Housing market/Indiana/ZIP 47660

ACS 2023 · FY2027 SAFMR

ZIP 47660 Oakland City, Pike County, Indiana

Pike 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
4,819
Households
1,837
Median HH income
$53,791
Renter share
27.5%
Median gross rent
$922
Vacancy
11.2%
Pop. change
-1.6%
2BR SAFMR
$1,070
SAFMR / rent
1.161×
2–49 unit stock
92
LIHTC proj / units
1 / 24
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 47660 · IN — sent to you.

ZIP 47660 · IN

ACS median rent$922
2BR SAFMR$1,070
90% floor$963
110% ceiling$1,177

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

Housing stock

ACS 2023 units-in-structure · ZCTA 47660

  • 1-unit detached1,75785.0%
  • 2–4 units813.9%
  • 5–49 units110.5%
  • 50+ units80.4%
  • Mobile21110.2%
TypeUnitsShare
1-unit detached1,75784.9%
1-unit attached00.0%
2 units (duplex)291.4%
3–4 units522.5%
5–9 units110.5%
10–19 units00.0%
20–49 units00.0%
50+ units80.4%
Mobile21110.2%

2–4 unit share 3.9% · 5–49 unit share 0.5% · combined 2–49 4.4%.

Units by bedrooms

Studio
5
1BR
89
2BR
691
3BR
1,061
4BR
201
5+
22

Rent burden

Rent ≥30% of income26.3%
Rent ≥50% of income6.3%
  • ACS median gross rent $922 (all bedrooms, occupied rentals).
  • Median contract rent $514.
  • Renters paying ≥30% of income 26.3%; ≥50% 6.3%.
  • FY2027 2BR SAFMR $1,070 (1.161× ACS median gross rent).

Population

4,819 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -1.6%.

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

Assisted inventory

  • LIHTC: 1 projects, 24 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 118 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 47660 27.5% of occupied households are renters; vacancy is 11.2%; ACS median gross rent is $922; population changed -1.6% between the 2018 and 2023 ACS vintages; the housing stock includes 81 units in 2–4-unit structures and 11 units in 5–49-unit structures; 1 LIHTC projects totaling 24 units; FY2027 2BR SAFMR is $1,070 versus ACS median gross rent of $922. 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 47660 is a Census / HUD profile for Pike 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 47660?

ZIP 47660 (Pike County, IN) has 4,819 residents, 1,837 households, a renter share of 27.5%, median household income of $53,791, and ACS 2023 median gross rent of $922. Vacancy is 11.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 47660?

ACS counts 29 units in 2-unit buildings, 52 in 3–4 unit buildings, 11 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 92 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 47660?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,070. See the full schedule and 90–110% payment-standard band on the ZIP 47660 — Oakland City, IN HUD Section 8 Payment Standards / SAFMR.

Does this Indiana ZIP profile include Georgia listings?

No. ZIP 47660 is Census / HUD research for Pike 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.