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Housing market/Minnesota/ZIP 55364

ACS 2023 · FY2027 SAFMR

ZIP 55364 Mound, Minnesota

Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area · Minnesota. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
13,959
Households
6,207
Median HH income
$111,083
Renter share
18.7%
Median gross rent
$1,128
Vacancy
7.9%
Pop. change
-8.6%
2BR SAFMR
$1,580
SAFMR / rent
1.401×
2–49 unit stock
554
LIHTC proj / units
2 / 108
HUD assisted MF
3 / 92

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 55364 · MN — sent to you.

ZIP 55364 · MN

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ACS rent vs 2BR SAFMR

ZIP 55364 — Mound, MN HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,128
2BR SAFMR$1,580
90% floor$1,422
110% ceiling$1,738

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

Housing stock

ACS 2023 units-in-structure · ZCTA 55364

  • 1-unit detached5,32579.0%
  • 1-unit attached4957.3%
  • 2–4 units1001.5%
  • 5–49 units4546.7%
  • 50+ units3415.1%
  • Mobile250.4%
TypeUnitsShare
1-unit detached5,32579.0%
1-unit attached4957.3%
2 units (duplex)110.2%
3–4 units891.3%
5–9 units00.0%
10–19 units1281.9%
20–49 units3264.8%
50+ units3415.1%
Mobile250.4%

2–4 unit share 1.5% · 5–49 unit share 6.7% · combined 2–49 8.2%.

Units by bedrooms

Studio
156
1BR
744
2BR
1,458
3BR
2,162
4BR
1,623
5+
597

Rent burden

Rent ≥30% of income31.6%
Rent ≥50% of income18.8%
  • ACS median gross rent $1,128 (all bedrooms, occupied rentals).
  • Median contract rent $965.
  • Renters paying ≥30% of income 31.6%; ≥50% 18.8%.
  • FY2027 2BR SAFMR $1,580 (1.401× ACS median gross rent).

Population

13,959 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.6%.

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

Assisted inventory

  • LIHTC: 2 projects, 108 units.
  • HUD project-based assisted MF: 3 properties, 92 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1,804 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 55364 18.7% of occupied households are renters; vacancy is 7.9%; ACS median gross rent is $1,128; population changed -8.6% between the 2018 and 2023 ACS vintages; the housing stock includes 100 units in 2–4-unit structures and 454 units in 5–49-unit structures; 2 LIHTC projects totaling 108 units; FY2027 2BR SAFMR is $1,580 versus ACS median gross rent of $1,128. 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 55364 is a Census / HUD profile for Minneapolis-St. Paul-Bloomington, MN-WI, MN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 55364 — Mound, MN HUD Section 8 Payment Standards / SAFMR·Minnesota ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
54002Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area22.0%$1,200$1,54054003Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area1.8%—$1,54054011Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area25.3%$976$1,54054014Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area9.2%$993$1,54054015Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area21.3%$951$1,54054016Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area20.8%$1,431$1,69054021Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area20.5%$1,285$1,54054022Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area29.3%$1,059$1,54054023Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area16.1%$1,587$1,92054028Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area30.1%$898$1,54054082Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area11.1%—$1,57054723Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area15.7%$875$1,540

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 55364?

ZIP 55364 (Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area) has 13,959 residents, 6,207 households, a renter share of 18.7%, median household income of $111,083, and ACS 2023 median gross rent of $1,128. Vacancy is 7.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 55364?

ACS counts 11 units in 2-unit buildings, 89 in 3–4 unit buildings, 0 in 5–9, 128 in 10–19, and 326 in 20–49. Combined 2–49 unit stock is 554 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 55364?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,580. See the full schedule and 90–110% payment-standard band on the ZIP 55364 — Mound, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 55364 is Census / HUD research for Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area. 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.