For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Saint Paul Park, MN is $2,450 a month. That is up 5.2% from $2,330 in FY 2026. Saint Paul Park 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 Saint Paul Park is 134% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Saint Paul Park, MN
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,690
$1,790
+5.9%
$1,611–$1,969
1BR
$1,920
$2,020
+5.2%
$1,818–$2,222
2BR
$2,330
$2,450
+5.2%
$2,205–$2,695
3BR
$3,080
$3,200
+3.9%
$2,880–$3,520
4BR
$3,450
$3,590
+4.1%
$3,231–$3,949
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Saint Paul Park, MN
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,790
$2,020
$2,450
$3,200
$3,590
FY 2026
$1,690
$1,920
$2,330
$3,080
$3,450
FY 2025
$1,590
$1,800
$2,200
$2,930
$3,280
FY 2024
$1,380
$1,560
$1,910
$2,580
$2,920
FY 2023
$990
$1,130
$1,390
$1,890
$2,180
Questions about Saint Paul Park, MN rents
How much will Section 8 pay for a two-bedroom in Saint Paul Park, 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 $2,450 it would be $2,205 to $2,695. 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 Saint Paul Park, MN in?
Saint Paul Park, 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 Saint Paul Park, MN for FY 2027?
The two-bedroom FMR rose 5.2%, from $2,330 in FY 2026 to $2,450 in FY 2027. Since FY 2023 it has risen 76.3%.
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