Housing market/Indiana/ZIP 47930

ACS 2023 · FY2027 SAFMR

ZIP 47930 Clarks Hill, Montgomery County, Indiana

Montgomery 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
1,113
Households
462
Median HH income
$58,906
Renter share
22.7%
Median gross rent
$644
Vacancy
9.2%
Pop. change
-19.0%
2BR SAFMR
$1,190
SAFMR / rent
1.848×
2–49 unit stock
21
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 47930 · IN — sent to you.

ZIP 47930 · IN

ACS median rent$644
2BR SAFMR$1,190
90% floor$1,071
110% ceiling$1,309

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

Housing stock

ACS 2023 units-in-structure · ZCTA 47930

  • 1-unit detached42984.3%
  • 1-unit attached30.6%
  • 2–4 units20.4%
  • 5–49 units193.7%
  • Mobile5611.0%
TypeUnitsShare
1-unit detached42984.3%
1-unit attached30.6%
2 units (duplex)00.0%
3–4 units20.4%
5–9 units91.8%
10–19 units102.0%
20–49 units00.0%
50+ units00.0%
Mobile5611.0%

2–4 unit share 0.4% · 5–49 unit share 3.7% · combined 2–49 4.1%.

Units by bedrooms

Studio
0
1BR
16
2BR
152
3BR
242
4BR
91
5+
8

Rent burden

Rent ≥30% of income22.9%
Rent ≥50% of income20.0%
  • ACS median gross rent $644 (all bedrooms, occupied rentals).
  • Median contract rent $422.
  • Renters paying ≥30% of income 22.9%; ≥50% 20.0%.
  • FY2027 2BR SAFMR $1,190 (1.848× ACS median gross rent).

Population

1,113 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -19.0%.

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 3,335 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 47930 22.7% of occupied households are renters; vacancy is 9.2%; ACS median gross rent is $644; population changed -19.0% between the 2018 and 2023 ACS vintages; the housing stock includes 2 units in 2–4-unit structures and 19 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,190 versus ACS median gross rent of $644. 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 47930 is a Census / HUD profile for Montgomery 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 47930?

ZIP 47930 (Montgomery County, IN) has 1,113 residents, 462 households, a renter share of 22.7%, median household income of $58,906, and ACS 2023 median gross rent of $644. Vacancy is 9.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 47930?

ACS counts 0 units in 2-unit buildings, 2 in 3–4 unit buildings, 9 in 5–9, 10 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 21 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 47930?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,190. See the full schedule and 90–110% payment-standard band on the ZIP 47930 — Clarks Hill, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 47930 is Census / HUD research for Montgomery 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.