MN/Hennepin County/HOPKINS
HOPKINS, MN
CitySAFMR
Hennepin County
Found 2 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$1,310 – $1,540▲$1,310 – $1,350
1 BR$1,480 – $1,740▲$1,490 – $1,530
2 BR$1,800 – $2,120▲$1,870 – $2,180
3 BR$2,380 – $2,810▲$2,390 – $2,430
4 BR$2,670 – $3,140▲$2,920 – $3,040
5 BR$3,341▲—
6 BR$3,842▲—
7 BR$4,418▲—
8 BR$5,081▲—

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Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 1 ZIP
1.00ratio
FMR$1,310
Market$1,310
vs market+$0

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

1
Studio- 1 ZIP
1.14ratio
FMR$1,540
Market$1,350
vs market+$190

FMR is above market; underwrite to market rent.

1
1.00-1.14
1 BR
1 BR- 1 ZIP
0.99ratio
FMR$1,480
Market$1,490
vs market-$10

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

1
1 BR- 1 ZIP
1.14ratio
FMR$1,740
Market$1,530
vs market+$210

FMR is above market; underwrite to market rent.

1
0.99-1.14
2 BR
2 BR- 2 ZIPs
0.94-0.96ratio range
Median FMR$1,960
Median Market$2,060
vs market-$100

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

2
0.94-0.96
3 BR
3 BR- 1 ZIP
0.97ratio
FMR$2,380
Market$2,460
vs market-$80

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

1
3 BR- 1 ZIP
1.18ratio
FMR$2,810
Market$2,390
vs market+$420

FMR is above market; underwrite to market rent.

1
0.97-1.18
4 BR
4 BR- 1 ZIP
0.87ratio
FMR$2,670
Market$3,060
vs market-$390

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

1
4 BR- 1 ZIP
1.03ratio
FMR$3,140
Market$3,040
vs market+$100

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

1
0.87-1.03
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 HOPKINS, 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.

What is FMR?What is SAFMR?Data sourcesIncomplete geosView county page
Related ZIPs
5530555343

HOPKINS, MN fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for HOPKINS, MN shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,960 and the 4 bedroom fair market rent is $2,905.

Use this page for searches like HOPKINS, MN FMR, HOPKINS, MN fair market rent, and HOPKINS, 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 HOPKINS, MN
Bedroom sizeHUD FMR
Studio$1,425
1 bedroom$1,610
2 bedroom$1,960
3 bedroom$2,595
4 bedroom$2,905
Hennepin County fair market rent55305 FMR55343 FMR