Housing market/Indiana/ZIP 46725

ACS 2023 · FY2027 SAFMR

ZIP 46725 Columbia City, Noble County, Indiana

Noble County, IN · Indiana. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
22,941
Households
9,560
Median HH income
$76,214
Renter share
20.7%
Median gross rent
$907
Vacancy
8.4%
Pop. change
-1.8%
2BR SAFMR
$1,200
SAFMR / rent
1.323×
2–49 unit stock
1,061
LIHTC proj / units
8 / 281
HUD assisted MF
2 / 50

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 46725 · IN — sent to you.

ZIP 46725 · IN

ACS median rent$907
2BR SAFMR$1,200
90% floor$1,080
110% ceiling$1,320

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

Housing stock

ACS 2023 units-in-structure · ZCTA 46725

  • 1-unit detached8,44780.9%
  • 1-unit attached2262.2%
  • 2–4 units2922.8%
  • 5–49 units7697.4%
  • 50+ units720.7%
  • Mobile6296.0%
TypeUnitsShare
1-unit detached8,44780.9%
1-unit attached2262.2%
2 units (duplex)1121.1%
3–4 units1801.7%
5–9 units3883.7%
10–19 units2822.7%
20–49 units990.9%
50+ units720.7%
Mobile6296.0%

2–4 unit share 2.8% · 5–49 unit share 7.4% · combined 2–49 10.2%.

Units by bedrooms

Studio
52
1BR
802
2BR
2,419
3BR
5,162
4BR
1,624
5+
376

Rent burden

Rent ≥30% of income35.9%
Rent ≥50% of income11.1%
  • ACS median gross rent $907 (all bedrooms, occupied rentals).
  • Median contract rent $710.
  • Renters paying ≥30% of income 35.9%; ≥50% 11.1%.
  • FY2027 2BR SAFMR $1,200 (1.323× ACS median gross rent).

Population

22,941 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.8%.

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

Assisted inventory

  • LIHTC: 8 projects, 281 units.
  • HUD project-based assisted MF: 2 properties, 50 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 46725 20.7% of occupied households are renters; vacancy is 8.4%; ACS median gross rent is $907; population changed -1.8% between the 2018 and 2023 ACS vintages; the housing stock includes 292 units in 2–4-unit structures and 769 units in 5–49-unit structures; 8 LIHTC projects totaling 281 units; FY2027 2BR SAFMR is $1,200 versus ACS median gross rent of $907. 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 46725 is a Census / HUD profile for Noble County, 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 46725?

ZIP 46725 (Noble County, IN) has 22,941 residents, 9,560 households, a renter share of 20.7%, median household income of $76,214, and ACS 2023 median gross rent of $907. Vacancy is 8.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 46725?

ACS counts 112 units in 2-unit buildings, 180 in 3–4 unit buildings, 388 in 5–9, 282 in 10–19, and 99 in 20–49. Combined 2–49 unit stock is 1,061 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 46725?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,200. See the full schedule and 90–110% payment-standard band on the ZIP 46725 — Columbia City, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 46725 is Census / HUD research for Noble County, IN. 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.