Housing market/Minnesota/ZIP 56358

ACS 2023 · FY2027 SAFMR

ZIP 56358 Ogilvie, Kanabec County, Minnesota

Kanabec 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
3,172
Households
1,221
Median HH income
$78,125
Renter share
13.7%
Median gross rent
$1,214
Vacancy
10.0%
Pop. change
-4.6%
2BR SAFMR
$1,540
SAFMR / rent
1.269×
2–49 unit stock
23
LIHTC proj / units
1 / 12
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 56358 · MN — sent to you.

ZIP 56358 · MN

ACS median rent$1,214
2BR SAFMR$1,540
90% floor$1,386
110% ceiling$1,694

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

Housing stock

ACS 2023 units-in-structure · ZCTA 56358

  • 1-unit detached1,10181.4%
  • 1-unit attached221.6%
  • 2–4 units70.5%
  • 5–49 units161.2%
  • Mobile20715.3%
TypeUnitsShare
1-unit detached1,10181.1%
1-unit attached221.6%
2 units (duplex)40.3%
3–4 units30.2%
5–9 units80.6%
10–19 units80.6%
20–49 units00.0%
50+ units00.0%
Mobile20715.3%

2–4 unit share 0.5% · 5–49 unit share 1.2% · combined 2–49 1.7%.

Units by bedrooms

Studio
13
1BR
60
2BR
377
3BR
563
4BR
270
5+
74

Rent burden

Rent ≥30% of income38.3%
Rent ≥50% of income8.4%
  • ACS median gross rent $1,214 (all bedrooms, occupied rentals).
  • Median contract rent $817.
  • Renters paying ≥30% of income 38.3%; ≥50% 8.4%.
  • FY2027 2BR SAFMR $1,540 (1.269× ACS median gross rent).

Population

3,172 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -4.6%.

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

Assisted inventory

  • LIHTC: 1 projects, 12 units.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 119 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 56358 13.7% of occupied households are renters; vacancy is 10.0%; ACS median gross rent is $1,214; population changed -4.6% between the 2018 and 2023 ACS vintages; the housing stock includes 7 units in 2–4-unit structures and 16 units in 5–49-unit structures; 1 LIHTC projects totaling 12 units; FY2027 2BR SAFMR is $1,540 versus ACS median gross rent of $1,214. 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 56358 is a Census / HUD profile for Kanabec County, MN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
56342Kanabec County, MN14.7%$836$1,020

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 56358?

ZIP 56358 (Kanabec County, MN) has 3,172 residents, 1,221 households, a renter share of 13.7%, median household income of $78,125, and ACS 2023 median gross rent of $1,214. Vacancy is 10.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56358?

ACS counts 4 units in 2-unit buildings, 3 in 3–4 unit buildings, 8 in 5–9, 8 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 23 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56358?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,540. See the full schedule and 90–110% payment-standard band on the ZIP 56358 — Ogilvie, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56358 is Census / HUD research for Kanabec 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.