Housing market/Indiana/ZIP 46124

ACS 2023 · FY2027 SAFMR

ZIP 46124 Edinburgh, Indiana

Indianapolis-Carmel, 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
7,638
Households
2,910
Median HH income
$67,926
Renter share
34.9%
Median gross rent
$798
Vacancy
6.7%
Pop. change
-10.8%
2BR SAFMR
$1,080
SAFMR / rent
1.353×
2–49 unit stock
428
LIHTC proj / units
4 / 112
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 46124 · IN — sent to you.

ZIP 46124 · IN

ACS median rent$798
2BR SAFMR$1,080
90% floor$972
110% ceiling$1,188

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

Housing stock

ACS 2023 units-in-structure · ZCTA 46124

  • 1-unit detached2,21070.9%
  • 1-unit attached812.6%
  • 2–4 units1233.9%
  • 5–49 units3059.8%
  • Mobile39912.8%
TypeUnitsShare
1-unit detached2,21070.9%
1-unit attached812.6%
2 units (duplex)130.4%
3–4 units1103.5%
5–9 units2437.8%
10–19 units70.2%
20–49 units551.8%
50+ units00.0%
Mobile39912.8%

2–4 unit share 3.9% · 5–49 unit share 9.8% · combined 2–49 13.7%.

Units by bedrooms

Studio
5
1BR
269
2BR
979
3BR
1,378
4BR
389
5+
98

Rent burden

Rent ≥30% of income29.4%
Rent ≥50% of income7.3%
  • ACS median gross rent $798 (all bedrooms, occupied rentals).
  • Median contract rent $622.
  • Renters paying ≥30% of income 29.4%; ≥50% 7.3%.
  • FY2027 2BR SAFMR $1,080 (1.353× ACS median gross rent).

Population

7,638 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -10.8%.

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

Assisted inventory

  • LIHTC: 4 projects, 112 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 51 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 46124 34.9% of occupied households are renters; vacancy is 6.7%; ACS median gross rent is $798; population changed -10.8% between the 2018 and 2023 ACS vintages; the housing stock includes 123 units in 2–4-unit structures and 305 units in 5–49-unit structures; 4 LIHTC projects totaling 112 units; FY2027 2BR SAFMR is $1,080 versus ACS median gross rent of $798. 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 46124 is a Census / HUD profile for Indianapolis-Carmel, 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 46124?

ZIP 46124 (Indianapolis-Carmel, IN HUD Metro FMR Area) has 7,638 residents, 2,910 households, a renter share of 34.9%, median household income of $67,926, and ACS 2023 median gross rent of $798. Vacancy is 6.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 46124?

ACS counts 13 units in 2-unit buildings, 110 in 3–4 unit buildings, 243 in 5–9, 7 in 10–19, and 55 in 20–49. Combined 2–49 unit stock is 428 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 46124?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,080. See the full schedule and 90–110% payment-standard band on the ZIP 46124 — Edinburgh, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 46124 is Census / HUD research for Indianapolis-Carmel, 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.