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 – $1,990
2 BR$1,520 – $2,560▲$1,500 – $2,560
3 BR$2,020 – $3,390▲$1,480 – $3,390
4 BR$2,270 – $3,790▲$1,380 – $3,790
5 BR$3,013▲—
6 BR$3,465▲—
7 BR$3,985▲—
8 BR$4,582▲—

Market Alignment

How HUD fair market rents align with the state of the rental market.

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

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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 falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

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

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

0.80–1.95
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

ZIP Codes

Ranked by Investment Score (vs area median)

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
55401554025540355404554055540655407554085540955410