Housing market/Minnesota/ZIP 56178

ACS 2023 · FY2027 SAFMR

ZIP 56178 Tyler, Lyon County, Minnesota

Lyon 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
1,669
Households
648
Median HH income
$81,667
Renter share
20.1%
Median gross rent
$771
Vacancy
15.4%
Pop. change
-12.7%
2BR SAFMR
$1,080
SAFMR / rent
1.401×
2–49 unit stock
50
LIHTC proj / units
—
HUD assisted MF
1 / 16

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 56178 · MN — sent to you.

ZIP 56178 · MN

ACS median rent$771
2BR SAFMR$1,080
90% floor$972
110% ceiling$1,188

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

Housing stock

ACS 2023 units-in-structure · ZCTA 56178

  • 1-unit detached70692.2%
  • 1-unit attached50.7%
  • 2–4 units263.4%
  • 5–49 units243.1%
  • Mobile50.7%
TypeUnitsShare
1-unit detached70692.2%
1-unit attached50.7%
2 units (duplex)101.3%
3–4 units162.1%
5–9 units162.1%
10–19 units60.8%
20–49 units20.3%
50+ units00.0%
Mobile50.7%

2–4 unit share 3.4% · 5–49 unit share 3.1% · combined 2–49 6.5%.

Units by bedrooms

Studio
0
1BR
29
2BR
185
3BR
254
4BR
215
5+
83

Rent burden

Rent ≥30% of income34.6%
Rent ≥50% of income14.6%
  • ACS median gross rent $771 (all bedrooms, occupied rentals).
  • Median contract rent $556.
  • Renters paying ≥30% of income 34.6%; ≥50% 14.6%.
  • FY2027 2BR SAFMR $1,080 (1.401× ACS median gross rent).

Population

1,669 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -12.7%.

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: 1 properties, 16 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 0 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 56178 20.1% of occupied households are renters; vacancy is 15.4%; ACS median gross rent is $771; population changed -12.7% between the 2018 and 2023 ACS vintages; the housing stock includes 26 units in 2–4-unit structures and 24 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,080 versus ACS median gross rent of $771. 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 56178 is a Census / HUD profile for Lyon 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 56178?

ZIP 56178 (Lyon County, MN) has 1,669 residents, 648 households, a renter share of 20.1%, median household income of $81,667, and ACS 2023 median gross rent of $771. Vacancy is 15.4%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56178?

ACS counts 10 units in 2-unit buildings, 16 in 3–4 unit buildings, 16 in 5–9, 6 in 10–19, and 2 in 20–49. Combined 2–49 unit stock is 50 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56178?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,080. See the full schedule and 90–110% payment-standard band on the ZIP 56178 — Tyler, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56178 is Census / HUD research for Lyon 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.