Housing market/Minnesota/ZIP 56208

ACS 2023 · FY2027 SAFMR

ZIP 56208 Appleton, Swift County, Minnesota

Swift 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
2,097
Households
938
Median HH income
$56,196
Renter share
20.4%
Median gross rent
$691
Vacancy
18.2%
Pop. change
+1.7%
2BR SAFMR
$1,010
SAFMR / rent
1.462×
2–49 unit stock
216
LIHTC proj / units
1 / 24
HUD assisted MF
1 / 37

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 56208 · MN — sent to you.

ZIP 56208 · MN

ACS median rent$691
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 56208

  • 1-unit detached87476.2%
  • 1-unit attached100.9%
  • 2–4 units514.4%
  • 5–49 units16514.4%
  • 50+ units30.3%
  • Mobile443.8%
TypeUnitsShare
1-unit detached87476.2%
1-unit attached100.9%
2 units (duplex)413.6%
3–4 units100.9%
5–9 units171.5%
10–19 units605.2%
20–49 units887.7%
50+ units30.3%
Mobile443.8%

2–4 unit share 4.4% · 5–49 unit share 14.4% · combined 2–49 18.8%.

Units by bedrooms

Studio
2
1BR
106
2BR
296
3BR
406
4BR
250
5+
87

Rent burden

Rent ≥30% of income46.6%
Rent ≥50% of income27.8%
  • ACS median gross rent $691 (all bedrooms, occupied rentals).
  • Median contract rent $497.
  • Renters paying ≥30% of income 46.6%; ≥50% 27.8%.
  • FY2027 2BR SAFMR $1,010 (1.462× ACS median gross rent).

Population

2,097 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.7%.

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

Assisted inventory

  • LIHTC: 1 projects, 24 units.
  • HUD project-based assisted MF: 1 properties, 37 assisted units.
  • 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 56208 20.4% of occupied households are renters; vacancy is 18.2%; ACS median gross rent is $691; population increased +1.7% between the 2018 and 2023 ACS vintages; the housing stock includes 51 units in 2–4-unit structures and 165 units in 5–49-unit structures; 1 LIHTC projects totaling 24 units; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $691. 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 56208 is a Census / HUD profile for Swift 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 56208?

ZIP 56208 (Swift County, MN) has 2,097 residents, 938 households, a renter share of 20.4%, median household income of $56,196, and ACS 2023 median gross rent of $691. Vacancy is 18.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56208?

ACS counts 41 units in 2-unit buildings, 10 in 3–4 unit buildings, 17 in 5–9, 60 in 10–19, and 88 in 20–49. Combined 2–49 unit stock is 216 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56208?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 56208 — Appleton, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56208 is Census / HUD research for Swift 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.