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Dakota County, MN
CountySAFMR
Found 27 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$1,100 – $1,580—$1,020 – $1,370
1 BR$1,250 – $1,790—$1,090 – $1,490
2 BR$1,520 – $2,180▼$1,440 – $1,860
3 BR$2,020 – $2,890▼$1,820 – $2,350
4 BR$2,270 – $3,230▼$2,080 – $2,820
5 BR$2,910▼—
6 BR$3,346▼—
7 BR$3,848▼—
8 BR$4,425▼—

Market Alignment

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

Studio
Studio· 1 ZIP
0.73ratio
FMR$1,240
Market$1,690
vs market-$450

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

Studio· 1 ZIP
0.80ratio
FMR$1,240
Market$1,550
vs market-$310

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

Studio· 1 ZIP
0.85ratio
FMR$1,100
Market$1,290
vs market-$190

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

Studio· 1 ZIP
0.87ratio
FMR$1,450
Market$1,660
vs market-$210

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

Studio· 1 ZIP
0.93ratio
FMR$1,100
Market$1,180
vs market-$80

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

Studio· 4 ZIPs
0.95–0.97ratio range
Median FMR$1,345
Median Market$1,400
vs market-$55

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

4
Studio· 6 ZIPs
0.98–1.02ratio range
Median FMR$1,205
Median Market$1,200
vs market+$5

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

6
Studio· 1 ZIP
1.03ratio
FMR$1,320
Market$1,280
vs market+$40

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

Studio· 3 ZIPs
1.08–1.10ratio range
Median FMR$1,400
Median Market$1,300
vs market+$100

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

3
Studio· 1 ZIP
1.16ratio
FMR$1,180
Market$1,020
vs market+$160

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

0.73–1.16
1 BR
1 BR· 1 ZIP
0.81ratio
FMR$1,250
Market$1,550
vs market-$300

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

1 BR· 2 ZIPs
0.87–0.89ratio range
Median FMR$1,290
Median Market$1,465
vs market-$175

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

1 BR· 5 ZIPs
0.95–0.97ratio range
Median FMR$1,410
Median Market$1,490
vs market-$80

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

5
1 BR· 2 ZIPs
1.01–1.02ratio range
Median FMR$1,410
Median Market$1,395
vs market+$15

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

1 BR· 2 ZIPs
1.02–1.04ratio range
Median FMR$1,600
Median Market$1,550
vs market+$50

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

1 BR· 3 ZIPs
1.07–1.08ratio range
Median FMR$1,500
Median Market$1,390
vs market+$110

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

3
1 BR· 1 ZIP
1.15ratio
FMR$1,250
Market$1,090
vs market+$160

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

1 BR· 4 ZIPs
1.16–1.19ratio range
Median FMR$1,630
Median Market$1,395
vs market+$235

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

4
0.81–1.19
2 BR
2 BR· 2 ZIPs
0.79–0.81ratio range
Median FMR$1,520
Median Market$1,900
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
0.83ratio range
Median FMR$1,535
Median Market$1,845
vs market-$310

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

2 BR· 1 ZIP
0.86ratio
FMR$1,760
Market$2,050
vs market-$290

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

2 BR· 5 ZIPs
0.90–0.92ratio range
Median FMR$1,710
Median Market$1,880
vs market-$170

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

5
2 BR· 5 ZIPs
0.95–0.96ratio range
Median FMR$1,820
Median Market$1,900
vs market-$80

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

5
2 BR· 2 ZIPs
1.04–1.06ratio range
Median FMR$1,780
Median Market$1,700
vs market+$80

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

2 BR· 3 ZIPs
1.07–1.10ratio range
Median FMR$1,990
Median Market$1,850
vs market+$140

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

3
0.79–1.10
3 BR
3 BR· 1 ZIP
0.87ratio
FMR$2,020
Market$2,320
vs market-$300

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$2,020
Market$2,240
vs market-$220

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

3 BR· 2 ZIPs
0.96ratio range
Median FMR$2,295
Median Market$2,385
vs market-$90

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

3 BR· 5 ZIPs
0.99–1.00ratio range
Median FMR$2,250
Median Market$2,270
vs market-$20

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

5
3 BR· 3 ZIPs
1.03–1.04ratio range
Median FMR$2,210
Median Market$2,140
vs market+$70

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

3
3 BR· 1 ZIP
1.06ratio
FMR$2,140
Market$2,010
vs market+$130

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

3 BR· 3 ZIPs
1.10–1.13ratio range
Median FMR$2,410
Median Market$2,190
vs market+$220

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

3
3 BR· 3 ZIPs
1.17–1.18ratio range
Median FMR$2,630
Median Market$2,250
vs market+$380

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

3
3 BR· 1 ZIP
1.22ratio
FMR$2,890
Market$2,360
vs market+$530

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

0.87–1.22
4 BR
4 BR· 2 ZIPs
0.78–0.80ratio range
Median FMR$2,270
Median Market$2,865
vs market-$595

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

2
4 BR· 2 ZIPs
0.88–0.89ratio range
Median FMR$2,495
Median Market$2,820
vs market-$325

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

2
4 BR· 2 ZIPs
0.93ratio range
Median FMR$2,455
Median Market$2,645
vs market-$190

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

2
4 BR· 2 ZIPs
0.96–0.97ratio range
Median FMR$2,525
Median Market$2,625
vs market-$100

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

2
4 BR· 3 ZIPs
0.99–1.01ratio range
Median FMR$2,680
Median Market$2,650
vs market+$30

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

3
4 BR· 4 ZIPs
1.03–1.05ratio range
Median FMR$2,755
Median Market$2,650
vs market+$105

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

4
4 BR· 3 ZIPs
1.06–1.09ratio range
Median FMR$2,270
Median Market$2,140
vs market+$130

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

3
4 BR· 2 ZIPs
1.14–1.15ratio range
Median FMR$3,125
Median Market$2,735
vs market+$390

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

2
0.78–1.15
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 Dakota County, 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 geos
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