Henry County housing stock & renter economics

Henry County apartment-building and small-multifamily investors concentrate in ZIPs where HUD Fair Market Rents sit above or beside ACS median gross rent. The table below is ZCTA housing stock and voucher benchmarks for commercial residential income underwriting, linked to each ZIP housing profile. Live FMLS set on this page: 1 buildings.

5 ZCTAs · 5 with ACS. Medians across ACS ZIPs; totals for stock. Not a listing feed.

Population: 269,170
Households: 92,545
Housing units: 98,339
2-unit stock: 1,423
3–4 unit stock: 1,397
2–4 unit stock: 2,820
5–49 unit stock: 11,267
50+ unit stock: 1,332
Median renter share: 25.6%
ACS median rent: $1,549
Contract rent: $1,317
1BR SAFMR: $1,590
2BR SAFMR: $1,730
3BR SAFMR: $2,060
SAFMR / ACS rent: 1.11×
Vacancy (ACS): 6.1%
Pop Δ 2018–2023: +16.2%
Median HH income: $81,601
Rent burden ≥30%: 51.6%
Rent burden ≥50%: 27.7%
LIHTC projects / units: 22 / 2,847
HUD assisted MF: 3 / 44
Alloc. 5+ permits: 218

Henry County: median renter share 25.6%; ACS median gross rent $1,549; FY2027 2BR SAFMR $1,730; 2BR SAFMR is 1.11× ACS median gross rent; 1,423 units in 2-unit structures, 1,397 in 3–4-unit structures, and 11,267 in 5–49-unit structures; population up +16.2% between ACS 2018 and 2023; 22 LIHTC projects (2,847 units); 218 allocated 5+ unit permits (county BPS × ZCTA share). Census / HUD stock — not a rent roll and not a buy/sell score.

ZIPPlaceRentersMed. rent2BR SAFMR2–49 unitsPop Δ

30281Stockbridge39.2%$1,427$1,5906,844+4.9%30253McDonough38.6%$1,627$1,8005,169+16.2%30228Hampton25.6%$1,549$1,7301,208+21.8%30248Locust Grove16.9%$1,470$1,630437+34.5%30252McDonough11.7%$1,819$2,050429+5.7%

Georgia ZIP housing directory·All Georgia ZCTAs·SAFMR directory·Voucher Spread™

ZCTA ≈ USPS ZIP. ACS 5-year 2023 lags construction. Units-in-structure is Census standing stock (2-unit vs 3–4 vs 5–49 vs 50+), not the live FMLS card. SAFMR is a bedroom-specific HUD voucher benchmark, not asking rent. LIHTC / assisted-MF are inventory of record and belong on apartment pages. 5+ permits are county BPS 2025 allocated by ZCTA housing-unit share. Brokerage is Georgia-only.

1 Multifamily Investment Properties for Sale in Henry County

As of today, 1 active small multifamily listings in Henry County · median $215,000/door · median estimated cap 5.5% (n=1). Henry County (Stockbridge and surrounding areas) has seen strong residential growth south of Atlanta. Multifamily inventory is limited and usually consists of small residential multi-unit properties.

All Georgia multifamily →Georgia multifamily market report →