Housing market/Kentucky/ZIP 42206

ACS 2023 · FY2027 SAFMR

ZIP 42206 Auburn, Simpson County, Kentucky

Simpson 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
5,675
Households
2,126
Median HH income
$65,630
Renter share
18.0%
Median gross rent
$757
Vacancy
7.8%
Pop. change
-8.6%
2BR SAFMR
$1,040
SAFMR / rent
1.374×
2–49 unit stock
119
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 42206 · KY — sent to you.

ZIP 42206 · KY

ACS median rent$757
2BR SAFMR$1,040
90% floor$936
110% ceiling$1,144

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

Housing stock

ACS 2023 units-in-structure · ZCTA 42206

  • 1-unit detached1,84480.0%
  • 1-unit attached40.2%
  • 2–4 units853.7%
  • 5–49 units341.5%
  • Mobile33814.7%
TypeUnitsShare
1-unit detached1,84480.0%
1-unit attached40.2%
2 units (duplex)622.7%
3–4 units231.0%
5–9 units110.5%
10–19 units231.0%
20–49 units00.0%
50+ units00.0%
Mobile33814.7%

2–4 unit share 3.7% · 5–49 unit share 1.5% · combined 2–49 5.2%.

Units by bedrooms

Studio
0
1BR
44
2BR
338
3BR
1,368
4BR
483
5+
72

Rent burden

Rent ≥30% of income25.9%
Rent ≥50% of income14.7%
  • ACS median gross rent $757 (all bedrooms, occupied rentals).
  • Median contract rent $572.
  • Renters paying ≥30% of income 25.9%; ≥50% 14.7%.
  • FY2027 2BR SAFMR $1,040 (1.374× ACS median gross rent).

Population

5,675 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.6%.

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

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 266 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 42206 18.0% of occupied households are renters; vacancy is 7.8%; ACS median gross rent is $757; population changed -8.6% between the 2018 and 2023 ACS vintages; the housing stock includes 85 units in 2–4-unit structures and 34 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,040 versus ACS median gross rent of $757. 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 42206 is a Census / HUD profile for Simpson 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 42206?

ZIP 42206 (Simpson County, KY) has 5,675 residents, 2,126 households, a renter share of 18.0%, median household income of $65,630, and ACS 2023 median gross rent of $757. Vacancy is 7.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 42206?

ACS counts 62 units in 2-unit buildings, 23 in 3–4 unit buildings, 11 in 5–9, 23 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 119 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 42206?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,040. See the full schedule and 90–110% payment-standard band on the ZIP 42206 — Auburn, KY HUD Section 8 Payment Standards / SAFMR.

Does this Kentucky ZIP profile include Georgia listings?

No. ZIP 42206 is Census / HUD research for Simpson 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.