Housing market/Kentucky/ZIP 42211

ACS 2023 · FY2027 SAFMR

ZIP 42211 Cadiz, Lyon County, Kentucky

Lyon 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
12,912
Households
5,485
Median HH income
$54,039
Renter share
26.2%
Median gross rent
$775
Vacancy
22.7%
Pop. change
-3.5%
2BR SAFMR
$1,220
SAFMR / rent
1.574×
2–49 unit stock
498
LIHTC proj / units
2 / 81
HUD assisted MF
1 / 40

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 42211 · KY — sent to you.

ZIP 42211 · KY

ACS median rent$775
2BR SAFMR$1,220
90% floor$1,098
110% ceiling$1,342

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

Housing stock

ACS 2023 units-in-structure · ZCTA 42211

  • 1-unit detached5,27374.3%
  • 1-unit attached240.3%
  • 2–4 units2824.0%
  • 5–49 units2163.0%
  • 50+ units380.5%
  • Mobile1,26517.8%
TypeUnitsShare
1-unit detached5,27374.3%
1-unit attached240.3%
2 units (duplex)1482.1%
3–4 units1341.9%
5–9 units951.3%
10–19 units590.8%
20–49 units620.9%
50+ units380.5%
Mobile1,26517.8%

2–4 unit share 4.0% · 5–49 unit share 3.0% · combined 2–49 7.0%.

Units by bedrooms

Studio
184
1BR
362
2BR
1,693
3BR
3,600
4BR
1,056
5+
203

Rent burden

Rent ≥30% of income31.8%
Rent ≥50% of income15.2%
  • ACS median gross rent $775 (all bedrooms, occupied rentals).
  • Median contract rent $545.
  • Renters paying ≥30% of income 31.8%; ≥50% 15.2%.
  • FY2027 2BR SAFMR $1,220 (1.574× ACS median gross rent).

Population

12,912 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -3.5%.

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

Assisted inventory

  • LIHTC: 2 projects, 81 units.
  • HUD project-based assisted MF: 1 properties, 40 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 42211 26.2% of occupied households are renters; vacancy is 22.7%; ACS median gross rent is $775; population changed -3.5% between the 2018 and 2023 ACS vintages; the housing stock includes 282 units in 2–4-unit structures and 216 units in 5–49-unit structures; 2 LIHTC projects totaling 81 units; FY2027 2BR SAFMR is $1,220 versus ACS median gross rent of $775. 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 42211 is a Census / HUD profile for Lyon 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 42211?

ZIP 42211 (Lyon County, KY) has 12,912 residents, 5,485 households, a renter share of 26.2%, median household income of $54,039, and ACS 2023 median gross rent of $775. Vacancy is 22.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 42211?

ACS counts 148 units in 2-unit buildings, 134 in 3–4 unit buildings, 95 in 5–9, 59 in 10–19, and 62 in 20–49. Combined 2–49 unit stock is 498 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 42211?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,220. See the full schedule and 90–110% payment-standard band on the ZIP 42211 — Cadiz, KY HUD Section 8 Payment Standards / SAFMR.

Does this Kentucky ZIP profile include Georgia listings?

No. ZIP 42211 is Census / HUD research for Lyon 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.