Housing market/Minnesota/ZIP 56442

ACS 2023 · FY2027 SAFMR

ZIP 56442 Crosslake, Crow Wing County, Minnesota

Crow Wing 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
2,895
Households
1,400
Median HH income
$85,179
Renter share
13.6%
Median gross rent
$1,071
Vacancy
59.0%
Pop. change
+28.0%
2BR SAFMR
$1,110
SAFMR / rent
1.036×
2–49 unit stock
191
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 56442 · MN — sent to you.

ZIP 56442 · MN

ACS median rent$1,071
2BR SAFMR$1,110
90% floor$999
110% ceiling$1,221

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

Housing stock

ACS 2023 units-in-structure · ZCTA 56442

  • 1-unit detached2,96686.9%
  • 1-unit attached882.6%
  • 2–4 units912.7%
  • 5–49 units1002.9%
  • 50+ units110.3%
  • Mobile1594.7%
TypeUnitsShare
1-unit detached2,96686.9%
1-unit attached882.6%
2 units (duplex)190.6%
3–4 units722.1%
5–9 units00.0%
10–19 units371.1%
20–49 units631.8%
50+ units110.3%
Mobile1594.7%

2–4 unit share 2.7% · 5–49 unit share 2.9% · combined 2–49 5.6%.

Units by bedrooms

Studio
51
1BR
223
2BR
749
3BR
1,192
4BR
836
5+
364

Rent burden

Rent ≥30% of income39.5%
Rent ≥50% of income10.5%
  • ACS median gross rent $1,071 (all bedrooms, occupied rentals).
  • Median contract rent $975.
  • Renters paying ≥30% of income 39.5%; ≥50% 10.5%.
  • FY2027 2BR SAFMR $1,110 (1.036× ACS median gross rent).

Population

2,895 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +28.0%.

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 168 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 56442 13.6% of occupied households are renters; vacancy is 59.0%; ACS median gross rent is $1,071; population increased +28.0% between the 2018 and 2023 ACS vintages; the housing stock includes 91 units in 2–4-unit structures and 100 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,110 versus ACS median gross rent of $1,071. 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 56442 is a Census / HUD profile for Crow Wing 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 56442?

ZIP 56442 (Crow Wing County, MN) has 2,895 residents, 1,400 households, a renter share of 13.6%, median household income of $85,179, and ACS 2023 median gross rent of $1,071. Vacancy is 59.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 56442?

ACS counts 19 units in 2-unit buildings, 72 in 3–4 unit buildings, 0 in 5–9, 37 in 10–19, and 63 in 20–49. Combined 2–49 unit stock is 191 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 56442?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,110. See the full schedule and 90–110% payment-standard band on the ZIP 56442 — Crosslake, MN HUD Section 8 Payment Standards / SAFMR.

Does this Minnesota ZIP profile include Georgia listings?

No. ZIP 56442 is Census / HUD research for Crow Wing 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.