Housing market/Washington/ZIP 98030

ACS 2023 · FY2027 SAFMR

ZIP 98030 Seattle-Bellevue, Washington

Seattle-Bellevue, WA HUD Metro FMR Area · Washington. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
38,492
Households
12,946
Median HH income
$91,218
Renter share
47.0%
Median gross rent
$1,797
Vacancy
4.2%
Pop. change
+1.8%
2BR SAFMR
$2,300
SAFMR / rent
1.280×
2–49 unit stock
4,596
LIHTC proj / units
3 / 412
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 98030 · WA — sent to you.

ZIP 98030 · WA

ACS median rent$1,797
2BR SAFMR$2,300
90% floor$2,070
110% ceiling$2,530

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

Housing stock

ACS 2023 units-in-structure · ZCTA 98030

  • 1-unit detached6,62949.0%
  • 1-unit attached8776.5%
  • 2–4 units7335.4%
  • 5–49 units3,86328.6%
  • 50+ units1,2259.1%
  • Mobile1921.4%
TypeUnitsShare
1-unit detached6,62949.0%
1-unit attached8776.5%
2 units (duplex)1280.9%
3–4 units6054.5%
5–9 units1,40210.4%
10–19 units1,76013.0%
20–49 units7015.2%
50+ units1,2259.1%
Mobile1921.4%

2–4 unit share 5.4% · 5–49 unit share 28.6% · combined 2–49 34.0%.

Units by bedrooms

Studio
445
1BR
1,763
2BR
3,395
3BR
4,607
4BR
2,426
5+
883

Rent burden

Rent ≥30% of income51.0%
Rent ≥50% of income18.4%
  • ACS median gross rent $1,797 (all bedrooms, occupied rentals).
  • Median contract rent $1,680.
  • Renters paying ≥30% of income 51.0%; ≥50% 18.4%.
  • FY2027 2BR SAFMR $2,300 (1.280× ACS median gross rent).

Population

38,492 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.8%.

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

Assisted inventory

  • LIHTC: 3 projects, 412 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 5,102 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 98030 47.0% of occupied households are renters; vacancy is 4.2%; ACS median gross rent is $1,797; population increased +1.8% between the 2018 and 2023 ACS vintages; the housing stock includes 733 units in 2–4-unit structures and 3,863 units in 5–49-unit structures; 3 LIHTC projects totaling 412 units; FY2027 2BR SAFMR is $2,300 versus ACS median gross rent of $1,797. 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.

Washington research

ZIP 98030 is a Census / HUD profile for Seattle-Bellevue, WA. 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 Washington research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 98030?

ZIP 98030 (Seattle-Bellevue, WA HUD Metro FMR Area) has 38,492 residents, 12,946 households, a renter share of 47.0%, median household income of $91,218, and ACS 2023 median gross rent of $1,797. Vacancy is 4.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 98030?

ACS counts 128 units in 2-unit buildings, 605 in 3–4 unit buildings, 1,402 in 5–9, 1,760 in 10–19, and 701 in 20–49. Combined 2–49 unit stock is 4,596 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 98030?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,300. See the full schedule and 90–110% payment-standard band on the ZIP 98030 — Seattle-Bellevue, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 98030 is Census / HUD research for Seattle-Bellevue, WA HUD Metro FMR Area. Jeff Crowe CRE does not list Washington 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.