Housing market/Minnesota/ZIP 56279

ACS 2023 · FY2027 SAFMR

ZIP 56279 Pennock, Kandiyohi County, Minnesota

Kandiyohi 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
1,122
Households
464
Median HH income
$78,750
Renter share
18.1%
Median gross rent
$1,115
Vacancy
13.8%
Pop. change
-16.9%
2BR SAFMR
$1,250
SAFMR / rent
1.121×
2–49 unit stock
20
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 56279 · MN — sent to you.

ZIP 56279 · MN

ACS median rent$1,115
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 56279

  • 1-unit detached49391.6%
  • 1-unit attached132.4%
  • 2–4 units112.0%
  • 5–49 units91.7%
  • Mobile122.2%
TypeUnitsShare
1-unit detached49391.6%
1-unit attached132.4%
2 units (duplex)40.7%
3–4 units71.3%
5–9 units91.7%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile122.2%

2–4 unit share 2.0% · 5–49 unit share 1.7% · combined 2–49 3.7%.

Units by bedrooms

Studio
0
1BR
4
2BR
86
3BR
280
4BR
130
5+
38

Rent burden

Rent ≥30% of income26.2%
Rent ≥50% of income20.2%
  • ACS median gross rent $1,115 (all bedrooms, occupied rentals).
  • Median contract rent $783.
  • Renters paying ≥30% of income 26.2%; ≥50% 20.2%.
  • FY2027 2BR SAFMR $1,250 (1.121× ACS median gross rent).

Population

1,122 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -16.9%.

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 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 56279 18.1% of occupied households are renters; vacancy is 13.8%; ACS median gross rent is $1,115; population changed -16.9% between the 2018 and 2023 ACS vintages; the housing stock includes 11 units in 2–4-unit structures and 9 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,250 versus ACS median gross rent of $1,115. 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 56279 is a Census / HUD profile for Kandiyohi 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 56279?

ZIP 56279 (Kandiyohi County, MN) has 1,122 residents, 464 households, a renter share of 18.1%, median household income of $78,750, and ACS 2023 median gross rent of $1,115. Vacancy is 13.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56279?

ACS counts 4 units in 2-unit buildings, 7 in 3–4 unit buildings, 9 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 20 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56279?

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 56279 — Pennock, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56279 is Census / HUD research for Kandiyohi 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.