Minnesota

Lyon County

ZIP 56229

25,498 residents27 permits TTM$72,761 median HHI9 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$193,100

ACS 5-Year

Cap rate proxy

4.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

12.2%

HUD FMR ÷ ACS HHI

Net migration

+0.56%

IRS SOI

Permits (TTM)

27

Census BPS

Climate risk

43.5

FEMA NRI (0–100)

ZIP 56229

Median home value

Gross yield

Cap rate

3.7%

Rent gap

Affordability

P/I: 3.3R/I:

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown9 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
561755.7%
562644.7%
561694.6%
562394.6%
561574.6%

Ranked by composite score

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Demographics

Owner-occupied

70.5%

Census ACS

Vacancy rate

11.1%

Census ACS

Bachelor's degree +

28.6%

Census ACS

Rent burdened

40.5%

Census ACS (>30% income)

Median age

37.3

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026