Housing market/Kentucky/ZIP 42262

ACS 2023 · FY2027 SAFMR

ZIP 42262 Oak Grove, Kentucky

Clarksville, TN-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.

Population
9,646
Households
3,519
Median HH income
$49,898
Renter share
55.3%
Median gross rent
$1,224
Vacancy
11.6%
Pop. change
+10.2%
2BR SAFMR
$1,310
SAFMR / rent
1.070×
2–49 unit stock
688
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 42262 · KY — sent to you.

ZIP 42262 · KY

ACS median rent$1,224
2BR SAFMR$1,310
90% floor$1,179
110% ceiling$1,441

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

Housing stock

ACS 2023 units-in-structure · ZCTA 42262

  • 1-unit detached2,85971.8%
  • 1-unit attached190.5%
  • 2–4 units43010.8%
  • 5–49 units2586.5%
  • Mobile41410.4%
TypeUnitsShare
1-unit detached2,85971.8%
1-unit attached190.5%
2 units (duplex)1092.7%
3–4 units3218.1%
5–9 units1704.3%
10–19 units511.3%
20–49 units370.9%
50+ units00.0%
Mobile41410.4%

2–4 unit share 10.8% · 5–49 unit share 6.5% · combined 2–49 17.3%.

Units by bedrooms

Studio
53
1BR
230
2BR
915
3BR
2,450
4BR
268
5+
64

Rent burden

Rent ≥30% of income47.2%
Rent ≥50% of income29.5%
  • ACS median gross rent $1,224 (all bedrooms, occupied rentals).
  • Median contract rent $895.
  • Renters paying ≥30% of income 47.2%; ≥50% 29.5%.
  • FY2027 2BR SAFMR $1,310 (1.070× ACS median gross rent).

Population

9,646 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.2%.

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 10 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 42262 55.3% of occupied households are renters; vacancy is 11.6%; ACS median gross rent is $1,224; population increased +10.2% between the 2018 and 2023 ACS vintages; the housing stock includes 430 units in 2–4-unit structures and 258 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,310 versus ACS median gross rent of $1,224. 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 42262 is a Census / HUD profile for Clarksville, TN-KY, 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 42262?

ZIP 42262 (Clarksville, TN-KY HUD Metro FMR Area) has 9,646 residents, 3,519 households, a renter share of 55.3%, median household income of $49,898, and ACS 2023 median gross rent of $1,224. Vacancy is 11.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 42262?

ACS counts 109 units in 2-unit buildings, 321 in 3–4 unit buildings, 170 in 5–9, 51 in 10–19, and 37 in 20–49. Combined 2–49 unit stock is 688 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 42262?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,310. See the full schedule and 90–110% payment-standard band on the ZIP 42262 — Oak Grove, KY HUD Section 8 Payment Standards / SAFMR.

Does this Kentucky ZIP profile include Georgia listings?

No. ZIP 42262 is Census / HUD research for Clarksville, TN-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.