Housing market/Minnesota/ZIP 56232

ACS 2023 · FY2027 SAFMR

ZIP 56232 Dawson, Lac qui Parle County, Minnesota

Lac qui Parle 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
2,365
Households
915
Median HH income
$77,132
Renter share
14.6%
Median gross rent
$618
Vacancy
11.9%
Pop. change
-5.4%
2BR SAFMR
$1,010
SAFMR / rent
1.634×
2–49 unit stock
118
LIHTC proj / units
—
HUD assisted MF
1 / 24

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 56232 · MN — sent to you.

ZIP 56232 · MN

ACS median rent$618
2BR SAFMR$1,010
90% floor$909
110% ceiling$1,111

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

Housing stock

ACS 2023 units-in-structure · ZCTA 56232

  • 1-unit detached88084.7%
  • 1-unit attached242.3%
  • 2–4 units121.2%
  • 5–49 units10610.2%
  • Mobile171.6%
TypeUnitsShare
1-unit detached88084.7%
1-unit attached242.3%
2 units (duplex)90.9%
3–4 units30.3%
5–9 units80.8%
10–19 units696.6%
20–49 units292.8%
50+ units00.0%
Mobile171.6%

2–4 unit share 1.2% · 5–49 unit share 10.2% · combined 2–49 11.4%.

Units by bedrooms

Studio
27
1BR
57
2BR
239
3BR
401
4BR
228
5+
87

Rent burden

Rent ≥30% of income40.3%
Rent ≥50% of income23.1%
  • ACS median gross rent $618 (all bedrooms, occupied rentals).
  • Median contract rent $507.
  • Renters paying ≥30% of income 40.3%; ≥50% 23.1%.
  • FY2027 2BR SAFMR $1,010 (1.634× ACS median gross rent).

Population

2,365 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -5.4%.

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, 24 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 56232 14.6% of occupied households are renters; vacancy is 11.9%; ACS median gross rent is $618; population changed -5.4% between the 2018 and 2023 ACS vintages; the housing stock includes 12 units in 2–4-unit structures and 106 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,010 versus ACS median gross rent of $618. 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 56232 is a Census / HUD profile for Lac qui Parle 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 56232?

ZIP 56232 (Lac qui Parle County, MN) has 2,365 residents, 915 households, a renter share of 14.6%, median household income of $77,132, and ACS 2023 median gross rent of $618. Vacancy is 11.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56232?

ACS counts 9 units in 2-unit buildings, 3 in 3–4 unit buildings, 8 in 5–9, 69 in 10–19, and 29 in 20–49. Combined 2–49 unit stock is 118 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56232?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,010. See the full schedule and 90–110% payment-standard band on the ZIP 56232 — Dawson, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56232 is Census / HUD research for Lac qui Parle 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.