Housing market/Minnesota/ZIP 56601

ACS 2023 · FY2027 SAFMR

ZIP 56601 Bemidji, Hubbard County, Minnesota

Hubbard 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
34,700
Households
14,070
Median HH income
$69,782
Renter share
33.1%
Median gross rent
$1,033
Vacancy
12.6%
Pop. change
+1.2%
2BR SAFMR
$1,250
SAFMR / rent
1.210×
2–49 unit stock
2,772
LIHTC proj / units
7 / 224
HUD assisted MF
4 / 201

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 56601 · MN — sent to you.

ZIP 56601 · MN

ACS median rent$1,033
2BR SAFMR$1,250
90% floor$1,125
110% ceiling$1,375

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

Housing stock

ACS 2023 units-in-structure · ZCTA 56601

  • 1-unit detached10,49265.2%
  • 1-unit attached5843.6%
  • 2–4 units7004.3%
  • 5–49 units2,07212.9%
  • 50+ units4953.1%
  • Mobile1,75910.9%
TypeUnitsShare
1-unit detached10,49265.2%
1-unit attached5843.6%
2 units (duplex)2371.5%
3–4 units4632.9%
5–9 units2721.7%
10–19 units6924.3%
20–49 units1,1086.9%
50+ units4953.1%
Mobile1,75910.9%

2–4 unit share 4.3% · 5–49 unit share 12.9% · combined 2–49 17.2%.

Units by bedrooms

Studio
481
1BR
1,506
2BR
4,369
3BR
5,772
4BR
3,103
5+
873

Rent burden

Rent ≥30% of income37.7%
Rent ≥50% of income20.7%
  • ACS median gross rent $1,033 (all bedrooms, occupied rentals).
  • Median contract rent $914.
  • Renters paying ≥30% of income 37.7%; ≥50% 20.7%.
  • FY2027 2BR SAFMR $1,250 (1.210× ACS median gross rent).

Population

34,700 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +1.2%.

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

Assisted inventory

  • LIHTC: 7 projects, 224 units.
  • HUD project-based assisted MF: 4 properties, 201 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 85 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 56601 33.1% of occupied households are renters; vacancy is 12.6%; ACS median gross rent is $1,033; population increased +1.2% between the 2018 and 2023 ACS vintages; the housing stock includes 700 units in 2–4-unit structures and 2,072 units in 5–49-unit structures; 7 LIHTC projects totaling 224 units; FY2027 2BR SAFMR is $1,250 versus ACS median gross rent of $1,033. 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 56601 is a Census / HUD profile for Hubbard 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 56601?

ZIP 56601 (Hubbard County, MN) has 34,700 residents, 14,070 households, a renter share of 33.1%, median household income of $69,782, and ACS 2023 median gross rent of $1,033. Vacancy is 12.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56601?

ACS counts 237 units in 2-unit buildings, 463 in 3–4 unit buildings, 272 in 5–9, 692 in 10–19, and 1,108 in 20–49. Combined 2–49 unit stock is 2,772 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56601?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,250. See the full schedule and 90–110% payment-standard band on the ZIP 56601 — Bemidji, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56601 is Census / HUD research for Hubbard 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.