Housing market/Washington/ZIP 98531
ZIP 98531 Centralia, Lewis County, Washington
Lewis County, WA · Washington. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 98531 · WA — sent to you.
ZIP 98531 · WA
ACS rent vs 2BR SAFMR
ZIP 98531 — Centralia, WA HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 98531
- 1-unit detached6,44258.3%
- 1-unit attached4263.9%
- 2–4 units9828.9%
- 5–49 units1,12210.2%
- 50+ units2472.2%
- Mobile1,82516.5%
2–4 unit share 8.9% · 5–49 unit share 10.1% · combined 2–49 19.0%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,068 (all bedrooms, occupied rentals).
- Median contract rent $932.
- Renters paying ≥30% of income 52.8%; ≥50% 26.1%.
- FY2027 2BR SAFMR $1,770 (1.657× ACS median gross rent).
Population
27,356 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +8.3%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 14 projects, 594 units.
- HUD project-based assisted MF: 6 properties, 186 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 61 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 98531 35.1% of occupied households are renters; vacancy is 4.4%; ACS median gross rent is $1,068; population increased +8.3% between the 2018 and 2023 ACS vintages; the housing stock includes 982 units in 2–4-unit structures and 1,122 units in 5–49-unit structures; 14 LIHTC projects totaling 594 units; FY2027 2BR SAFMR is $1,770 versus ACS median gross rent of $1,068. 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 98531 is a Census / HUD profile for Lewis County, WA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 98531 — Centralia, WA HUD Section 8 Payment Standards / SAFMR·Washington ZIP directory
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 98531?
ZIP 98531 (Lewis County, WA) has 27,356 residents, 10,580 households, a renter share of 35.1%, median household income of $61,963, and ACS 2023 median gross rent of $1,068. Vacancy is 4.4%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 98531?
ACS counts 319 units in 2-unit buildings, 663 in 3–4 unit buildings, 384 in 5–9, 125 in 10–19, and 613 in 20–49. Combined 2–49 unit stock is 2,104 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 98531?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,770. See the full schedule and 90–110% payment-standard band on the ZIP 98531 — Centralia, WA HUD Section 8 Payment Standards / SAFMR.
Does this Washington ZIP profile include Georgia listings?
No. ZIP 98531 is Census / HUD research for Lewis County, WA. 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.