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Housing market/Minnesota/ZIP 55436

ACS 2023 · FY2027 SAFMR

ZIP 55436 Minneapolis, 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
14,573
Households
6,127
Median HH income
$132,487
Renter share
24.9%
Median gross rent
$1,855
Vacancy
5.0%
Pop. change
+10.6%
2BR SAFMR
$2,180
SAFMR / rent
1.175×
2–49 unit stock
1,077
LIHTC proj / units
—
HUD assisted MF
1 / 29

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 55436 · MN — sent to you.

ZIP 55436 · MN

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ACS rent vs 2BR SAFMR

ZIP 55436 — Minneapolis, MN HUD Section 8 Payment Standards / SAFMR →
ACS median rent$1,855
2BR SAFMR$2,180
90% floor$1,962
110% ceiling$2,398

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

Housing stock

ACS 2023 units-in-structure · ZCTA 55436

  • 1-unit detached3,51554.5%
  • 1-unit attached5148.0%
  • 2–4 units1081.7%
  • 5–49 units96915.0%
  • 50+ units1,28219.9%
  • Mobile610.9%
TypeUnitsShare
1-unit detached3,51554.5%
1-unit attached5148.0%
2 units (duplex)290.4%
3–4 units791.2%
5–9 units1121.7%
10–19 units1272.0%
20–49 units73011.3%
50+ units1,28219.9%
Mobile610.9%

2–4 unit share 1.7% · 5–49 unit share 15.0% · combined 2–49 16.7%.

Units by bedrooms

Studio
121
1BR
868
2BR
1,710
3BR
1,237
4BR
1,572
5+
941

Rent burden

Rent ≥30% of income55.0%
Rent ≥50% of income30.1%
  • ACS median gross rent $1,855 (all bedrooms, occupied rentals).
  • Median contract rent $1,797.
  • Renters paying ≥30% of income 55.0%; ≥50% 30.1%.
  • FY2027 2BR SAFMR $2,180 (1.175× ACS median gross rent).

Population

14,573 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +10.6%.

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: 1 properties, 29 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 55436 24.9% of occupied households are renters; vacancy is 5.0%; ACS median gross rent is $1,855; population increased +10.6% between the 2018 and 2023 ACS vintages; the housing stock includes 108 units in 2–4-unit structures and 969 units in 5–49-unit structures; FY2027 2BR SAFMR is $2,180 versus ACS median gross rent of $1,855. 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 55436 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 55436 — Minneapolis, 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 55436?

ZIP 55436 (Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area) has 14,573 residents, 6,127 households, a renter share of 24.9%, median household income of $132,487, and ACS 2023 median gross rent of $1,855. Vacancy is 5.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 55436?

ACS counts 29 units in 2-unit buildings, 79 in 3–4 unit buildings, 112 in 5–9, 127 in 10–19, and 730 in 20–49. Combined 2–49 unit stock is 1,077 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 55436?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $2,180. See the full schedule and 90–110% payment-standard band on the ZIP 55436 — Minneapolis, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 55436 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.