Housing market/Indiana/ZIP 47468

ACS 2023 · FY2027 SAFMR

ZIP 47468 Unionville, Indiana

Indianapolis-Carmel, IN HUD Metro FMR Area · Indiana. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,195
Households
639
Median HH income
$81,979
Renter share
13.0%
Median gross rent
$973
Vacancy
29.4%
Pop. change
-22.4%
2BR SAFMR
$1,260
SAFMR / rent
1.295×
2–49 unit stock
—
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 47468 · IN — sent to you.

ZIP 47468 · IN

ACS median rent$973
2BR SAFMR$1,260
90% floor$1,134
110% ceiling$1,386

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

Housing stock

ACS 2023 units-in-structure · ZCTA 47468

  • 1-unit detached74081.8%
  • 1-unit attached222.4%
  • Mobile14315.8%
TypeUnitsShare
1-unit detached74081.8%
1-unit attached222.4%
2 units (duplex)00.0%
3–4 units00.0%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile14315.8%

2–4 unit share 0.0% · 5–49 unit share 0.0% · combined 2–49 0.0%.

Units by bedrooms

Studio
0
1BR
133
2BR
141
3BR
364
4BR
251
5+
16

Rent burden

Rent ≥30% of income89.2%
Rent ≥50% of income51.8%
  • ACS median gross rent $973 (all bedrooms, occupied rentals).
  • Median contract rent $873.
  • Renters paying ≥30% of income 89.2%; ≥50% 51.8%.
  • FY2027 2BR SAFMR $1,260 (1.295× ACS median gross rent).

Population

1,195 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -22.4%.

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 646 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 47468 13.0% of occupied households are renters; vacancy is 29.4%; ACS median gross rent is $973; population changed -22.4% between the 2018 and 2023 ACS vintages; the housing stock includes 0 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,260 versus ACS median gross rent of $973. 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 47468 is a Census / HUD profile for Indianapolis-Carmel, 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 47468?

ZIP 47468 (Indianapolis-Carmel, IN HUD Metro FMR Area) has 1,195 residents, 639 households, a renter share of 13.0%, median household income of $81,979, and ACS 2023 median gross rent of $973. Vacancy is 29.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 47468?

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

What is the Section 8 rent in 47468?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,260. See the full schedule and 90–110% payment-standard band on the ZIP 47468 — Unionville, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 47468 is Census / HUD research for Indianapolis-Carmel, IN HUD Metro FMR Area. 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.