Housing market/Indiana/ZIP 46373

ACS 2023 · FY2027 SAFMR

ZIP 46373 Saint John, Indiana

Gary, 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
18,509
Households
6,565
Median HH income
$123,203
Renter share
2.0%
Median gross rent
$953
Vacancy
0.8%
Pop. change
+19.6%
2BR SAFMR
$1,490
SAFMR / rent
1.563×
2–49 unit stock
145
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 46373 · IN — sent to you.

ZIP 46373 · IN

ACS median rent$953
2BR SAFMR$1,490
90% floor$1,341
110% ceiling$1,639

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

Housing stock

ACS 2023 units-in-structure · ZCTA 46373

  • 1-unit detached5,64085.2%
  • 1-unit attached77211.7%
  • 2–4 units1261.9%
  • 5–49 units190.3%
  • 50+ units280.4%
  • Mobile310.5%
TypeUnitsShare
1-unit detached5,64085.2%
1-unit attached77211.7%
2 units (duplex)300.5%
3–4 units961.5%
5–9 units00.0%
10–19 units50.1%
20–49 units140.2%
50+ units280.4%
Mobile310.5%

2–4 unit share 1.9% · 5–49 unit share 0.3% · combined 2–49 2.2%.

Units by bedrooms

Studio
34
1BR
26
2BR
871
3BR
3,241
4BR
1,896
5+
548

Rent burden

Rent ≥30% of income26.9%
Rent ≥50% of income20.8%
  • ACS median gross rent $953 (all bedrooms, occupied rentals).
  • Median contract rent $887.
  • Renters paying ≥30% of income 26.9%; ≥50% 20.8%.
  • FY2027 2BR SAFMR $1,490 (1.563× ACS median gross rent).

Population

18,509 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +19.6%.

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 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 46373 2.0% of occupied households are renters; vacancy is 0.8%; ACS median gross rent is $953; population increased +19.6% between the 2018 and 2023 ACS vintages; the housing stock includes 126 units in 2–4-unit structures and 19 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,490 versus ACS median gross rent of $953. 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 46373 is a Census / HUD profile for Gary, 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 46373?

ZIP 46373 (Gary, IN HUD Metro FMR Area) has 18,509 residents, 6,565 households, a renter share of 2.0%, median household income of $123,203, and ACS 2023 median gross rent of $953. Vacancy is 0.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 46373?

ACS counts 30 units in 2-unit buildings, 96 in 3–4 unit buildings, 0 in 5–9, 5 in 10–19, and 14 in 20–49. Combined 2–49 unit stock is 145 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 46373?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,490. See the full schedule and 90–110% payment-standard band on the ZIP 46373 — Saint John, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 46373 is Census / HUD research for Gary, 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.