Housing market/Kentucky/ZIP 42301
ZIP 42301 Owensboro, Henderson County, Kentucky
Henderson County, KY · Kentucky. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 42301 · KY — sent to you.
ZIP 42301 · KY
ACS rent vs 2BR SAFMR
ZIP 42301 — Owensboro, 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 42301
- 1-unit detached14,38172.5%
- 1-unit attached2111.1%
- 2–4 units2,24611.3%
- 5–49 units1,5888.0%
- 50+ units8134.1%
- Mobile5943.0%
2–4 unit share 11.3% · 5–49 unit share 8.0% · combined 2–49 19.3%.
Units by bedrooms
Rent burden
- ACS median gross rent $883 (all bedrooms, occupied rentals).
- Median contract rent $657.
- Renters paying ≥30% of income 40.7%; ≥50% 19.0%.
- FY2027 2BR SAFMR $1,190 (1.348× ACS median gross rent).
Population
45,399 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +4.9%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 3 projects, 107 units.
- HUD project-based assisted MF: 7 properties, 705 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 75 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 42301 39.1% of occupied households are renters; vacancy is 7.3%; ACS median gross rent is $883; population increased +4.9% between the 2018 and 2023 ACS vintages; the housing stock includes 2,246 units in 2–4-unit structures and 1,588 units in 5–49-unit structures; 3 LIHTC projects totaling 107 units; FY2027 2BR SAFMR is $1,190 versus ACS median gross rent of $883. 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 42301 is a Census / HUD profile for Henderson County, KY. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 42301 — Owensboro, 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 42301?
ZIP 42301 (Henderson County, KY) has 45,399 residents, 18,377 households, a renter share of 39.1%, median household income of $62,010, and ACS 2023 median gross rent of $883. Vacancy is 7.3%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 42301?
ACS counts 971 units in 2-unit buildings, 1,275 in 3–4 unit buildings, 835 in 5–9, 581 in 10–19, and 172 in 20–49. Combined 2–49 unit stock is 3,834 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 42301?
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 42301 — Owensboro, KY HUD Section 8 Payment Standards / SAFMR.
Does this Kentucky ZIP profile include Georgia listings?
No. ZIP 42301 is Census / HUD research for Henderson County, KY. 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.