Housing market/Minnesota/ZIP 55798
ZIP 55798 Wright, Aitkin County, Minnesota
Aitkin County, MN · Minnesota. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
Email this profile
HUD schedule, ACS stock, and the 90–110% band for ZIP 55798 · MN — sent to you.
ZIP 55798 · MN
ACS rent vs 2BR SAFMR
ZIP 55798 — Wright, 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 55798
- 1-unit detached38085.0%
- 1-unit attached30.7%
- 2–4 units102.2%
- 5–49 units40.9%
- Mobile5011.2%
2–4 unit share 2.2% · 5–49 unit share 0.9% · combined 2–49 3.1%.
Units by bedrooms
Rent burden
- ACS median gross rent $645 (all bedrooms, occupied rentals).
- Median contract rent $485.
- Renters paying ≥30% of income 41.4%; ≥50% 41.4%.
- FY2027 2BR SAFMR $1,110 (1.721× ACS median gross rent).
Population
611 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -3.5%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: not published for this ZIP.
- 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 71 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 55798 12.3% of occupied households are renters; vacancy is 47.2%; ACS median gross rent is $645; population changed -3.5% between the 2018 and 2023 ACS vintages; the housing stock includes 10 units in 2–4-unit structures and 4 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,110 versus ACS median gross rent of $645. 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 55798 is a Census / HUD profile for Aitkin County, MN. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 55798 — Wright, 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 55798?
ZIP 55798 (Aitkin County, MN) has 611 residents, 236 households, a renter share of 12.3%, median household income of $78,929, and ACS 2023 median gross rent of $645. Vacancy is 47.2%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 55798?
ACS counts 0 units in 2-unit buildings, 10 in 3–4 unit buildings, 4 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 14 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 55798?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,110. See the full schedule and 90–110% payment-standard band on the ZIP 55798 — Wright, MN HUD Section 8 Payment Standards / SAFMR.
Does this Minnesota ZIP profile include Georgia listings?
No. ZIP 55798 is Census / HUD research for Aitkin 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.