Housing market/Minnesota/ZIP 56058

ACS 2023 · FY2027 SAFMR

ZIP 56058 Le Sueur, Sibley County, Minnesota

Sibley 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
6,080
Households
2,562
Median HH income
$82,500
Renter share
28.0%
Median gross rent
$881
Vacancy
7.1%
Pop. change
+6.1%
2BR SAFMR
$1,100
SAFMR / rent
1.249×
2–49 unit stock
602
LIHTC proj / units
1 / 39
HUD assisted MF
2 / 61

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 56058 · MN — sent to you.

ZIP 56058 · MN

ACS median rent$881
2BR SAFMR$1,100
90% floor$990
110% ceiling$1,210

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

Housing stock

ACS 2023 units-in-structure · ZCTA 56058

  • 1-unit detached1,99672.3%
  • 1-unit attached973.5%
  • 2–4 units1033.7%
  • 5–49 units49918.1%
  • 50+ units140.5%
  • Mobile501.8%
TypeUnitsShare
1-unit detached1,99672.3%
1-unit attached973.5%
2 units (duplex)903.3%
3–4 units130.5%
5–9 units1124.1%
10–19 units1104.0%
20–49 units27710.0%
50+ units140.5%
Mobile501.8%

2–4 unit share 3.7% · 5–49 unit share 18.1% · combined 2–49 21.8%.

Units by bedrooms

Studio
109
1BR
259
2BR
466
3BR
1,145
4BR
649
5+
131

Rent burden

Rent ≥30% of income68.1%
Rent ≥50% of income38.9%
  • ACS median gross rent $881 (all bedrooms, occupied rentals).
  • Median contract rent $824.
  • Renters paying ≥30% of income 68.1%; ≥50% 38.9%.
  • FY2027 2BR SAFMR $1,100 (1.249× ACS median gross rent).

Population

6,080 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.1%.

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

Assisted inventory

  • LIHTC: 1 projects, 39 units.
  • HUD project-based assisted MF: 2 properties, 61 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 1 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 56058 28.0% of occupied households are renters; vacancy is 7.1%; ACS median gross rent is $881; population increased +6.1% between the 2018 and 2023 ACS vintages; the housing stock includes 103 units in 2–4-unit structures and 499 units in 5–49-unit structures; 1 LIHTC projects totaling 39 units; FY2027 2BR SAFMR is $1,100 versus ACS median gross rent of $881. 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 56058 is a Census / HUD profile for Sibley 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 56058?

ZIP 56058 (Sibley County, MN) has 6,080 residents, 2,562 households, a renter share of 28.0%, median household income of $82,500, and ACS 2023 median gross rent of $881. Vacancy is 7.1%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56058?

ACS counts 90 units in 2-unit buildings, 13 in 3–4 unit buildings, 112 in 5–9, 110 in 10–19, and 277 in 20–49. Combined 2–49 unit stock is 602 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56058?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,100. See the full schedule and 90–110% payment-standard band on the ZIP 56058 — Le Sueur, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56058 is Census / HUD research for Sibley 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.