Housing market/Indiana/ZIP 46506

ACS 2023 · FY2027 SAFMR

ZIP 46506 Bremen, Marshall County, Indiana

Marshall 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
10,095
Households
3,742
Median HH income
$72,689
Renter share
24.5%
Median gross rent
$934
Vacancy
7.9%
Pop. change
+4.2%
2BR SAFMR
$1,170
SAFMR / rent
1.253×
2–49 unit stock
470
LIHTC proj / units
—
HUD assisted MF
2 / 82

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 46506 · IN — sent to you.

ZIP 46506 · IN

ACS median rent$934
2BR SAFMR$1,170
90% floor$1,053
110% ceiling$1,287

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

Housing stock

ACS 2023 units-in-structure · ZCTA 46506

  • 1-unit detached3,37883.2%
  • 1-unit attached1353.3%
  • 2–4 units2726.7%
  • 5–49 units1984.9%
  • 50+ units471.2%
  • Mobile320.8%
TypeUnitsShare
1-unit detached3,37883.2%
1-unit attached1353.3%
2 units (duplex)902.2%
3–4 units1824.5%
5–9 units1223.0%
10–19 units511.3%
20–49 units250.6%
50+ units471.2%
Mobile320.8%

2–4 unit share 6.7% · 5–49 unit share 4.9% · combined 2–49 11.6%.

Units by bedrooms

Studio
31
1BR
233
2BR
825
3BR
1,802
4BR
858
5+
313

Rent burden

Rent ≥30% of income40.9%
Rent ≥50% of income18.2%
  • ACS median gross rent $934 (all bedrooms, occupied rentals).
  • Median contract rent $754.
  • Renters paying ≥30% of income 40.9%; ≥50% 18.2%.
  • FY2027 2BR SAFMR $1,170 (1.253× ACS median gross rent).

Population

10,095 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.2%.

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: 2 properties, 82 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 22 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 46506 24.5% of occupied households are renters; vacancy is 7.9%; ACS median gross rent is $934; population increased +4.2% between the 2018 and 2023 ACS vintages; the housing stock includes 272 units in 2–4-unit structures and 198 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,170 versus ACS median gross rent of $934. 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 46506 is a Census / HUD profile for Marshall 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 46506?

ZIP 46506 (Marshall County, IN) has 10,095 residents, 3,742 households, a renter share of 24.5%, median household income of $72,689, and ACS 2023 median gross rent of $934. Vacancy is 7.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 46506?

ACS counts 90 units in 2-unit buildings, 182 in 3–4 unit buildings, 122 in 5–9, 51 in 10–19, and 25 in 20–49. Combined 2–49 unit stock is 470 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 46506?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,170. See the full schedule and 90–110% payment-standard band on the ZIP 46506 — Bremen, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 46506 is Census / HUD research for Marshall 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.