Housing market/Kentucky/ZIP 40357
ZIP 40357 North Middletown, Kentucky
Lexington-Fayette, KY MSA · Kentucky. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 40357 · KY — sent to you.
ZIP 40357 · KY
ACS rent vs 2BR SAFMR
ZIP 40357 — North Middletown, KY 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 40357
- 1-unit detached1021.3%
- 2–4 units36.4%
- 5–49 units1123.4%
- Mobile2348.9%
2–4 unit share 6.4% · 5–49 unit share 23.4% · combined 2–49 29.8%.
Units by bedrooms
Rent burden
- ACS median gross rent $838 (all bedrooms, occupied rentals).
- Median contract rent $424.
- Renters paying ≥30% of income 93.5%; ≥50% 87.1%.
- FY2027 2BR SAFMR $1,150 (1.372× ACS median gross rent).
Population
94 residents · ACS 2023
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 12 units.
- HUD project-based assisted MF: not published for this ZIP.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
What the data shows
ZIP 40357 77.5% of occupied households are renters; vacancy is 14.9%; ACS median gross rent is $838; the housing stock includes 3 units in 2–4-unit structures and 11 units in 5–49-unit structures; 1 LIHTC projects totaling 12 units; FY2027 2BR SAFMR is $1,150 versus ACS median gross rent of $838. 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.
Kentucky research
ZIP 40357 is a Census / HUD profile for Lexington-Fayette, KY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 40357 — North Middletown, KY HUD Section 8 Payment Standards / SAFMR·Kentucky 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 Kentucky research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 40357?
ZIP 40357 (Lexington-Fayette, KY MSA) has 94 residents, 40 households, a renter share of 77.5%, median household income of $11,786, and ACS 2023 median gross rent of $838. Vacancy is 14.9%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 40357?
ACS counts 0 units in 2-unit buildings, 3 in 3–4 unit buildings, 7 in 5–9, 4 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 14 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 40357?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,150. See the full schedule and 90–110% payment-standard band on the ZIP 40357 — North Middletown, KY HUD Section 8 Payment Standards / SAFMR.
Does this Kentucky ZIP profile include Georgia listings?
No. ZIP 40357 is Census / HUD research for Lexington-Fayette, KY MSA. Jeff Crowe CRE does not list Kentucky 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.