MN/Hennepin County/MINNEAPOLIS
MINNEAPOLIS, MN
CitySAFMR
Hennepin County
Found 59 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$1,100 – $1,860▲$960 – $1,630
1 BR$1,250 – $2,100▲$1,050 – $2,020
2 BR$1,520 – $2,560▲$1,500 – $2,820
3 BR$2,020 – $3,390▲$1,480 – $3,730
4 BR$2,270 – $3,790▲$1,380 – $3,860
5 BR$3,013▲—
6 BR$3,465▲—
7 BR$3,985▲—
8 BR$4,582▲—

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Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 4 ZIPs
0.88-0.90ratio range
Median FMR$1,130
Median Market$1,275
vs market-$145

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

Studio- 6 ZIPs
0.90-0.94ratio range
Median FMR$1,290
Median Market$1,430
vs market-$140

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

6
Studio- 4 ZIPs
0.94-0.98ratio range
Median FMR$1,195
Median Market$1,250
vs market-$55

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

Studio- 10 ZIPs
0.99-1.02ratio range
Median FMR$1,350
Median Market$1,335
vs market+$15

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

10
Studio- 6 ZIPs
1.03-1.06ratio range
Median FMR$1,240
Median Market$1,200
vs market+$40

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

6
Studio- 8 ZIPs
1.06-1.10ratio range
Median FMR$1,500
Median Market$1,385
vs market+$115

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

8
Studio- 6 ZIPs
1.12-1.14ratio range
Median FMR$1,390
Median Market$1,225
vs market+$165

FMR is above market; underwrite to market rent.

6
Studio- 6 ZIPs
1.15-1.19ratio range
Median FMR$1,315
Median Market$1,130
vs market+$185

FMR is above market; underwrite to market rent.

6
Studio- 1 ZIP
1.23ratio
FMR$1,180
Market$960
vs market+$220

FMR is above market; underwrite to market rent.

Studio- 2 ZIPs
1.28ratio range
Median FMR$1,400
Median Market$1,095
vs market+$305

FMR is above market; underwrite to market rent.

Studio- 2 ZIPs
1.50-1.55ratio range
Median FMR$1,840
Median Market$1,205
vs market+$635

FMR is above market; underwrite to market rent.

0.88-1.55
1 BR
1 BR- 3 ZIPs
0.88-0.89ratio range
Median FMR$1,330
Median Market$1,490
vs market-$160

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

1 BR- 6 ZIPs
0.91-0.93ratio range
Median FMR$1,450
Median Market$1,560
vs market-$110

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

6
1 BR- 7 ZIPs
0.95-0.98ratio range
Median FMR$1,390
Median Market$1,460
vs market-$70

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

7
1 BR- 9 ZIPs
0.98-1.01ratio range
Median FMR$1,360
Median Market$1,370
vs market-$10

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

9
1 BR- 9 ZIPs
1.03-1.06ratio range
Median FMR$1,430
Median Market$1,370
vs market+$60

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

9
1 BR- 6 ZIPs
1.07-1.09ratio range
Median FMR$1,610
Median Market$1,490
vs market+$120

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

6
1 BR- 3 ZIPs
1.13-1.15ratio range
Median FMR$1,570
Median Market$1,370
vs market+$200

FMR is above market; underwrite to market rent.

1 BR- 6 ZIPs
1.16-1.20ratio range
Median FMR$1,350
Median Market$1,135
vs market+$215

FMR is above market; underwrite to market rent.

6
1 BR- 1 ZIP
1.22ratio
FMR$1,690
Market$1,390
vs market+$300

FMR is above market; underwrite to market rent.

1 BR- 1 ZIP
1.26ratio
FMR$1,690
Market$1,340
vs market+$350

FMR is above market; underwrite to market rent.

1 BR- 2 ZIPs
1.33ratio range
Median FMR$1,565
Median Market$1,175
vs market+$390

FMR is above market; underwrite to market rent.

1 BR- 2 ZIPs
1.43-1.94ratio range
Median FMR$2,075
Median Market$1,255
vs market+$820

FMR is above market; underwrite to market rent.

0.88-1.94
2 BR
2 BR- 1 ZIP
0.75ratio
FMR$1,540
Market$2,050
vs market-$510

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

2 BR- 3 ZIPs
0.79-0.81ratio range
Median FMR$1,630
Median Market$2,010
vs market-$380

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

2 BR- 2 ZIPs
0.82ratio range
Median FMR$1,685
Median Market$2,055
vs market-$370

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

2 BR- 2 ZIPs
0.87-0.88ratio range
Median FMR$1,655
Median Market$1,885
vs market-$230

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

2 BR- 10 ZIPs
0.91-0.93ratio range
Median FMR$1,695
Median Market$1,850
vs market-$155

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

10
2 BR- 10 ZIPs
0.94-0.97ratio range
Median FMR$1,740
Median Market$1,845
vs market-$105

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

10
2 BR- 7 ZIPs
0.99-1.02ratio range
Median FMR$1,770
Median Market$1,780
vs market-$10

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

7
2 BR- 4 ZIPs
1.02-1.05ratio range
Median FMR$1,970
Median Market$1,920
vs market+$50

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

2 BR- 4 ZIPs
1.07-1.10ratio range
Median FMR$2,020
Median Market$1,885
vs market+$135

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

2 BR- 3 ZIPs
1.10-1.13ratio range
Median FMR$2,240
Median Market$2,030
vs market+$210

FMR is above market; underwrite to market rent.

2 BR- 2 ZIPs
1.15-1.17ratio range
Median FMR$1,985
Median Market$1,710
vs market+$275

FMR is above market; underwrite to market rent.

2 BR- 2 ZIPs
1.21-1.22ratio range
Median FMR$2,310
Median Market$1,905
vs market+$405

FMR is above market; underwrite to market rent.

0.75-1.22
3 BR
3 BR- 1 ZIP
0.79ratio
FMR$3,390
Market$4,270
vs market-$880

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

3 BR- 1 ZIP
0.90ratio
FMR$2,060
Market$2,300
vs market-$240

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

3 BR- 6 ZIPs
0.90-0.94ratio range
Median FMR$2,175
Median Market$2,335
vs market-$160

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

6
3 BR- 4 ZIPs
0.95-0.97ratio range
Median FMR$2,100
Median Market$2,160
vs market-$60

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

3 BR- 8 ZIPs
0.98-1.02ratio range
Median FMR$2,295
Median Market$2,265
vs market+$30

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

8
3 BR- 9 ZIPs
1.02-1.05ratio range
Median FMR$2,340
Median Market$2,260
vs market+$80

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

9
3 BR- 5 ZIPs
1.06-1.09ratio range
Median FMR$2,460
Median Market$2,290
vs market+$170

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

5
3 BR- 8 ZIPs
1.11-1.15ratio range
Median FMR$2,675
Median Market$2,375
vs market+$300

FMR is above market; underwrite to market rent.

8
3 BR- 4 ZIPs
1.17-1.18ratio range
Median FMR$2,730
Median Market$2,315
vs market+$415

FMR is above market; underwrite to market rent.

3 BR- 4 ZIPs
1.22-1.24ratio range
Median FMR$2,555
Median Market$2,085
vs market+$470

FMR is above market; underwrite to market rent.

3 BR- 1 ZIP
1.28ratio
FMR$3,310
Market$2,590
vs market+$720

FMR is above market; underwrite to market rent.

3 BR- 3 ZIPs
1.31-1.34ratio range
Median FMR$2,980
Median Market$2,280
vs market+$700

FMR is above market; underwrite to market rent.

3 BR- 1 ZIP
1.52ratio
FMR$2,250
Market$1,480
vs market+$770

FMR is above market; underwrite to market rent.

0.79-1.52
4 BR
4 BR- 1 ZIP
0.80ratio
FMR$2,440
Market$3,040
vs market-$600

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

4 BR- 1 ZIP
0.82ratio
FMR$2,280
Market$2,770
vs market-$490

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

4 BR- 6 ZIPs
0.88-0.90ratio range
Median FMR$2,320
Median Market$2,595
vs market-$275

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

6
4 BR- 10 ZIPs
0.90-0.94ratio range
Median FMR$2,600
Median Market$2,880
vs market-$280

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

10
4 BR- 12 ZIPs
0.94-0.98ratio range
Median FMR$2,530
Median Market$2,650
vs market-$120

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

12
4 BR- 8 ZIPs
0.99-1.02ratio range
Median FMR$2,730
Median Market$2,740
vs market-$10

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

8
4 BR- 4 ZIPs
1.05-1.06ratio range
Median FMR$2,740
Median Market$2,600
vs market+$140

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

4 BR- 4 ZIPs
1.07-1.10ratio range
Median FMR$3,245
Median Market$2,990
vs market+$255

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

4 BR- 1 ZIP
1.14ratio
FMR$3,150
Market$2,760
vs market+$390

FMR is above market; underwrite to market rent.

4 BR- 4 ZIPs
1.15-1.19ratio range
Median FMR$3,050
Median Market$2,585
vs market+$465

FMR is above market; underwrite to market rent.

4 BR- 1 ZIP
1.22ratio
FMR$3,110
Market$2,540
vs market+$570

FMR is above market; underwrite to market rent.

4 BR- 3 ZIPs
1.45-1.95ratio range
Median FMR$3,700
Median Market$1,900
vs market+$1,800

FMR is above market; underwrite to market rent.

0.80-1.95
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 MINNEAPOLIS, 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
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MINNEAPOLIS, MN fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for MINNEAPOLIS, MN shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,770 and the 4 bedroom fair market rent is $2,620.

Use this page for searches like MINNEAPOLIS, MN FMR, MINNEAPOLIS, MN fair market rent, and MINNEAPOLIS, 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 MINNEAPOLIS, MN
Bedroom sizeHUD FMR
Studio$1,290
1 bedroom$1,450
2 bedroom$1,770
3 bedroom$2,340
4 bedroom$2,620
Hennepin County fair market rent55401 FMR55402 FMR55403 FMR55404 FMR55405 FMR55406 FMR55407 FMR55408 FMR