BAXTER, MN
CitySAFMR
Cass County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$900$990
1 BR$1,000$970
2 BR$1,310$1,250
3 BR$1,570$1,460
4 BR$1,840$1,570
5 BR$2,116
6 BR$2,433
7 BR$2,798
8 BR$3,218

Purchase Price Calculator

Maximum purchase price
$123,833

Cost breakdown

+Likely effective rent$1,250
HUD FMR$1,310
Market rentUsed$1,250
Est. payment standard (97%)$1,270
Market rent is below the inferred standard ($1,270, 97% of FMR).
-Principal and interest-$626
Loan amount$99,066
Down payment$24,767
Rate6.50%
Term30 years
-Operating costs-$424
Property taxes-$124
Insurance-$175
Utilities$0
HOA$0
Management-$125
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$20,271(81.8% ROI)
Projected value
$133,355
Current value$123,833
Return breakdown
Property appreciation+$9,522
Loan principal paid down+$3,549
Rental cash flow+$7,200
5-year hold
+$34,602(139.7% ROI)
Projected value
$140,106
Current value$123,833
Return breakdown
Property appreciation+$16,273
Loan principal paid down+$6,329
Rental cash flow+$12,000
10-year hold
+$73,765(297.8% ROI)
Projected value
$158,517
Current value$123,833
Return breakdown
Property appreciation+$34,684
Loan principal paid down+$15,082
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 56425
0.80ratio
FMR$900
Market$1,120
vs market-$220

FMR is below market; voucher rent may lag private rents.

90% standard$810 / 0.72 ratio110% standard$990 / 0.88 ratio
0.80
1 BR
1 BR- 56425
1.03ratio
FMR$1,000
Market$970
vs market+$30

FMR is near market; voucher and private rents are aligned.

90% standard$900 / 0.93 ratio110% standard$1,100 / 1.13 ratio
1.03
2 BR
2 BR- 56425
1.05ratio
FMR$1,310
Market$1,250
vs market+$60

FMR is near market; voucher and private rents are aligned.

90% standard$1,179 / 0.94 ratio110% standard$1,441 / 1.15 ratio
1.05
3 BR
3 BR- 56425
1.08ratio
FMR$1,570
Market$1,460
vs market+$110

FMR is near market; voucher and private rents are aligned.

90% standard$1,413 / 0.97 ratio110% standard$1,727 / 1.18 ratio
1.08
4 BR
4 BR- 56425
1.17ratio
FMR$1,840
Market$1,570
vs market+$270

FMR is above market; underwrite to market rent.

90% standard$1,656 / 1.05 ratio110% standard$2,024 / 1.29 ratio
1.17
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for BAXTER, MN (MN) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

BAXTER, MN fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for BAXTER, MN shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,310 and the 4 bedroom fair market rent is $1,840.

Use this page for searches like BAXTER, MN FMR, BAXTER, MN fair market rent, and BAXTER, MN Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for BAXTER, MN
Bedroom sizeHUD FMR
Studio$900
1 bedroom$1,000
2 bedroom$1,310
3 bedroom$1,570
4 bedroom$1,840