Housing market/Washington/ZIP 98674

ACS 2023 · FY2027 SAFMR

ZIP 98674 Woodland, Washington

Portland-Vancouver-Hillsboro, OR-WA MSA · Washington. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
16,765
Households
5,611
Median HH income
$96,081
Renter share
28.8%
Median gross rent
$1,283
Vacancy
3.8%
Pop. change
+34.7%
2BR SAFMR
$1,760
SAFMR / rent
1.372×
2–49 unit stock
638
LIHTC proj / units
4 / 166
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 98674 · WA — sent to you.

ZIP 98674 · WA

ACS median rent$1,283
2BR SAFMR$1,760
90% floor$1,584
110% ceiling$1,936

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

Housing stock

ACS 2023 units-in-structure · ZCTA 98674

  • 1-unit detached4,12071.8%
  • 1-unit attached1322.3%
  • 2–4 units2013.5%
  • 5–49 units4377.6%
  • 50+ units1422.5%
  • Mobile70512.3%
TypeUnitsShare
1-unit detached4,12070.7%
1-unit attached1322.3%
2 units (duplex)811.4%
3–4 units1202.1%
5–9 units1362.3%
10–19 units330.6%
20–49 units2684.6%
50+ units1422.4%
Mobile70512.1%

2–4 unit share 3.4% · 5–49 unit share 7.5% · combined 2–49 10.9%.

Units by bedrooms

Studio
99
1BR
575
2BR
781
3BR
2,725
4BR
1,360
5+
290

Rent burden

Rent ≥30% of income33.3%
Rent ≥50% of income18.2%
  • ACS median gross rent $1,283 (all bedrooms, occupied rentals).
  • Median contract rent $1,105.
  • Renters paying ≥30% of income 33.3%; ≥50% 18.2%.
  • FY2027 2BR SAFMR $1,760 (1.372× ACS median gross rent).

Population

16,765 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +34.7%.

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

Assisted inventory

  • LIHTC: 4 projects, 166 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 230 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 98674 28.8% of occupied households are renters; vacancy is 3.8%; ACS median gross rent is $1,283; population increased +34.7% between the 2018 and 2023 ACS vintages; the housing stock includes 201 units in 2–4-unit structures and 437 units in 5–49-unit structures; 4 LIHTC projects totaling 166 units; FY2027 2BR SAFMR is $1,760 versus ACS median gross rent of $1,283. 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 98674 is a Census / HUD profile for Portland-Vancouver-Hillsboro, OR-WA, 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 98674?

ZIP 98674 (Portland-Vancouver-Hillsboro, OR-WA MSA) has 16,765 residents, 5,611 households, a renter share of 28.8%, median household income of $96,081, and ACS 2023 median gross rent of $1,283. Vacancy is 3.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 98674?

ACS counts 81 units in 2-unit buildings, 120 in 3–4 unit buildings, 136 in 5–9, 33 in 10–19, and 268 in 20–49. Combined 2–49 unit stock is 638 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 98674?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,760. See the full schedule and 90–110% payment-standard band on the ZIP 98674 — Woodland, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 98674 is Census / HUD research for Portland-Vancouver-Hillsboro, OR-WA MSA. 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.