Housing market/Indiana/ZIP 46140

ACS 2023 · FY2027 SAFMR

ZIP 46140 Greenfield, Rush County, Indiana

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

Population
42,927
Households
17,542
Median HH income
$82,850
Renter share
27.4%
Median gross rent
$1,099
Vacancy
3.4%
Pop. change
+8.3%
2BR SAFMR
$1,430
SAFMR / rent
1.301×
2–49 unit stock
2,744
LIHTC proj / units
9 / 475
HUD assisted MF
1 / 80

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 46140 · IN — sent to you.

ZIP 46140 · IN

ACS median rent$1,099
2BR SAFMR$1,430
90% floor$1,287
110% ceiling$1,573

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

Housing stock

ACS 2023 units-in-structure · ZCTA 46140

  • 1-unit detached13,99377.0%
  • 1-unit attached7964.4%
  • 2–4 units1,1446.3%
  • 5–49 units1,6008.8%
  • 50+ units2271.2%
  • Mobile4072.2%
TypeUnitsShare
1-unit detached13,99377.0%
1-unit attached7964.4%
2 units (duplex)7023.9%
3–4 units4422.4%
5–9 units9825.4%
10–19 units5212.9%
20–49 units970.5%
50+ units2271.2%
Mobile4072.2%

2–4 unit share 6.3% · 5–49 unit share 8.8% · combined 2–49 15.1%.

Units by bedrooms

Studio
114
1BR
1,191
2BR
4,306
3BR
9,071
4BR
2,746
5+
739

Rent burden

Rent ≥30% of income42.4%
Rent ≥50% of income13.0%
  • ACS median gross rent $1,099 (all bedrooms, occupied rentals).
  • Median contract rent $904.
  • Renters paying ≥30% of income 42.4%; ≥50% 13.0%.
  • FY2027 2BR SAFMR $1,430 (1.301× ACS median gross rent).

Population

42,927 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +8.3%.

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

Assisted inventory

  • LIHTC: 9 projects, 475 units.
  • HUD project-based assisted MF: 1 properties, 80 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 150 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 46140 27.4% of occupied households are renters; vacancy is 3.4%; ACS median gross rent is $1,099; population increased +8.3% between the 2018 and 2023 ACS vintages; the housing stock includes 1,144 units in 2–4-unit structures and 1,600 units in 5–49-unit structures; 9 LIHTC projects totaling 475 units; FY2027 2BR SAFMR is $1,430 versus ACS median gross rent of $1,099. 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.

Indiana research

ZIP 46140 is a Census / HUD profile for Rush County, IN. 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 Indiana research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 46140?

ZIP 46140 (Rush County, IN) has 42,927 residents, 17,542 households, a renter share of 27.4%, median household income of $82,850, and ACS 2023 median gross rent of $1,099. Vacancy is 3.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 46140?

ACS counts 702 units in 2-unit buildings, 442 in 3–4 unit buildings, 982 in 5–9, 521 in 10–19, and 97 in 20–49. Combined 2–49 unit stock is 2,744 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 46140?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,430. See the full schedule and 90–110% payment-standard band on the ZIP 46140 — Greenfield, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 46140 is Census / HUD research for Rush County, IN. Jeff Crowe CRE does not list Indiana 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.