Location: Brown County, MN | Metro: Brown County, MN
| Unit Size | Monthly FMR |
|---|---|
| Studio | $790 |
| 1 Bedroom | $850 |
| 2 Bedrooms | $1,110 |
| 3 Bedrooms | $1,350 |
| 4 Bedrooms | $1,760 |
| 5 Bedrooms | $2,042 |
| 6 Bedrooms | $2,287 |
| 7 Bedrooms | $2,470 |
| 8 Bedrooms | $2,594 |
U.S. Census Bureau data (2024)
The analysis of ZIP code 56030 in the Brown County, MN metro area reveals several key points regarding its viability for Section 8 landlords and small-portfolio investors.
The first question addresses whether the rent math works. The Fair Market Rent (FMR) for the metro area in fiscal year 2026 is set at $1,030. However, the lack of available market rent data for ZIP 56030 makes it difficult to directly compare these figures. Given the absence of market rent data, landlords should rely on the FMR to ensure their rental properties meet the necessary standards for participation in the Section 8 program.
Regarding the affordability of acquisition, the median home value is not available, nor are the days on market (DOM) and percentage of price cut shares. This scarcity of information suggests that making informed decisions about property purchases in this ZIP code will require additional research into local real estate trends. Landlords should seek out detailed market reports and consult with local realtors to understand the true cost and potential for acquiring properties.
The third question pertains to tenant demand. With a population of 30 and a 0.0% renter share, it is evident that the demand for rental housing in ZIP 56030 is extremely low. This statistic indicates that finding tenants willing to participate in the Section 8 program could be challenging, especially given the limited number of potential renters in such a small community.
Verdict: The viability of ZIP 56030 for Section 8 landlords and small-portfolio investors is questionable due to the low tenant demand and lack of comprehensive data on median home values, days on market, and price cut shares. While the Fair Market Rent provides a benchmark for rental pricing, the scarcity of market rent data and the minuscule renter share suggest that this area may not be an optimal choice for investment. Landlords considering this ZIP code should proceed with caution and conduct thorough due diligence to assess the local real estate market and potential for securing long-term, stable tenancy.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.