Housing market/Minnesota/ZIP 56303
ZIP 56303 Saint Cloud, Minnesota
St. Cloud, MN MSA · Minnesota. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
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HUD schedule, ACS stock, and the 90–110% band for ZIP 56303 · MN — sent to you.
ZIP 56303 · MN
ACS rent vs 2BR SAFMR
ZIP 56303 — Saint Cloud, MN HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 56303
- 1-unit detached7,50563.8%
- 1-unit attached5824.9%
- 2–4 units5474.7%
- 5–49 units2,14118.2%
- 50+ units9247.9%
- Mobile610.5%
2–4 unit share 4.7% · 5–49 unit share 18.2% · combined 2–49 22.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,001 (all bedrooms, occupied rentals).
- Median contract rent $916.
- Renters paying ≥30% of income 39.3%; ≥50% 18.8%.
- FY2027 2BR SAFMR $1,170 (1.169× ACS median gross rent).
Population
26,031 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: +5.5%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 5 projects, 165 units.
- HUD project-based assisted MF: 4 properties, 175 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 253 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 56303 38.1% of occupied households are renters; vacancy is 5.2%; ACS median gross rent is $1,001; population increased +5.5% between the 2018 and 2023 ACS vintages; the housing stock includes 547 units in 2–4-unit structures and 2,141 units in 5–49-unit structures; 5 LIHTC projects totaling 165 units; FY2027 2BR SAFMR is $1,170 versus ACS median gross rent of $1,001. 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 56303 is a Census / HUD profile for St. Cloud, MN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 56303 — Saint Cloud, MN HUD Section 8 Payment Standards / SAFMR·Minnesota ZIP directory
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 56303?
ZIP 56303 (St. Cloud, MN MSA) has 26,031 residents, 11,144 households, a renter share of 38.1%, median household income of $66,789, and ACS 2023 median gross rent of $1,001. Vacancy is 5.2%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 56303?
ACS counts 406 units in 2-unit buildings, 141 in 3–4 unit buildings, 242 in 5–9, 680 in 10–19, and 1,219 in 20–49. Combined 2–49 unit stock is 2,688 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 56303?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,170. See the full schedule and 90–110% payment-standard band on the ZIP 56303 — Saint Cloud, MN HUD Section 8 Payment Standards / SAFMR.
Does this Minnesota ZIP profile include Georgia listings?
No. ZIP 56303 is Census / HUD research for St. Cloud, MN 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.