Housing market/Washington/ZIP 98843

ACS 2023 · FY2027 SAFMR

ZIP 98843 Orondo, Washington

Wenatchee-East Wenatchee, 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
2,492
Households
875
Median HH income
$66,054
Renter share
39.8%
Median gross rent
$826
Vacancy
40.4%
Pop. change
+37.8%
2BR SAFMR
$1,350
SAFMR / rent
1.634×
2–49 unit stock
72
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 98843 · WA — sent to you.

ZIP 98843 · WA

ACS median rent$826
2BR SAFMR$1,350
90% floor$1,215
110% ceiling$1,485

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

Housing stock

ACS 2023 units-in-structure · ZCTA 98843

  • 1-unit detached1,12877.5%
  • 1-unit attached90.6%
  • 2–4 units573.9%
  • 5–49 units151.0%
  • Mobile24616.9%
TypeUnitsShare
1-unit detached1,12876.8%
1-unit attached90.6%
2 units (duplex)503.4%
3–4 units70.5%
5–9 units151.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile24616.7%

2–4 unit share 3.9% · 5–49 unit share 1.0% · combined 2–49 4.9%.

Units by bedrooms

Studio
64
1BR
92
2BR
453
3BR
608
4BR
173
5+
79

Rent burden

Rent ≥30% of income22.1%
Rent ≥50% of income2.6%
  • ACS median gross rent $826 (all bedrooms, occupied rentals).
  • Median contract rent $718.
  • Renters paying ≥30% of income 22.1%; ≥50% 2.6%.
  • FY2027 2BR SAFMR $1,350 (1.634× ACS median gross rent).

Population

2,492 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +37.8%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • 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 68 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 98843 39.8% of occupied households are renters; vacancy is 40.4%; ACS median gross rent is $826; population increased +37.8% between the 2018 and 2023 ACS vintages; the housing stock includes 57 units in 2–4-unit structures and 15 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,350 versus ACS median gross rent of $826. 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 98843 is a Census / HUD profile for Wenatchee-East Wenatchee, 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 98843?

ZIP 98843 (Wenatchee-East Wenatchee, WA MSA) has 2,492 residents, 875 households, a renter share of 39.8%, median household income of $66,054, and ACS 2023 median gross rent of $826. Vacancy is 40.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 98843?

ACS counts 50 units in 2-unit buildings, 7 in 3–4 unit buildings, 15 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 72 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 98843?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,350. See the full schedule and 90–110% payment-standard band on the ZIP 98843 — Orondo, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 98843 is Census / HUD research for Wenatchee-East Wenatchee, 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.