ACS 2023 · HUD FY2027 · 3 ZCTAs with ACS

Norcross apartment-building stock & renter economics

Norcross apartment pages lead with 5–49 and 50+ unit stock, LIHTC, HUD-assisted multifamily, and allocated 5+ permits. 2-unit stock lives on the duplex page.

3 ZCTAs · 3 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population
111,815
Households
43,740
Housing units
46,472
5–49 unit stock
15,723
50+ unit stock
2,668
Median renter share
52.0%
ACS median rent
$1,588
Contract rent
$1,359
1BR SAFMR
$1,660
2BR SAFMR
$1,810
SAFMR / ACS rent
1.15×
Vacancy (ACS)
5.7%
Pop Δ 2018–2023
+3.5%
Median HH income
$61,351
Rent burden ≥30%
60.2%
Rent burden ≥50%
31.7%
LIHTC projects / units
2 / 480
HUD assisted MF
1 / 95
Alloc. 5+ permits
2,999

LIHTC and HUD-assisted counts are inventory of record in these ZCTAs — typically 5+ unit buildings, not duplexes. 5+ permits are county BPS allocated by ZCTA housing-unit share.

ZCTA ≈ USPS ZIP. ACS 5-year 2023 lags construction. Units-in-structure is Census standing stock (2-unit vs 3–4 vs 5–49 vs 50+), not the live FMLS card. SAFMR is a bedroom-specific HUD voucher benchmark, not asking rent. LIHTC / assisted-MF are inventory of record and belong on apartment pages. 5+ permits are county BPS 2025 allocated by ZCTA housing-unit share. Brokerage is Georgia-only.

Apartment Buildings for Sale in Norcross

5+ unit product is scarce in smaller Georgia cities. Empty here does not mean empty in the county. Use the Georgia apartments collection for the full 5–50+ unit FMLS set. Norcross is established western Gwinnett with long-running renter demand and a small 2–4 unit set. One live listing is not the Gwinnett market. Jeff Crowe CRE (Georgia license 355533, Century 21 The Avenues in Calhoun) represents buyers and sellers of this inventory.

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No apartment buildingscurrently listed in Norcross.

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Frequently Asked Questions — Norcross Apartment Buildings

Are there apartment buildings for sale in Norcross?

This page is the live FMLS Residential Income set for apartment buildings in Norcross. Counts change with the MLS feed. If inventory is thin, open the statewide Georgia apartment buildings collection or the county page for a larger sample.

How does Norcross compare to Georgia overall for apartment buildings?

Use the statewide inventory at /multifamily-for-sale/georgia for the full Georgia apartment buildings set, then compare $/door and published cap estimates against this city. Smaller markets often have one or two live listings; that is not a full comp set.

Do apartment buildings in Norcross still qualify for residential financing?

Most 2–4 unit apartment buildings can still qualify for conventional residential financing when the buyer and property meet guidelines. Always confirm with your lender. 5+ unit buildings are a different stack.

Why is the estimated cap rate missing on some Norcross listings?

Yields on this site are independent screening models, not MLS fields. A listing is left out of the cap sample when we cannot publish a number. That is not a zero cap — pull the rent roll.

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