Housing market/Minnesota/ZIP 55019

ACS 2023 · FY2027 SAFMR

ZIP 55019 Dundas, Rice County, Minnesota

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

Population
2,336
Households
826
Median HH income
$112,273
Renter share
4.2%
Median gross rent
$1,214
Vacancy
3.4%
Pop. change
+17.8%
2BR SAFMR
$1,760
SAFMR / rent
1.450×
2–49 unit stock
19
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 55019 · MN — sent to you.

ZIP 55019 · MN

ACS median rent$1,214
2BR SAFMR$1,760
90% floor$1,584
110% ceiling$1,936

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

Housing stock

ACS 2023 units-in-structure · ZCTA 55019

  • 1-unit detached65776.8%
  • 1-unit attached16819.6%
  • 2–4 units111.3%
  • 5–49 units80.9%
  • Mobile111.3%
TypeUnitsShare
1-unit detached65776.8%
1-unit attached16819.6%
2 units (duplex)80.9%
3–4 units30.4%
5–9 units80.9%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile111.3%

2–4 unit share 1.3% · 5–49 unit share 0.9% · combined 2–49 2.2%.

Units by bedrooms

Studio
0
1BR
11
2BR
125
3BR
342
4BR
253
5+
124

Rent burden

Rent ≥30% of income20.0%
Rent ≥50% of income0.0%
  • ACS median gross rent $1,214 (all bedrooms, occupied rentals).
  • Median contract rent $1,205.
  • Renters paying ≥30% of income 20.0%; ≥50% 0.0%.
  • FY2027 2BR SAFMR $1,760 (1.450× ACS median gross rent).

Population

2,336 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +17.8%.

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 55019 4.2% of occupied households are renters; vacancy is 3.4%; ACS median gross rent is $1,214; population increased +17.8% between the 2018 and 2023 ACS vintages; the housing stock includes 11 units in 2–4-unit structures and 8 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,760 versus ACS median gross rent of $1,214. 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.

Minnesota research

ZIP 55019 is a Census / HUD profile for Rice County, MN. 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 Minnesota research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 55019?

ZIP 55019 (Rice County, MN) has 2,336 residents, 826 households, a renter share of 4.2%, median household income of $112,273, and ACS 2023 median gross rent of $1,214. Vacancy is 3.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 55019?

ACS counts 8 units in 2-unit buildings, 3 in 3–4 unit buildings, 8 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 19 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 55019?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,760. See the full schedule and 90–110% payment-standard band on the ZIP 55019 — Dundas, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 55019 is Census / HUD research for Rice County, MN. Jeff Crowe CRE does not list Minnesota 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.