Housing market/Kentucky/ZIP 40065
ZIP 40065 Shelbyville, Shelby County, Kentucky
Shelby County, KY HUD Metro FMR Area · Kentucky. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
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HUD schedule, ACS stock, and the 90–110% band for ZIP 40065 · KY — sent to you.
ZIP 40065 · KY
ACS rent vs 2BR SAFMR
ZIP 40065 — Shelbyville, KY HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 40065
- 1-unit detached9,67574.8%
- 1-unit attached5764.5%
- 2–4 units7886.1%
- 5–49 units1,61712.5%
- 50+ units1170.9%
- Mobile1701.3%
2–4 unit share 6.1% · 5–49 unit share 12.5% · combined 2–49 18.6%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,002 (all bedrooms, occupied rentals).
- Median contract rent $808.
- Renters paying ≥30% of income 36.4%; ≥50% 11.7%.
- FY2027 2BR SAFMR $1,160 (1.158× ACS median gross rent).
Population
31,763 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +3.8%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 12 projects, 424 units.
- HUD project-based assisted MF: 3 properties, 208 assisted units.
- 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 40065 31.0% of occupied households are renters; vacancy is 7.6%; ACS median gross rent is $1,002; population increased +3.8% between the 2018 and 2023 ACS vintages; the housing stock includes 788 units in 2–4-unit structures and 1,617 units in 5–49-unit structures; 12 LIHTC projects totaling 424 units; FY2027 2BR SAFMR is $1,160 versus ACS median gross rent of $1,002. 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.
Kentucky research
ZIP 40065 is a Census / HUD profile for Shelby County, KY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 40065 — Shelbyville, KY HUD Section 8 Payment Standards / SAFMR·Kentucky ZIP directory
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 Kentucky research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 40065?
ZIP 40065 (Shelby County, KY HUD Metro FMR Area) has 31,763 residents, 11,962 households, a renter share of 31.0%, median household income of $76,813, and ACS 2023 median gross rent of $1,002. Vacancy is 7.6%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 40065?
ACS counts 304 units in 2-unit buildings, 484 in 3–4 unit buildings, 931 in 5–9, 513 in 10–19, and 173 in 20–49. Combined 2–49 unit stock is 2,405 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 40065?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,160. See the full schedule and 90–110% payment-standard band on the ZIP 40065 — Shelbyville, KY HUD Section 8 Payment Standards / SAFMR.
Does this Kentucky ZIP profile include Georgia listings?
No. ZIP 40065 is Census / HUD research for Shelby County, KY HUD Metro FMR Area. Jeff Crowe CRE does not list Kentucky 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.