Housing market/Minnesota/ZIP 56267

ACS 2023 · FY2027 SAFMR

ZIP 56267 Morris, Stevens County, Minnesota

Stevens 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
6,766
Households
2,608
Median HH income
$70,000
Renter share
40.6%
Median gross rent
$848
Vacancy
7.2%
Pop. change
-2.1%
2BR SAFMR
$1,040
SAFMR / rent
1.226×
2–49 unit stock
494
LIHTC proj / units
1 / 14
HUD assisted MF
1 / 80

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 56267 · MN — sent to you.

ZIP 56267 · MN

ACS median rent$848
2BR SAFMR$1,040
90% floor$936
110% ceiling$1,144

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

Housing stock

ACS 2023 units-in-structure · ZCTA 56267

  • 1-unit detached2,05573.2%
  • 1-unit attached541.9%
  • 2–4 units1043.7%
  • 5–49 units39013.9%
  • 50+ units1515.4%
  • Mobile552.0%
TypeUnitsShare
1-unit detached2,05573.2%
1-unit attached541.9%
2 units (duplex)481.7%
3–4 units562.0%
5–9 units742.6%
10–19 units1916.8%
20–49 units1254.4%
50+ units1515.4%
Mobile552.0%

2–4 unit share 3.7% · 5–49 unit share 13.9% · combined 2–49 17.6%.

Units by bedrooms

Studio
41
1BR
353
2BR
570
3BR
915
4BR
679
5+
251

Rent burden

Rent ≥30% of income36.4%
Rent ≥50% of income14.6%
  • ACS median gross rent $848 (all bedrooms, occupied rentals).
  • Median contract rent $751.
  • Renters paying ≥30% of income 36.4%; ≥50% 14.6%.
  • FY2027 2BR SAFMR $1,040 (1.226× ACS median gross rent).

Population

6,766 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -2.1%.

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

Assisted inventory

  • LIHTC: 1 projects, 14 units.
  • HUD project-based assisted MF: 1 properties, 80 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 60 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 56267 40.6% of occupied households are renters; vacancy is 7.2%; ACS median gross rent is $848; population changed -2.1% between the 2018 and 2023 ACS vintages; the housing stock includes 104 units in 2–4-unit structures and 390 units in 5–49-unit structures; 1 LIHTC projects totaling 14 units; FY2027 2BR SAFMR is $1,040 versus ACS median gross rent of $848. 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 56267 is a Census / HUD profile for Stevens 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 56267?

ZIP 56267 (Stevens County, MN) has 6,766 residents, 2,608 households, a renter share of 40.6%, median household income of $70,000, and ACS 2023 median gross rent of $848. Vacancy is 7.2%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56267?

ACS counts 48 units in 2-unit buildings, 56 in 3–4 unit buildings, 74 in 5–9, 191 in 10–19, and 125 in 20–49. Combined 2–49 unit stock is 494 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56267?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,040. See the full schedule and 90–110% payment-standard band on the ZIP 56267 — Morris, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56267 is Census / HUD research for Stevens 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.