Housing market/Minnesota/ZIP 55805

ACS 2023 · FY2027 SAFMR

ZIP 55805 Duluth, Minnesota

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

Population
10,277
Households
4,868
Median HH income
$43,077
Renter share
71.1%
Median gross rent
$984
Vacancy
10.3%
Pop. change
+7.5%
2BR SAFMR
$1,220
SAFMR / rent
1.240×
2–49 unit stock
2,476
LIHTC proj / units
6 / 237
HUD assisted MF
3 / 472

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 55805 · MN — sent to you.

ZIP 55805 · MN

ACS median rent$984
2BR SAFMR$1,220
90% floor$1,098
110% ceiling$1,342

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

Housing stock

ACS 2023 units-in-structure · ZCTA 55805

  • 1-unit detached2,20040.5%
  • 1-unit attached1051.9%
  • 2–4 units1,39325.7%
  • 5–49 units1,08319.9%
  • 50+ units62011.4%
  • Mobile290.5%
TypeUnitsShare
1-unit detached2,20040.5%
1-unit attached1051.9%
2 units (duplex)73013.4%
3–4 units66312.2%
5–9 units4498.3%
10–19 units3496.4%
20–49 units2855.2%
50+ units62011.4%
Mobile290.5%

2–4 unit share 25.7% · 5–49 unit share 19.9% · combined 2–49 45.6%.

Units by bedrooms

Studio
350
1BR
1,373
2BR
1,606
3BR
1,475
4BR
534
5+
92

Rent burden

Rent ≥30% of income52.0%
Rent ≥50% of income27.0%
  • ACS median gross rent $984 (all bedrooms, occupied rentals).
  • Median contract rent $912.
  • Renters paying ≥30% of income 52.0%; ≥50% 27.0%.
  • FY2027 2BR SAFMR $1,220 (1.240× ACS median gross rent).

Population

10,277 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: 6 projects, 237 units.
  • HUD project-based assisted MF: 3 properties, 472 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 164 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 55805 71.1% of occupied households are renters; vacancy is 10.3%; ACS median gross rent is $984; population increased +7.5% between the 2018 and 2023 ACS vintages; the housing stock includes 1,393 units in 2–4-unit structures and 1,083 units in 5–49-unit structures; 6 LIHTC projects totaling 237 units; FY2027 2BR SAFMR is $1,220 versus ACS median gross rent of $984. 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 55805 is a Census / HUD profile for Duluth, MN-WI, 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 55805?

ZIP 55805 (Duluth, MN-WI MSA) has 10,277 residents, 4,868 households, a renter share of 71.1%, median household income of $43,077, and ACS 2023 median gross rent of $984. Vacancy is 10.3%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 55805?

ACS counts 730 units in 2-unit buildings, 663 in 3–4 unit buildings, 449 in 5–9, 349 in 10–19, and 285 in 20–49. Combined 2–49 unit stock is 2,476 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 55805?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,220. See the full schedule and 90–110% payment-standard band on the ZIP 55805 — Duluth, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 55805 is Census / HUD research for Duluth, MN-WI MSA. 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.