Housing market/Kentucky/ZIP 41230

ACS 2023 · FY2027 SAFMR

ZIP 41230 Louisa, Martin County, Kentucky

Martin County, KY · Kentucky. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
12,399
Households
4,778
Median HH income
$45,240
Renter share
23.5%
Median gross rent
$750
Vacancy
15.0%
Pop. change
+0.6%
2BR SAFMR
$970
SAFMR / rent
1.293×
2–49 unit stock
439
LIHTC proj / units
3 / 92
HUD assisted MF
1 / 22

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 41230 · KY — sent to you.

ZIP 41230 · KY

ACS median rent$750
2BR SAFMR$970
90% floor$873
110% ceiling$1,067

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

Housing stock

ACS 2023 units-in-structure · ZCTA 41230

  • 1-unit detached3,32259.1%
  • 2–4 units921.6%
  • 5–49 units3476.2%
  • Mobile1,86033.1%
TypeUnitsShare
1-unit detached3,32259.1%
1-unit attached00.0%
2 units (duplex)380.7%
3–4 units541.0%
5–9 units2073.7%
10–19 units881.6%
20–49 units520.9%
50+ units00.0%
Mobile1,86033.1%

2–4 unit share 1.6% · 5–49 unit share 6.2% · combined 2–49 7.8%.

Units by bedrooms

Studio
94
1BR
421
2BR
1,344
3BR
2,693
4BR
859
5+
210

Rent burden

Rent ≥30% of income39.7%
Rent ≥50% of income12.1%
  • ACS median gross rent $750 (all bedrooms, occupied rentals).
  • Median contract rent $470.
  • Renters paying ≥30% of income 39.7%; ≥50% 12.1%.
  • FY2027 2BR SAFMR $970 (1.293× ACS median gross rent).

Population

12,399 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.6%.

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

Assisted inventory

  • LIHTC: 3 projects, 92 units.
  • HUD project-based assisted MF: 1 properties, 22 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 41230 23.5% of occupied households are renters; vacancy is 15.0%; ACS median gross rent is $750; population increased +0.6% between the 2018 and 2023 ACS vintages; the housing stock includes 92 units in 2–4-unit structures and 347 units in 5–49-unit structures; 3 LIHTC projects totaling 92 units; FY2027 2BR SAFMR is $970 versus ACS median gross rent of $750. 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 41230 is a Census / HUD profile for Martin County, KY. 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 Kentucky research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 41230?

ZIP 41230 (Martin County, KY) has 12,399 residents, 4,778 households, a renter share of 23.5%, median household income of $45,240, and ACS 2023 median gross rent of $750. Vacancy is 15.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 41230?

ACS counts 38 units in 2-unit buildings, 54 in 3–4 unit buildings, 207 in 5–9, 88 in 10–19, and 52 in 20–49. Combined 2–49 unit stock is 439 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 41230?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $970. See the full schedule and 90–110% payment-standard band on the ZIP 41230 — Louisa, KY HUD Section 8 Payment Standards / SAFMR.

Does this Kentucky ZIP profile include Georgia listings?

No. ZIP 41230 is Census / HUD research for Martin County, KY. 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.