Housing market/Indiana/ZIP 46755

ACS 2023 · FY2027 SAFMR

ZIP 46755 Kendallville, 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
15,528
Households
6,170
Median HH income
$66,034
Renter share
33.3%
Median gross rent
$722
Vacancy
10.0%
Pop. change
+1.8%
2BR SAFMR
$1,010
SAFMR / rent
1.399×
2–49 unit stock
1,440
LIHTC proj / units
8 / 416
HUD assisted MF
3 / 173

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 46755 · IN — sent to you.

ZIP 46755 · IN

ACS median rent$722
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 46755

  • 1-unit detached4,64567.7%
  • 1-unit attached2383.5%
  • 2–4 units6679.7%
  • 5–49 units77311.3%
  • 50+ units2323.4%
  • Mobile3024.4%
TypeUnitsShare
1-unit detached4,64567.7%
1-unit attached2383.5%
2 units (duplex)3575.2%
3–4 units3104.5%
5–9 units2954.3%
10–19 units2333.4%
20–49 units2453.6%
50+ units2323.4%
Mobile3024.4%

2–4 unit share 9.7% · 5–49 unit share 11.3% · combined 2–49 21.0%.

Units by bedrooms

Studio
80
1BR
812
2BR
1,922
3BR
3,100
4BR
794
5+
149

Rent burden

Rent ≥30% of income46.8%
Rent ≥50% of income16.0%
  • ACS median gross rent $722 (all bedrooms, occupied rentals).
  • Median contract rent $596.
  • Renters paying ≥30% of income 46.8%; ≥50% 16.0%.
  • FY2027 2BR SAFMR $1,010 (1.399× ACS median gross rent).

Population

15,528 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, 416 units.
  • HUD project-based assisted MF: 3 properties, 173 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 7 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 46755 33.3% of occupied households are renters; vacancy is 10.0%; ACS median gross rent is $722; population increased +1.8% between the 2018 and 2023 ACS vintages; the housing stock includes 667 units in 2–4-unit structures and 773 units in 5–49-unit structures; 8 LIHTC projects totaling 416 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $722. 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 46755 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 46755?

ZIP 46755 (Noble County, IN) has 15,528 residents, 6,170 households, a renter share of 33.3%, median household income of $66,034, and ACS 2023 median gross rent of $722. Vacancy is 10.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 46755?

ACS counts 357 units in 2-unit buildings, 310 in 3–4 unit buildings, 295 in 5–9, 233 in 10–19, and 245 in 20–49. Combined 2–49 unit stock is 1,440 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 46755?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 46755 — Kendallville, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 46755 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.