Skip to main content
Loading page

Rogers, MN

CitySAFMR
Wright County
Found 1 ZIP

City Median Investment Score

76Below average

095130300
BRFMR
Eff. Rent
0 BR$1,430$1,400
1 BR$1,610$1,640
2 BR$1,960$2,010
3 BR$2,560$2,390
4 BR$2,870$2,930
5 BR$3,300Not available
6 BR$3,796Not available
7 BR$4,365Not available
8 BR$5,020Not available

Purchase Price Calculator

Maximum purchase price
$236,769

Cost breakdown

+Likely effective rent$2,010
HUD FMR$1,960
Market rent$2,040
Est. payment standard (103%)Used$2,010
-Principal and interest-$1,197
Loan amount$189,415
Down payment$47,354
Rate6.50%
Term30 years
-Operating costs-$613
Property taxes-$237
Insurance-$175
Utilities$0
HOA$0
Management-$201
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$32,192(68.0% ROI)
Projected value
$254,974
Return breakdown
Property appreciation+$18,205
Loan principal paid down+$6,786
Rental cash flow+$7,200
5-year hold
+$55,215(116.6% ROI)
Projected value
$267,882
Return breakdown
Property appreciation+$31,113
Loan principal paid down+$12,102
Rental cash flow+$12,000
10-year hold
+$119,152(251.6% ROI)
Projected value
$303,084
Return breakdown
Property appreciation+$66,315
Loan principal paid down+$28,836
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
1.02
1 BR
0.97
2 BR
0.96
3 BR
1.07
4 BR
0.97
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Rogers, MN fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Rogers, MN is $1,960 a month. That is up 6.5% from $1,840 in FY 2026. Rogers is in the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area. 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 $1,734. The median county two-bedroom FMR in Minnesota is $1,048, so Rogers is 87% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Rogers, MN
BedroomsFY 2027Change90–110% range
Studio$1,430+6.7%$1,287–$1,573
1BR$1,610+6.6%$1,449–$1,771
2BR$1,960+6.5%$1,764–$2,156
3BR$2,560+4.9%$2,304–$2,816
4BR$2,870+5.5%$2,583–$3,157

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Rogers, MN
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,430$1,610$1,960$2,560$2,870
FY 2026$1,340$1,510$1,840$2,440$2,720
FY 2025$1,320$1,490$1,820$2,420$2,710
FY 2024$1,310$1,480$1,810$2,440$2,770
FY 2023$1,160$1,330$1,630$2,220$2,550

Questions about Rogers, MN rents

How much will Section 8 pay for a two-bedroom in Rogers, MN?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,734, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,561 to $1,907 a month; under the ZIP-level Small Area FMR of $1,960 it would be $1,764 to $2,156. 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 Rogers, MN in?

Rogers, MN is in the Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,734.

How much did fair market rent change in Rogers, MN for FY 2027?

The two-bedroom FMR rose 6.5%, from $1,840 in FY 2026 to $1,960 in FY 2027. Since FY 2023 it has risen 20.2%.

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