Housing market/Kentucky/ZIP 42101
ZIP 42101 Bowling Green, Butler County, Kentucky
Butler County, KY HUD Metro FMR Area · Kentucky. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
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HUD schedule, ACS stock, and the 90–110% band for ZIP 42101 · KY — sent to you.
ZIP 42101 · KY
ACS rent vs 2BR SAFMR
ZIP 42101 — Bowling Green, 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 42101
- 1-unit detached14,24054.7%
- 1-unit attached4931.9%
- 2–4 units3,77614.5%
- 5–49 units4,59317.6%
- 50+ units6432.5%
- Mobile2,3108.9%
2–4 unit share 14.5% · 5–49 unit share 17.6% · combined 2–49 32.1%.
Units by bedrooms
Rent burden
- ACS median gross rent $905 (all bedrooms, occupied rentals).
- Median contract rent $727.
- Renters paying ≥30% of income 46.0%; ≥50% 26.8%.
- FY2027 2BR SAFMR $1,180 (1.304× ACS median gross rent).
Population
63,290 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +3.1%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 35 projects, 702 units.
- HUD project-based assisted MF: 6 properties, 405 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 685 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 42101 53.1% of occupied households are renters; vacancy is 9.2%; ACS median gross rent is $905; population increased +3.1% between the 2018 and 2023 ACS vintages; the housing stock includes 3,776 units in 2–4-unit structures and 4,593 units in 5–49-unit structures; 35 LIHTC projects totaling 702 units; FY2027 2BR SAFMR is $1,180 versus ACS median gross rent of $905. 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 42101 is a Census / HUD profile for Butler County, KY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 42101 — Bowling Green, 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 42101?
ZIP 42101 (Butler County, KY HUD Metro FMR Area) has 63,290 residents, 23,663 households, a renter share of 53.1%, median household income of $49,045, and ACS 2023 median gross rent of $905. Vacancy is 9.2%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 42101?
ACS counts 1,474 units in 2-unit buildings, 2,302 in 3–4 unit buildings, 2,421 in 5–9, 1,615 in 10–19, and 557 in 20–49. Combined 2–49 unit stock is 8,369 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 42101?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,180. See the full schedule and 90–110% payment-standard band on the ZIP 42101 — Bowling Green, KY HUD Section 8 Payment Standards / SAFMR.
Does this Kentucky ZIP profile include Georgia listings?
No. ZIP 42101 is Census / HUD research for Butler County, KY HUD Metro FMR Area. 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.