, Clatsop County, Oregon

Clatsop County, OR · Oregon. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
11,724
Households
5,712
Median HH income
$51,993
Renter share
43.0%
Median gross rent
$1,004
Vacancy
26.6%
Pop. change
+13.9%
2BR SAFMR
$1,320
SAFMR / rent
1.315×
2–49 unit stock
1,952
LIHTC proj / units
5 / 139
HUD assisted MF
1 / 8

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 97138 · OR — sent to you.

ZIP 97138 · OR

ACS median rent$1,004
2BR SAFMR$1,320
90% floor$1,188
110% ceiling$1,452

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

Housing stock

ACS 2023 units-in-structure · ZCTA 97138

  • 1-unit detached4,83362.8%
  • 1-unit attached2403.1%
  • 2–4 units92512.0%
  • 5–49 units1,02713.4%
  • 50+ units2373.1%
  • Mobile4285.6%
TypeUnitsShare
1-unit detached4,83362.1%
1-unit attached2403.1%
2 units (duplex)3524.5%
3–4 units5737.4%
5–9 units5296.8%
10–19 units2252.9%
20–49 units2733.5%
50+ units2373.0%
Mobile4285.5%

2–4 unit share 11.9% · 5–49 unit share 13.2% · combined 2–49 25.1%.

Units by bedrooms

Studio
602
1BR
757
2BR
2,358
3BR
2,870
4BR
1,036
5+
162

Rent burden

Rent ≥30% of income50.8%
Rent ≥50% of income25.4%
  • ACS median gross rent $1,004 (all bedrooms, occupied rentals).
  • Median contract rent $878.
  • Renters paying ≥30% of income 50.8%; ≥50% 25.4%.
  • FY2027 2BR SAFMR $1,320 (1.315× ACS median gross rent).

Population

11,724 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +13.9%.

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

Assisted inventory

  • LIHTC: 5 projects, 139 units.
  • HUD project-based assisted MF: 1 properties, 8 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 153 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 97138 43.0% of occupied households are renters; vacancy is 26.6%; ACS median gross rent is $1,004; population increased +13.9% between the 2018 and 2023 ACS vintages; the housing stock includes 925 units in 2–4-unit structures and 1,027 units in 5–49-unit structures; 5 LIHTC projects totaling 139 units; FY2027 2BR SAFMR is $1,320 versus ACS median gross rent of $1,004. 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.

Oregon research

ZIP 97138 is a Census / HUD profile for Clatsop County, OR. 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 Oregon research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 97138?

ZIP 97138 (Clatsop County, OR) has 11,724 residents, 5,712 households, a renter share of 43.0%, median household income of $51,993, and ACS 2023 median gross rent of $1,004. Vacancy is 26.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 97138?

ACS counts 352 units in 2-unit buildings, 573 in 3–4 unit buildings, 529 in 5–9, 225 in 10–19, and 273 in 20–49. Combined 2–49 unit stock is 1,952 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 97138?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,320. See the full schedule and 90–110% payment-standard band on the ZIP 97138 — Seaside, OR HUD Section 8 Payment Standards / SAFMR.

Does this Oregon ZIP profile include Georgia listings?

No. ZIP 97138 is Census / HUD research for Clatsop County, OR. Jeff Crowe CRE does not list Oregon 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.