Not enough rental comps in this area to determine how FMR aligns with current market rates.
Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
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Mortgage rate
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Cold Spring, MN fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cold Spring, MN is $1,530 a month. That is up 12.5% from $1,360 in FY 2026. Cold Spring is in the St. Cloud, MN MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,233. The median county two-bedroom FMR in Minnesota is $1,048, so Cold Spring is 46% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cold Spring, MN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$990
$1,100
+11.1%
$990–$1,210
1BR
$1,040
$1,190
+14.4%
$1,071–$1,309
2BR
$1,360
$1,530
+12.5%
$1,377–$1,683
3BR
$1,810
$2,060
+13.8%
$1,854–$2,266
4BR
$2,110
$2,430
+15.2%
$2,187–$2,673
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cold Spring, MN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,100
$1,190
$1,530
$2,060
$2,430
FY 2026
$990
$1,040
$1,360
$1,810
$2,110
FY 2025
$930
$960
$1,250
$1,640
$1,950
FY 2024
$960
$990
$1,260
$1,670
$1,990
FY 2023
$840
$870
$1,080
$1,450
$1,720
Questions about Cold Spring, MN rents
How much will Section 8 pay for a two-bedroom in Cold Spring, MN?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,233, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,110 to $1,356 a month; under the ZIP-level Small Area FMR of $1,530 it would be $1,377 to $1,683. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Cold Spring, MN in?
Cold Spring, MN is in the St. Cloud, MN MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,233.
How much did fair market rent change in Cold Spring, MN for FY 2027?
The two-bedroom FMR rose 12.5%, from $1,360 in FY 2026 to $1,530 in FY 2027. Since FY 2023 it has risen 41.7%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set