Housing market/Indiana/ZIP 47879

ACS 2023 · FY2027 SAFMR

ZIP 47879 Shelburn, Sullivan County, Indiana

Sullivan County, 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
3,120
Households
1,380
Median HH income
$50,000
Renter share
21.1%
Median gross rent
$734
Vacancy
8.2%
Pop. change
-8.7%
2BR SAFMR
$1,010
SAFMR / rent
1.376×
2–49 unit stock
71
LIHTC proj / units
1 / 16
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 47879 · IN — sent to you.

ZIP 47879 · IN

ACS median rent$734
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 47879

  • 1-unit detached1,17478.4%
  • 1-unit attached20.1%
  • 2–4 units261.7%
  • 5–49 units453.0%
  • Mobile25116.8%
TypeUnitsShare
1-unit detached1,17478.1%
1-unit attached20.1%
2 units (duplex)221.5%
3–4 units40.3%
5–9 units453.0%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile25116.7%

2–4 unit share 1.7% · 5–49 unit share 3.0% · combined 2–49 4.7%.

Units by bedrooms

Studio
73
1BR
76
2BR
477
3BR
719
4BR
130
5+
29

Rent burden

Rent ≥30% of income25.1%
Rent ≥50% of income9.3%
  • ACS median gross rent $734 (all bedrooms, occupied rentals).
  • Median contract rent $543.
  • Renters paying ≥30% of income 25.1%; ≥50% 9.3%.
  • FY2027 2BR SAFMR $1,010 (1.376× ACS median gross rent).

Population

3,120 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.7%.

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

Assisted inventory

  • LIHTC: 1 projects, 16 units.
  • 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 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 47879 21.1% of occupied households are renters; vacancy is 8.2%; ACS median gross rent is $734; population changed -8.7% between the 2018 and 2023 ACS vintages; the housing stock includes 26 units in 2–4-unit structures and 45 units in 5–49-unit structures; 1 LIHTC projects totaling 16 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $734. 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 47879 is a Census / HUD profile for Sullivan 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 47879?

ZIP 47879 (Sullivan County, IN HUD Metro FMR Area) has 3,120 residents, 1,380 households, a renter share of 21.1%, median household income of $50,000, and ACS 2023 median gross rent of $734. Vacancy is 8.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 47879?

ACS counts 22 units in 2-unit buildings, 4 in 3–4 unit buildings, 45 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 71 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 47879?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 47879 — Shelburn, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 47879 is Census / HUD research for Sullivan County, 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.