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Washington County/Willernie/55090

55090

ZIPSAFMR
Washington County, MN
Zillow

ZIP Investment Score

106Above average

095130300
BRFMR
Eff. Rent
0 BR$1,510$1,210
1 BR$1,700$1,350
2 BR$2,070$1,780
3 BR$2,700$2,390
4 BR$3,030$2,970
5 BR$3,484Not available
6 BR$4,007Not available
7 BR$4,608Not available
8 BR$5,299Not available

Purchase Price Calculator

Maximum purchase price
$202,591

Cost breakdown

+Likely effective rent$1,780
HUD FMR$2,070
Market rentUsed$1,780
Est. payment standard (91%)$1,880
-Principal and interest-$1,024
Loan amount$162,073
Down payment$40,518
Rate6.50%
Term30 years
-Operating costs-$556
Property taxes-$203
Insurance-$175
Utilities$0
HOA$0
Management-$178
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$28,584(70.5% ROI)
Projected value
$218,168
Return breakdown
Property appreciation+$15,577
Loan principal paid down+$5,807
Rental cash flow+$7,200
5-year hold
+$48,977(120.9% ROI)
Projected value
$229,213
Return breakdown
Property appreciation+$26,622
Loan principal paid down+$10,355
Rental cash flow+$12,000
10-year hold
+$105,416(260.2% ROI)
Projected value
$259,333
Return breakdown
Property appreciation+$56,743
Loan principal paid down+$24,674
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
1.25
1 BR
1.26
2 BR
1.16
3 BR
1.13
4 BR
1.02
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

ZIP 55090 fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in ZIP 55090 (Willernie, MN) is $2,070 a month. That is down 3.7% from $2,150 in FY 2026. Willernie 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 23 ZIP codes in Washington County, 55090 is tied for the 7th-highest two-bedroom rent (county range $1,540–$2,600). The median county two-bedroom FMR in Minnesota is $1,048, so ZIP 55090 is 98% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for 55090
BedroomsFY 2027Change90–110% range
Studio$1,510−3.2%$1,359–$1,661
1BR$1,700−4.0%$1,530–$1,870
2BR$2,070−3.7%$1,863–$2,277
3BR$2,700−5.3%$2,430–$2,970
4BR$3,030−4.7%$2,727–$3,333

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for 55090
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,510$1,700$2,070$2,700$3,030
FY 2026$1,560$1,770$2,150$2,850$3,180
FY 2025$1,570$1,780$2,170$2,890$3,240
FY 2024$1,460$1,650$2,020$2,720$3,090
FY 2023$1,180$1,340$1,650$2,240$2,590

Two-bedroom rent in nearby Washington County ZIP codes

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. 55090
55055$1,540−25.6%
55071$2,450+18.4%
55073$1,540−25.6%
55082$1,700−17.9%
55083$2,010−2.9%
55090Current$2,070—
55109$1,640−20.8%
55110$1,830−11.6%
55115$2,0700.0%
55119$1,630−21.3%
55125$2,220+7.2%
55128$1,770−14.5%

Questions about ZIP 55090 rents

How much will Section 8 pay for a two-bedroom in ZIP 55090?

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 $2,070 it would be $1,863 to $2,277. 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 55090 in?

ZIP 55090 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 55090 for FY 2027?

The two-bedroom FMR fell 3.7%, from $2,150 in FY 2026 to $2,070 in FY 2027. Since FY 2023 it has risen 25.5%.

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