Housing market/Minnesota/ZIP 55353

ACS 2023 · FY2027 SAFMR

ZIP 55353 Kimball, Meeker County, Minnesota

Meeker 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
3,273
Households
1,171
Median HH income
$87,969
Renter share
10.8%
Median gross rent
$768
Vacancy
12.2%
Pop. change
-7.5%
2BR SAFMR
$1,090
SAFMR / rent
1.419×
2–49 unit stock
77
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 55353 · MN — sent to you.

ZIP 55353 · MN

ACS median rent$768
2BR SAFMR$1,090
90% floor$981
110% ceiling$1,199

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

Housing stock

ACS 2023 units-in-structure · ZCTA 55353

  • 1-unit detached1,19789.9%
  • 1-unit attached100.8%
  • 2–4 units80.6%
  • 5–49 units695.2%
  • 50+ units60.5%
  • Mobile413.1%
TypeUnitsShare
1-unit detached1,19789.8%
1-unit attached100.8%
2 units (duplex)50.4%
3–4 units30.2%
5–9 units10.1%
10–19 units372.8%
20–49 units312.3%
50+ units60.5%
Mobile413.1%

2–4 unit share 0.6% · 5–49 unit share 5.2% · combined 2–49 5.8%.

Units by bedrooms

Studio
6
1BR
85
2BR
303
3BR
516
4BR
299
5+
124

Rent burden

Rent ≥30% of income40.5%
Rent ≥50% of income24.6%
  • ACS median gross rent $768 (all bedrooms, occupied rentals).
  • Median contract rent $718.
  • Renters paying ≥30% of income 40.5%; ≥50% 24.6%.
  • FY2027 2BR SAFMR $1,090 (1.419× ACS median gross rent).

Population

3,273 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -7.5%.

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 210 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 55353 10.8% of occupied households are renters; vacancy is 12.2%; ACS median gross rent is $768; population changed -7.5% between the 2018 and 2023 ACS vintages; the housing stock includes 8 units in 2–4-unit structures and 69 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,090 versus ACS median gross rent of $768. 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 55353 is a Census / HUD profile for Meeker 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 55353?

ZIP 55353 (Meeker County, MN) has 3,273 residents, 1,171 households, a renter share of 10.8%, median household income of $87,969, and ACS 2023 median gross rent of $768. Vacancy is 12.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 55353?

ACS counts 5 units in 2-unit buildings, 3 in 3–4 unit buildings, 1 in 5–9, 37 in 10–19, and 31 in 20–49. Combined 2–49 unit stock is 77 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 55353?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,090. See the full schedule and 90–110% payment-standard band on the ZIP 55353 — Kimball, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 55353 is Census / HUD research for Meeker 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.