JeffCroweCRE

Housing market/Washington/ZIP 98092

ACS 2023 · FY2027 SAFMR

ZIP 98092 Auburn, Washington

Tacoma, 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
50,510
Households
16,994
Median HH income
$116,614
Renter share
25.6%
Median gross rent
$1,870
Vacancy
3.1%
Pop. change
+10.4%
2BR SAFMR
$2,370
SAFMR / rent
1.267×
2–49 unit stock
3,456
LIHTC proj / units
3 / 432
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 98092 · WA — sent to you.

ZIP 98092 · WA

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ACS rent vs 2BR SAFMR

ZIP 98092 — Auburn, WA HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,870
2BR SAFMR$2,370
90% floor$2,133
110% ceiling$2,607

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

Housing stock

ACS 2023 units-in-structure · ZCTA 98092

  • 1-unit detached11,72866.9%
  • 1-unit attached9465.4%
  • 2–4 units7964.5%
  • 5–49 units2,66015.2%
  • 50+ units5933.4%
  • Mobile8064.6%
TypeUnitsShare
1-unit detached11,72866.9%
1-unit attached9465.4%
2 units (duplex)1340.8%
3–4 units6623.8%
5–9 units9285.3%
10–19 units9535.4%
20–49 units7794.4%
50+ units5933.4%
Mobile8064.6%

2–4 unit share 4.5% · 5–49 unit share 15.2% · combined 2–49 19.7%.

Units by bedrooms

Studio
336
1BR
1,046
2BR
3,403
3BR
6,065
4BR
5,062
5+
1,620

Rent burden

Rent ≥30% of income43.5%
Rent ≥50% of income24.5%
  • ACS median gross rent $1,870 (all bedrooms, occupied rentals).
  • Median contract rent $1,753.
  • Renters paying ≥30% of income 43.5%; ≥50% 24.5%.
  • FY2027 2BR SAFMR $2,370 (1.267× ACS median gross rent).

Population

50,510 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.4%.

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

Assisted inventory

  • LIHTC: 3 projects, 432 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 4,434 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 98092 25.6% of occupied households are renters; vacancy is 3.1%; ACS median gross rent is $1,870; population increased +10.4% between the 2018 and 2023 ACS vintages; the housing stock includes 796 units in 2–4-unit structures and 2,660 units in 5–49-unit structures; 3 LIHTC projects totaling 432 units; FY2027 2BR SAFMR is $2,370 versus ACS median gross rent of $1,870. 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 98092 is a Census / HUD profile for Tacoma, WA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 98092 — Auburn, WA HUD Section 8 Payment Standards / SAFMR·Washington ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
98001Tacoma, WA HUD Metro FMR Area23.8%$1,927$2,60098022Tacoma, WA HUD Metro FMR Area19.3%$1,626$2,13098023Tacoma, WA HUD Metro FMR Area33.6%$1,875$2,34098047Tacoma, WA HUD Metro FMR Area42.2%$1,728$2,17098303Tacoma, WA HUD Metro FMR Area1.3%—$2,23098321Tacoma, WA HUD Metro FMR Area11.5%$1,805$2,09098323Tacoma, WA HUD Metro FMR Area9.8%$1,438$1,88098327Tacoma, WA HUD Metro FMR Area39.3%$2,230$2,63098328Tacoma, WA HUD Metro FMR Area17.2%$1,211$1,78098329Tacoma, WA HUD Metro FMR Area12.0%$1,666$2,13098332Tacoma, WA HUD Metro FMR Area17.7%$2,373$2,77098333Tacoma, WA HUD Metro FMR Area8.4%—$2,620

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 98092?

ZIP 98092 (Tacoma, WA HUD Metro FMR Area) has 50,510 residents, 16,994 households, a renter share of 25.6%, median household income of $116,614, and ACS 2023 median gross rent of $1,870. Vacancy is 3.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 98092?

ACS counts 134 units in 2-unit buildings, 662 in 3–4 unit buildings, 928 in 5–9, 953 in 10–19, and 779 in 20–49. Combined 2–49 unit stock is 3,456 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 98092?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,370. See the full schedule and 90–110% payment-standard band on the ZIP 98092 — Auburn, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 98092 is Census / HUD research for Tacoma, 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.