Housing market/Connecticut/ZIP 06042

ACS 2023 · FY2027 SAFMR

ZIP 06042 Manchester, Connecticut

Hartford-West Hartford-East Hartford, CT MSA · Connecticut. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
23,302
Households
10,359
Median HH income
$89,132
Renter share
43.7%
Median gross rent
$1,724
Vacancy
5.1%
Pop. change
-0.2%
2BR SAFMR
$2,290
SAFMR / rent
1.328×
2–49 unit stock
4,289
LIHTC proj / units
1 / 100
HUD assisted MF
1 / 105

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 06042 · CT — sent to you.

ZIP 06042 · CT

ACS median rent$1,724
2BR SAFMR$2,290
90% floor$2,061
110% ceiling$2,519

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

Housing stock

ACS 2023 units-in-structure · ZCTA 06042

  • 1-unit detached4,51141.3%
  • 1-unit attached1,25811.5%
  • 2–4 units1,22011.2%
  • 5–49 units3,06928.1%
  • 50+ units8267.6%
  • Mobile310.3%
TypeUnitsShare
1-unit detached4,51141.3%
1-unit attached1,25811.5%
2 units (duplex)6055.5%
3–4 units6155.6%
5–9 units1,13310.4%
10–19 units1,28711.8%
20–49 units6495.9%
50+ units8267.6%
Mobile310.3%

2–4 unit share 11.2% · 5–49 unit share 28.1% · combined 2–49 39.3%.

Units by bedrooms

Studio
169
1BR
1,300
2BR
4,898
3BR
3,582
4BR
866
5+
100

Rent burden

Rent ≥30% of income35.1%
Rent ≥50% of income16.0%
  • ACS median gross rent $1,724 (all bedrooms, occupied rentals).
  • Median contract rent $1,629.
  • Renters paying ≥30% of income 35.1%; ≥50% 16.0%.
  • FY2027 2BR SAFMR $2,290 (1.328× ACS median gross rent).

Population

23,302 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -0.2%.

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

Assisted inventory

  • LIHTC: 1 projects, 100 units.
  • HUD project-based assisted MF: 1 properties, 105 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 06042 43.7% of occupied households are renters; vacancy is 5.1%; ACS median gross rent is $1,724; population changed -0.2% between the 2018 and 2023 ACS vintages; the housing stock includes 1,220 units in 2–4-unit structures and 3,069 units in 5–49-unit structures; 1 LIHTC projects totaling 100 units; FY2027 2BR SAFMR is $2,290 versus ACS median gross rent of $1,724. 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.

Connecticut research

ZIP 06042 is a Census / HUD profile for Hartford-West Hartford-East Hartford, CT. 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 Connecticut research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 06042?

ZIP 06042 (Hartford-West Hartford-East Hartford, CT MSA) has 23,302 residents, 10,359 households, a renter share of 43.7%, median household income of $89,132, and ACS 2023 median gross rent of $1,724. Vacancy is 5.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 06042?

ACS counts 605 units in 2-unit buildings, 615 in 3–4 unit buildings, 1,133 in 5–9, 1,287 in 10–19, and 649 in 20–49. Combined 2–49 unit stock is 4,289 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 06042?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,290. See the full schedule and 90–110% payment-standard band on the ZIP 06042 — Manchester, CT HUD Section 8 Payment Standards / SAFMR.

Does this Connecticut ZIP profile include Georgia listings?

No. ZIP 06042 is Census / HUD research for Hartford-West Hartford-East Hartford, CT MSA. Jeff Crowe CRE does not list Connecticut 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.