Housing market/Indiana/ZIP 46947

ACS 2023 · FY2027 SAFMR

ZIP 46947 Logansport, Cass County, Indiana

Cass 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
28,830
Households
11,047
Median HH income
$55,088
Renter share
26.6%
Median gross rent
$791
Vacancy
8.8%
Pop. change
+2.5%
2BR SAFMR
$1,030
SAFMR / rent
1.302×
2–49 unit stock
1,469
LIHTC proj / units
9 / 339
HUD assisted MF
4 / 346

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 46947 · IN — sent to you.

ZIP 46947 · IN

ACS median rent$791
2BR SAFMR$1,030
90% floor$927
110% ceiling$1,133

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

Housing stock

ACS 2023 units-in-structure · ZCTA 46947

  • 1-unit detached9,76380.6%
  • 1-unit attached2392.0%
  • 2–4 units9678.0%
  • 5–49 units5024.1%
  • 50+ units1801.5%
  • Mobile4623.8%
TypeUnitsShare
1-unit detached9,76380.6%
1-unit attached2392.0%
2 units (duplex)5834.8%
3–4 units3843.2%
5–9 units3653.0%
10–19 units330.3%
20–49 units1040.9%
50+ units1801.5%
Mobile4623.8%

2–4 unit share 8.0% · 5–49 unit share 4.1% · combined 2–49 12.1%.

Units by bedrooms

Studio
222
1BR
1,332
2BR
3,279
3BR
4,916
4BR
1,783
5+
581

Rent burden

Rent ≥30% of income36.7%
Rent ≥50% of income12.9%
  • ACS median gross rent $791 (all bedrooms, occupied rentals).
  • Median contract rent $566.
  • Renters paying ≥30% of income 36.7%; ≥50% 12.9%.
  • FY2027 2BR SAFMR $1,030 (1.302× ACS median gross rent).

Population

28,830 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +2.5%.

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

Assisted inventory

  • LIHTC: 9 projects, 339 units.
  • HUD project-based assisted MF: 4 properties, 346 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 46947 26.6% of occupied households are renters; vacancy is 8.8%; ACS median gross rent is $791; population increased +2.5% between the 2018 and 2023 ACS vintages; the housing stock includes 967 units in 2–4-unit structures and 502 units in 5–49-unit structures; 9 LIHTC projects totaling 339 units; FY2027 2BR SAFMR is $1,030 versus ACS median gross rent of $791. 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 46947 is a Census / HUD profile for Cass 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 46947?

ZIP 46947 (Cass County, IN) has 28,830 residents, 11,047 households, a renter share of 26.6%, median household income of $55,088, and ACS 2023 median gross rent of $791. Vacancy is 8.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 46947?

ACS counts 583 units in 2-unit buildings, 384 in 3–4 unit buildings, 365 in 5–9, 33 in 10–19, and 104 in 20–49. Combined 2–49 unit stock is 1,469 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 46947?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,030. See the full schedule and 90–110% payment-standard band on the ZIP 46947 — Logansport, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 46947 is Census / HUD research for Cass 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.