Housing market/Minnesota/ZIP 56316

ACS 2023 · FY2027 SAFMR

ZIP 56316 Brooten, Pope County, Minnesota

Pope 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
1,521
Households
616
Median HH income
$71,071
Renter share
16.4%
Median gross rent
$925
Vacancy
14.6%
Pop. change
+3.8%
2BR SAFMR
$1,250
SAFMR / rent
1.351×
2–49 unit stock
45
LIHTC proj / units
1 / 24
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 56316 · MN — sent to you.

ZIP 56316 · MN

ACS median rent$925
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 56316

  • 1-unit detached65290.4%
  • 2–4 units141.9%
  • 5–49 units314.3%
  • 50+ units20.3%
  • Mobile223.1%
TypeUnitsShare
1-unit detached65290.4%
1-unit attached00.0%
2 units (duplex)60.8%
3–4 units81.1%
5–9 units253.5%
10–19 units60.8%
20–49 units00.0%
50+ units20.3%
Mobile223.1%

2–4 unit share 1.9% · 5–49 unit share 4.3% · combined 2–49 6.2%.

Units by bedrooms

Studio
6
1BR
64
2BR
210
3BR
255
4BR
139
5+
47

Rent burden

Rent ≥30% of income30.7%
Rent ≥50% of income17.8%
  • ACS median gross rent $925 (all bedrooms, occupied rentals).
  • Median contract rent $548.
  • Renters paying ≥30% of income 30.7%; ≥50% 17.8%.
  • FY2027 2BR SAFMR $1,250 (1.351× ACS median gross rent).

Population

1,521 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +3.8%.

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

Assisted inventory

  • LIHTC: 1 projects, 24 units.
  • 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 163 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 56316 16.4% of occupied households are renters; vacancy is 14.6%; ACS median gross rent is $925; population increased +3.8% between the 2018 and 2023 ACS vintages; the housing stock includes 14 units in 2–4-unit structures and 31 units in 5–49-unit structures; 1 LIHTC projects totaling 24 units; FY2027 2BR SAFMR is $1,250 versus ACS median gross rent of $925. 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 56316 is a Census / HUD profile for Pope 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 56316?

ZIP 56316 (Pope County, MN) has 1,521 residents, 616 households, a renter share of 16.4%, median household income of $71,071, and ACS 2023 median gross rent of $925. Vacancy is 14.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56316?

ACS counts 6 units in 2-unit buildings, 8 in 3–4 unit buildings, 25 in 5–9, 6 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 45 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56316?

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 56316 — Brooten, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56316 is Census / HUD research for Pope 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.