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Isanti County/Bethel/55005

55005

ZIPSAFMR
Isanti County, MN
Zillow

ZIP Investment Score

94Below average

095130300
BRFMR
Eff. Rent
0 BR$1,530$1,530
1 BR$1,730$1,730
2 BR$2,100$2,100
3 BR$2,740$2,740
4 BR$3,070$3,070
5 BR$3,530Not available
6 BR$4,060Not available
7 BR$4,669Not available
8 BR$5,369Not available

Purchase Price Calculator

Maximum purchase price
$250,143

Cost breakdown

+Likely effective rent$2,100
HUD FMRUsed$2,100
Market rentN/A
Est. payment standardN/A
-Principal and interest-$1,265
Loan amount$200,114
Down payment$50,029
Rate6.50%
Term30 years
-Operating costs-$635
Property taxes-$250
Insurance-$175
Utilities$0
HOA$0
Management-$210
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$33,603(67.2% ROI)
Projected value
$269,376
Return breakdown
Property appreciation+$19,234
Loan principal paid down+$7,170
Rental cash flow+$7,200
5-year hold
+$57,656(115.2% ROI)
Projected value
$283,013
Return breakdown
Property appreciation+$32,871
Loan principal paid down+$12,785
Rental cash flow+$12,000
10-year hold
+$124,526(248.9% ROI)
Projected value
$320,204
Return breakdown
Property appreciation+$70,061
Loan principal paid down+$30,465
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Not enough rental comps in this area to determine how FMR aligns with current market rates.

Historical
FY 2023-2027
FMR
FY2027
Property value
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Tax rate
--
Mortgage rate
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ZIP 55005 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 55005 (Bethel, MN) is $2,100 a month. That is down 0.9% from $2,120 in FY 2026. Bethel 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. Among 15 ZIP codes in Isanti County, 55005 has the 2nd-highest two-bedroom rent (county range $1,540–$2,230). The median county two-bedroom FMR in Minnesota is $1,048, so ZIP 55005 is 100% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 55005
BedroomsFY 2027Change90–110% range
Studio$1,530−0.6%$1,377–$1,683
1BR$1,730−0.6%$1,557–$1,903
2BR$2,100−0.9%$1,890–$2,310
3BR$2,740−2.5%$2,466–$3,014
4BR$3,070−2.2%$2,763–$3,377

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 55005
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,530$1,730$2,100$2,740$3,070
FY 2026$1,540$1,740$2,120$2,810$3,140
FY 2025$1,400$1,590$1,940$2,580$2,890
FY 2024$1,250$1,420$1,730$2,330$2,640
FY 2023$970$1,120$1,380$1,910$2,230

Two-bedroom rent in nearby Isanti County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 55005
55005Current$2,100—
55006$1,540−26.7%
55008$1,590−24.3%
55017$2,230+6.2%
55029$1,590−24.3%
55032$1,620−22.9%
55040$1,540−26.7%
55056$1,540−26.7%
55070$1,540−26.7%
55079$1,890−10.0%
55080$1,540−26.7%
55371$1,540−26.7%

Questions about ZIP 55005 rents

How much will Section 8 pay for a two-bedroom in ZIP 55005?

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 $2,100 it would be $1,890 to $2,310. 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 ZIP 55005 in?

ZIP 55005 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 ZIP 55005 for FY 2027?

The two-bedroom FMR fell 0.9%, from $2,120 in FY 2026 to $2,100 in FY 2027. Since FY 2023 it has risen 52.2%.

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

County fair market rentBethel, MN fair market rentMN statewide rentsWhat is SAFMR?Data sources