Housing market/Minnesota/ZIP 56560

ACS 2023 · FY2027 SAFMR

ZIP 56560 Moorhead, Wilkin County, Minnesota

Wilkin 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
44,156
Households
18,448
Median HH income
$71,114
Renter share
40.3%
Median gross rent
$1,019
Vacancy
4.7%
Pop. change
+0.7%
2BR SAFMR
$1,190
SAFMR / rent
1.168×
2–49 unit stock
5,921
LIHTC proj / units
7 / 343
HUD assisted MF
4 / 256

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 56560 · MN — sent to you.

ZIP 56560 · MN

ACS median rent$1,019
2BR SAFMR$1,190
90% floor$1,071
110% ceiling$1,309

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

Housing stock

ACS 2023 units-in-structure · ZCTA 56560

  • 1-unit detached10,32853.3%
  • 1-unit attached1,97010.2%
  • 2–4 units8494.4%
  • 5–49 units5,07226.2%
  • 50+ units9384.8%
  • Mobile2091.1%
TypeUnitsShare
1-unit detached10,32853.3%
1-unit attached1,97010.2%
2 units (duplex)4302.2%
3–4 units4192.2%
5–9 units8924.6%
10–19 units1,7579.1%
20–49 units2,42312.5%
50+ units9384.8%
Mobile2091.1%

2–4 unit share 4.4% · 5–49 unit share 26.2% · combined 2–49 30.6%.

Units by bedrooms

Studio
331
1BR
2,797
2BR
5,142
3BR
5,174
4BR
4,679
5+
1,243

Rent burden

Rent ≥30% of income50.6%
Rent ≥50% of income27.4%
  • ACS median gross rent $1,019 (all bedrooms, occupied rentals).
  • Median contract rent $884.
  • Renters paying ≥30% of income 50.6%; ≥50% 27.4%.
  • FY2027 2BR SAFMR $1,190 (1.168× ACS median gross rent).

Population

44,156 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +0.7%.

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

Assisted inventory

  • LIHTC: 7 projects, 343 units.
  • HUD project-based assisted MF: 4 properties, 256 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 173 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 56560 40.3% of occupied households are renters; vacancy is 4.7%; ACS median gross rent is $1,019; population increased +0.7% between the 2018 and 2023 ACS vintages; the housing stock includes 849 units in 2–4-unit structures and 5,072 units in 5–49-unit structures; 7 LIHTC projects totaling 343 units; FY2027 2BR SAFMR is $1,190 versus ACS median gross rent of $1,019. 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 56560 is a Census / HUD profile for Wilkin 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 56560?

ZIP 56560 (Wilkin County, MN) has 44,156 residents, 18,448 households, a renter share of 40.3%, median household income of $71,114, and ACS 2023 median gross rent of $1,019. Vacancy is 4.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56560?

ACS counts 430 units in 2-unit buildings, 419 in 3–4 unit buildings, 892 in 5–9, 1,757 in 10–19, and 2,423 in 20–49. Combined 2–49 unit stock is 5,921 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56560?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,190. See the full schedule and 90–110% payment-standard band on the ZIP 56560 — Moorhead, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56560 is Census / HUD research for Wilkin 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.